GMTech Inc.

GMTech Inc. reported strong growth in FY 2025, with net revenue increasing to $3.5 million from $52,800 in FY 2024, driven by the launch of its smartphone trading business in Asia. The company achieved net income of $413,355, a significant improvement from a net loss of $(32,557) in the prior year. Gross profit was $2.7 million, with a gross margin of approximately 76.5%. Operating cash flow was positive at $143,000, while investing activities used $241,000 primarily for notes receivable and property purchases. Total assets grew to $1.4 million from $117,000, with inventory and deferred revenue being key drivers. The company's liquidity position improved, though cash decreased by $91,000 to $17,000. Management highlighted the shift from IT consulting to smartphone sales as the primary revenue driver.

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