0001213900-26-016589
SEC filingGlobavend Holdings Limited reported revenue of $23.6 million for fiscal year 2025, with cost of revenue at $21.2 million, resulting in a gross profit of $2.4 million. Operating expenses totaled $1.4 million, leading to income from operations of $958,000. After other income and expenses, net income attributable to the company was $683,000. The company generated $240,000 in net cash from operating activities, while financing activities provided $5.0 million primarily from gross proceeds of $13.5 million from an offering, offset by dividend payments of $1.5 million and offering costs of $8.3 million. Total assets stood at $11.2 million, with shareholders' equity of $10.0 million. Earnings per share were $2.00 for both basic and diluted calculations.
Globavend Holdings Limited reported revenue of $23.6 million for fiscal year 2025 ending September 30, 2025. Cost of revenue was $21.2 million, resulting in gross profit of $2.4 million. Operating expenses totaled $1.4 million, primarily consisting of general and administrative expenses. Income from operations was $958,000. Other income and expenses resulted in a net loss of $75,000, with interest income of $64,000 and other expenses of $138,000. Income before taxes was $883,000, with income tax provision of $200,000, leading to net income attributable to Globavend Holdings Limited of $683,000. Comprehensive income was also $683,000, including a foreign currency translation adjustment of $331. Earnings per share were $2.00 for both basic and diluted calculations, based on weighted average shares outstanding of 423,000.
Revenue for fiscal year 2025 was $23.6 million. No segment breakdown or geographic mix was provided in the available data. The company's revenue generation appears to be concentrated in its core operations, with cost of revenue representing 89.8% of total revenue. No specific growth drivers or product/service breakdown was disclosed in the provided financial data.
Gross margin was 10.2% for fiscal year 2025, calculated from gross profit of $2.4 million on revenue of $23.6 million. Operating margin was 4.1%, derived from operating income of $958,000. The cost structure shows cost of revenue as the dominant expense at $21.2 million, representing 89.8% of revenue. Operating expenses of $1.4 million were primarily general and administrative expenses. No prior period data was provided for margin trend analysis.
Net cash provided by operating activities was $240,000, starting with net income of $683,000 and including adjustments for depreciation of $70,000 and changes in working capital. Investing activities used $8,000 for purchases of property, plant and equipment. Financing activities provided $5.0 million, primarily from gross proceeds of $13.5 million from an offering, offset by dividend payments of $1.5 million and offering costs of $8.3 million. Total assets were $11.2 million, including current assets of $10.0 million with cash and cash equivalents of $7.5 million. Total liabilities were $1.2 million, all current. Shareholders' equity was $10.0 million, with retained earnings of $2.4 million.
No management guidance, strategic priorities, or specific risk factors were disclosed in the provided financial data. The filing does not include forward-looking statements or outlook information in the available sections. The company's financial position shows strong liquidity with $7.5 million in cash and cash equivalents, and shareholders' equity of $10.0 million. The financing activities indicate recent capital raising through an offering, with gross proceeds of $13.5 million.