GlobalTech (OTC: GLTK), a technology holding company specializing in artificial intelligence (AI) and big data solutions, today announced financial results for the third quarter ended Sept. 30, 2025. Revenue increased 10% to $5.5 million, driven by strong telecom and broadband performance. Operating loss narrowed to $516,000 from $1.1 million a year ago, while net loss was $713,000, or $0.005 per share. CEO Dan Green said the quarter marked continued progress toward a service- and technology-centric model, highlighted by new leadership appointments and expanding commercial readiness across multiple platforms. Recent milestones include a Hyperledger(R)-based blockchain project for a U.K. client, the U.S. rollout of its BillCare subscriber management platform, and near-term commercialization of its CADNZ digital lending solution. Additional developments include AI-driven compliance tools and Thrivo.AI, an integrated ERP and e-commerce system. “These initiatives, combined with Frank Parrish’s leadership, position GlobalTech at the intersection of connectivity, compliance, and data intelligence, laying the foundation for sustainable growth in 2026 and beyond,” Green said.
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About GlobalTech Corporation
GlobalTech Corporation is a U.S.-based technology holding company driving innovation across AI, big data, and frontier technologies. Through strategic partnerships, scalable platforms, and capital investments, GlobalTech seeks to empower companies and enterprises to transform industries and create value in the digital economy.
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