Global Technologies, Ltd. Files Third Quarter 10-Q with SEC Highlighting Substantial Revenue Growth and Strategic Expansion
Global Technologies (GTLL) has filed its Q3 Form 10-Q, revealing substantial financial growth for the period ending March 31, 2025. The company reported a 473% year-over-year revenue increase to $2,588,452, along with a remarkable 935% surge in gross profit to $904,115.
Operating expenses increased to $629,078 from $501,650, reflecting investments in consulting services and product development. Net income decreased to $250,059 from $526,230, though the previous year's figure was primarily due to derivative liability gains rather than operational performance. The company's strategic pivot into the health and wellness sector is showing positive results, with management focused on developing proprietary platforms for long-term value creation.
Global Technologies (GTLL) ha presentato il modulo 10-Q per il terzo trimestre, evidenziando una crescita finanziaria significativa per il periodo terminato il 31 marzo 2025. La società ha registrato un aumento dei ricavi del 473% su base annua, raggiungendo 2.588.452 dollari, insieme a un notevole incremento del margine lordo del 935% a 904.115 dollari.
Le spese operative sono salite a 629.078 dollari da 501.650 dollari, riflettendo investimenti in servizi di consulenza e sviluppo prodotto. L'utile netto è diminuito a 250.059 dollari da 526.230 dollari, sebbene la cifra dell'anno precedente fosse dovuta principalmente a guadagni da passività derivate piuttosto che alle prestazioni operative. La svolta strategica dell'azienda nel settore della salute e del benessere sta dando risultati positivi, con la direzione concentrata sullo sviluppo di piattaforme proprietarie per la creazione di valore a lungo termine.
Global Technologies (GTLL) ha presentado su formulario 10-Q del tercer trimestre, revelando un crecimiento financiero sustancial para el período finalizado el 31 de marzo de 2025. La compañía reportó un incremento interanual de ingresos del 473% hasta $2,588,452, junto con un notable aumento del 935% en la utilidad bruta que alcanzó $904,115.
Los gastos operativos aumentaron a $629,078 desde $501,650, reflejando inversiones en servicios de consultoría y desarrollo de productos. La utilidad neta disminuyó a $250,059 desde $526,230, aunque la cifra del año anterior se debió principalmente a ganancias por pasivos derivados y no al desempeño operativo. El cambio estratégico de la compañía hacia el sector de salud y bienestar está mostrando resultados positivos, con la gerencia enfocada en desarrollar plataformas propias para la creación de valor a largo plazo.
Global Technologies (GTLL)는 2025년 3월 31일로 종료된 분기에 대한 3분기 Form 10-Q를 제출하며 상당한 재무 성장을 공개했습니다. 회사는 전년 대비 매출이 473% 증가하여 2,588,452달러를 기록했으며, 총이익은 935% 급증하여 904,115달러에 달했습니다.
운영비용은 501,650달러에서 629,078달러로 증가했으며, 이는 컨설팅 서비스와 제품 개발에 대한 투자 증가를 반영합니다. 순이익은 526,230달러에서 250,059달러로 감소했으나, 전년도의 수치는 주로 파생부채 이익에 기인한 것으로 운영 성과와는 다릅니다. 회사의 건강 및 웰니스 분야로의 전략적 전환이 긍정적인 결과를 보이고 있으며, 경영진은 장기적인 가치 창출을 위한 독자적인 플랫폼 개발에 집중하고 있습니다.
Global Technologies (GTLL) a déposé son formulaire 10-Q du troisième trimestre, révélant une croissance financière substantielle pour la période se terminant le 31 mars 2025. La société a déclaré une augmentation des revenus de 473% d'une année sur l'autre à 2 588 452 dollars, ainsi qu'une remarquable hausse de 935% du bénéfice brut à 904 115 dollars.
Les dépenses d'exploitation ont augmenté pour atteindre 629 078 dollars contre 501 650 dollars, reflétant des investissements dans les services de conseil et le développement de produits. Le revenu net a diminué à 250 059 dollars contre 526 230 dollars, bien que le chiffre de l'année précédente soit principalement dû à des gains liés à des passifs dérivés plutôt qu'à la performance opérationnelle. Le virage stratégique de l'entreprise vers le secteur de la santé et du bien-être montre des résultats positifs, la direction se concentrant sur le développement de plateformes propriétaires pour la création de valeur à long terme.
Global Technologies (GTLL) hat seinen Q3 Form 10-Q eingereicht und dabei ein erhebliches finanzielles Wachstum für den Zeitraum bis zum 31. März 2025 bekannt gegeben. Das Unternehmen meldete einen Umsatzanstieg von 473% im Jahresvergleich auf 2.588.452 USD sowie einen bemerkenswerten Anstieg des Bruttogewinns um 935% auf 904.115 USD.
Die Betriebskosten stiegen von 501.650 USD auf 629.078 USD, was Investitionen in Beratungsleistungen und Produktentwicklung widerspiegelt. Der Nettogewinn sank von 526.230 USD auf 250.059 USD, wobei der Wert des Vorjahres hauptsächlich auf Gewinne aus derivativen Verbindlichkeiten und nicht auf operative Leistungen zurückzuführen war. Die strategische Neuausrichtung des Unternehmens im Bereich Gesundheit und Wellness zeigt positive Ergebnisse, wobei das Management sich auf die Entwicklung proprietärer Plattformen zur langfristigen Wertschöpfung konzentriert.
- Revenue surged 473% YoY to $2.59M
- Gross profit increased 935% YoY to $904,115
- Company achieved operational net income of $250,059
- Successful pivot into health and wellness sector showing results
- Operating expenses increased 25% YoY to $629,078
- Net income declined 52% YoY to $250,059
- Trading on OTC Pink market, which typically has lower listing requirements
GREENSBORO, NC, May 16, 2025 (GLOBE NEWSWIRE) -- Global Technologies, Ltd. (OTC PINK: GTLL) (“Global” or the “Company”), a publicly traded, multi-operational company driving innovation and sustainable growth across the technology and service sectors, today announced the filing of its Quarterly Report on Form 10-Q for the period ending March 31, 2025.
The report reflects significant revenue growth, with the Company reporting a
The filing is available on the SEC’s website at www.sec.gov or by following this direct link.
Q3 Financial Highlights (Nine Months Ended March 31, 2025):
• Revenue:
• Gross Profit:
• Operating Expenses: Increased to
• Net Income:
*The Net Income for the nine months ended March 31, 2024 was largely attributed to a gain in derivative liability, thus highlighting Global’s continued move towards operational revenue and profits.
“Global Technologies continues to demonstrate strong revenue growth and strategic momentum,” said H. Wyatt Flippen, Chief Executive Officer of Global Technologies. “Our pivot into the health and wellness sector is beginning to yield meaningful results, and our ongoing development of proprietary platforms will help position the Company for long-term shareholder value creation.”
The Company’s full Form 10-Q filing includes detailed financial statements and management’s discussion and analysis of operations.
About Global Technologies, Ltd.
Global Technologies, Ltd. is a multi-operational company driving innovation and sustainable growth across the technology and service sectors. With a strategic focus on the health and wellness and electric vehicle industries through its subsidiaries, the Company leverages cutting-edge technology and scalable business models to transform these sectors. Global Technologies is committed to enhancing connectivity, efficiency, and environmental stewardship—delivering measurable value to its customers, partners, and shareholders.
Its mission is rooted in empowering businesses and communities with forward-thinking solutions that meet today’s demands while anticipating tomorrow’s opportunities, ensuring a sustainable and thriving future for all stakeholders.
Forward-Looking Statements
Statements made in this press release that express the Company’s or management's intentions, plans, beliefs, expectations, or predictions of future events are forward-looking statements. Words such as "believe," "expect," "intend," "estimate," "anticipate," "will," and similar expressions identify such statements. These statements are based on numerous assumptions and are subject to many risks, uncertainties, and factors—both known and unknown—that could cause actual results to differ materially.
No statement herein should be construed as a guarantee of future financial performance. The Company expressly disclaims any obligation to update or revise these forward-looking statements except as required by law.
Contact:
H. Wyatt Flippen
Chief Executive Officer
Global Technologies, Ltd.
w.flippen@globaltechnologiesltd.info
www.globaltechnologiesltd.info
