Global Mofy (Nasdaq: GMM) FY25 revenue up 35% but posts net loss

Rhea-AI Filing Summary

Global Mofy AI Limited reported strong growth for the fiscal year ended September 30, 2025, with revenue rising to $55.9 million, a 35.3% increase from $41.4 million in 2024. Growth was driven by demand for virtual content production and 3D digital assets across film, TV, advertising, gaming, digital tourism, and new participation in short-form drama projects.

Total assets increased to $78.0 million from $59.2 million, mainly due to higher investment in intangible assets tied to 3D digital assets and AI technologies. Gross profit reached $22.5 million with a 40.2% gross margin, while non‑GAAP operating income improved to $10.8 million from $9.1 million, reflecting underlying operating strength despite heavier spending on R&D and general and administrative functions.

On a GAAP basis, the company swung to a net loss of $19.3 million, compared with net income of $12.1 million a year earlier, largely due to non‑cash warrant liability items, including a loss on issuance and fair value changes. Basic and diluted loss per share was $(1.19), versus earnings per share of $6.37 in 2024. R&D expenses increased to $7.9 million as Global Mofy expanded its 3D digital asset library and launched Gauss AI Lab to advance AI‑native production workflows.

Insights

Equity & AI sector analyst

Strong top-line and core operations, but GAAP loss driven by warrant accounting.

Global Mofy delivered solid operating growth in fiscal 2025. Revenue increased to $55.9 million, up 35.3% from $41.4 million, supported by demand for virtual content and 3D assets and new short-form drama projects. Gross profit rose to $22.5 million and gross margin was 40.2%, indicating the business still earns healthy spreads while investing in AI-native production.

On an operating basis, performance remained positive: non-GAAP operating income improved to $10.8 million from $9.1 million, despite higher general and administrative and R&D spending tied to AI infrastructure and Gauss AI Lab. Total assets also increased to $78.0 million, mainly through larger intangible assets related to 3D and AI technologies.

The headline negative is the shift to a GAAP net loss of $19.3 million versus prior-year net income of $12.1 million. The figures show this was mainly driven by non-cash warrant-related items, including a $22.3 million loss on issuance of warrant liability and other fair-value movements, rather than deterioration in core operations. Future disclosures will clarify how frequently such accounting effects impact reported earnings.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2026

Commission File Number: 001-41834

Global Mofy AI Limited

No. 102, 1st Floor, No. A12, Xidian Memory Cultural and Creative Town

Gaobeidian Township, Chaoyang District, Beijing

People’s Republic of China, 100000

+86-10-64376636

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒      Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

EXHIBIT INDEX

Exhibit No.		Description
99.1		Press Release - Global Mofy Announces Fiscal Year 2025 Financial Results; Conference Call Scheduled for Friday, January 9th, at 8:30 AM Eastern Time, dated January 9, 2026
99.2		Presentation dated January 9, 2026

1

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Global Mofy AI Limited
Date: January 12, 2026	By:	/s/ Haogang Yang
	Name:	Haogang Yang
	Title:	Chief Executive Officer, Director, and Chairman of the Board

2 

Exhibit 99.1

Global Mofy Announces Fiscal Year 2025 Financial Results; Conference Call Scheduled for Friday, January 9th, at 8:30 AM Eastern Time

● Total Revenue of $55.9 million, up 35.3% year-over-year, marking a new record high in the Company’s history.

● Gross Profit of $22.5 million, reflecting continued investment in AI-native production capabilities.

● NON-GAAP Operating Income reached $10.8 million, representing a year-over-year increase of 17.9%.

● Strategic transition toward AI-native production and AI Agent–driven workflows accelerated during fiscal year 2025.

BEIJING, January 9, 2026 — Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced its financial results for the fiscal year ended September 30, 2025.

During fiscal year 2025, the Company achieved record annual revenue while simultaneously accelerating its strategic transition toward AI-native production pipelines and AI Agent–based workflows. These initiatives reflect the Company’s long-term commitment to transforming traditional content production processes through scalable, intelligent, and data-governed AI infrastructure.

“Fiscal year 2025 represented a pivotal year for Global Mofy,” said Haogang Yang, Founder and CEO of Global Mofy, “While we continued to deliver record revenue growth, we also made deliberate investments to advance our AI-native production framework and AI Agent–driven workflows. These initiatives are foundational to our long-term strategy, enabling us to transition from human-intensive production toward scalable, machine-assisted creation. We believe these investments position the Company to unlock meaningful efficiency gains, operational leverage, and long-term value creation as enterprise adoption of generative AI continues to accelerate.”

Financial Results for Fiscal Year Ended September 30, 2025

Total Assets: As of September 30, 2025, the Company’s total assets increased to $78.0 million, compared to $59.2 million as of September 30, 2024, representing an increase of 31.9% year-over-year. The increase was primarily driven by continued investment in intangible assets related to 3D digital assets and AI-related technologies, reflecting the Company’s ongoing focus on strengthening its long-term technology foundation.

Revenue: Revenue for fiscal year 2025 increased to $55.9 million, representing a 35.3% increase from $41.4 million in fiscal year 2024. The increase was driven by sustained demand for virtual content production and 3D digital assets across film, television, advertising, gaming, and digital tourism.

In addition, in response to the rapidly expanding short-form drama market, the Company adopted an innovative cooperation model to participate in short-form drama investment and production projects. The Company believes that the continued expansion of its short-form drama production business will further diversify its revenue streams and provide additional revenue support over time.

Gross Profit: Gross profit for fiscal year 2025 was $22.5 million, compared to $20.8 million in fiscal year 2024. Gross margin was 40.2%, reflecting continued investment in AI-native production infrastructure, expanded R&D initiatives, and the scaling of AI Agent–based workflows to support long-term efficiency and automation.

Net Income: Net loss for fiscal year 2025 was $19.3 million, compared to net income of $12.1 million in fiscal year 2024. The net loss was primarily attributable to non-cash, accounting-driven items related to warrant liabilities, including a loss on issuance of warrant liability and changes in fair value, which are non-operational in nature.

Non-GAAP Operating Income: On a non-GAAP basis, the Group’s operating income for fiscal year 2025 was $10.8 million, compared to $9.1 million for fiscal year 2024, representing an increase of $1.7 million year-over-year. The Company believes that non-GAAP operating income provides supplemental information regarding its core operating performance by excluding certain non-cash and accounting-related items.

Earnings Per Share (EPS): Basic and diluted loss per share for fiscal year 2025 was $(1.19), compared to basic and diluted earnings per share of $6.37 for fiscal year 2024.

Research and Development (R&D) Expenses: R&D expenses for fiscal year 2025 totaled $7.9 million, compared to $7.4 million in fiscal year 2024, representing an increase of 6.7% year-over-year. These investments were primarily focused on expanding and enhancing the Company’s 3D digital asset library to support growing AI-driven demand, as well as advancing the development of AI-based generative tools. Beginning in fiscal year 2025, the Group also initiated research and development efforts related to AI-native production workflows with the launch of Gauss AI Lab, which are expected to support long-term efficiency, scalability, and intelligent production capabilities.

Recent Developments

● High-Profile Content Production Success: In January 2025, Global Mofy delivered premium visual effects for the television series Guardians of the Dafeng, leveraging generative AI technology, a high-precision 3D digital asset bank, and advanced virtual technology services pipelines. The series achieved strong audience reception across major platforms including Tencent Video, Disney+ Taiwan, Rakuten Viki North America, and Viu Singapore, reinforcing the Company’s ability to support top-tier productions with cinematic-quality visual effects.

2

● Industry Recognition: In March 2025, Global Mofy (Beijing) Technology Co., Ltd., a wholly owned subsidiary of the Company, was officially recognized as a Specialized, High-End and Innovation-Driven Small and Medium-Sized Enterprise by the Beijing Municipal Bureau of Economy and Information Technology, reflecting the Company’s technological capabilities and innovation strength.

● Expansion into Short-Form Drama Production: In March 2025, the Company officially launched its short drama brand, Mofy Clip, and participated as a co-producer in a short drama project under China Literature’s Yuewen Short Drama brand, further expanding its presence in the rapidly growing short-form content market.

● Launch of Gauss AI Lab: In March 2025, Global Mofy announced the launch of Gauss AI Lab, a fully integrated AI ecosystem unifying the Company’s generative AI platforms, AI Agent technologies, and R&D initiatives. The platform integrates Gausspeed, AI Agent workflows, and AI-powered content generation tools to support scalable, intelligent production across digital content, gaming, smart cities, and XR applications.

● Capital Raising Activities: In April 2025, the Company completed a $4.0 million private placement financing. In December 2025, the Company completed an additional $4.8 million private placement financing, further strengthening its capital base and financial flexibility.

● Strategic Investment in East African Digital Freight Platform: In June 2025, Global Mofy made a strategic investment in Wetruck AI, a digital freight platform headquartered in Ethiopia. This investment marked the Company’s first direct market entry into Africa and reflects its strategic initiative to expand the application of AI technologies into infrastructure and logistics sectors in emerging markets.

● Global AI Infrastructure Expansion: In January 2026, the Company established Eaglepoint AI Inc., a Delaware-based entity majority owned (51%) through its wholly owned U.S. subsidiary, GMM Discovery LLC. Eaglepoint AI focuses on AI data engineering, data governance, and AI model training support. Through Eaglepoint AI and its proprietary workflow tool Aquila, Global Mofy is advancing its global AI training capabilities and supporting scalable AI Agent and large-model development.

3

Conference Call and Webcast Information

Global Mofy will host a conference call and live webcast to discuss its fiscal year 2025 financial results and business outlook on Friday, January 9, 2026, at 8:30 AM Eastern Time.

● Live Webcast: https://edge.media-server.com/mmc/p/3aaw99wp

● Conference Call Registration: https://register-conf.media-server.com/register/BI413452ef81774b4d8f1e1d9dfc4b8bb8

Upon registration, participants will receive dial-in information and a unique PIN. A replay of the webcast will be available on the Company’s investor relations website following the event.

About Global Mofy AI Limited

Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy is one of the leading digital asset banks in China, which consists of more than 150,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.ai or ir.globalmofy.cn.

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company’s statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Global Mofy AI Ltd.

Investor Relations Department

ir@mof-vfx.com

4

GLOBAL MOFY AI LIMITED
CONSOLIDATED BALANCE SHEETS
(Expressed in U.S. Dollars, except for the number of shares)

		As of September 30,
		2025				2024
		US$				US$
ASSETS
Current assets
Cash		$	1,172,732			$	8,068,560
Restricted cash			3,000,000				3,000,000
Accounts receivable, net			1,534,345				1,254,613
Advances to vendors, net			10,206,554				5,736,093
Due from related parties			26,333				19,665
Investment in short drama			39,331				—
Prepaid expenses and other current assets, net			1,120,244				967,613
Total current assets			17,099,539				19,046,544
Non-current assets
Long-term investments			481,938				284,998
Property and equipment, net			14,986				13,420
Intangible assets, net			59,749,819				38,796,262
Operating lease right-of-use assets			318,392				660,946
Advances to vendors, net – non-current			258,224				261,956
Other assets			125,913				127,732
Total non-current assets			60,949,272				40,145,314
Total assets		$	78,048,811			$	59,191,858
LIABILITIES AND EQUITY
Current liabilities
Short-term bank loans		$	3,365,077			$	5,397,521
Loans from a third party			23,177				23,512
Accounts payable			1,777,444				1,213,114
Advances from customers			6,726,413				3,837,621
Due to a related party			22,846				50,380
Tax payable			2,652,385				2,035,653
Accrued expenses and other liabilities			706,737				553,696
Operating lease liabilities – current			304,180				270,183
Total current liabilities			15,578,259				13,381,680
Non-current liabilities
Warrants liabilities			494,048				—
Operating lease liabilities – non-current			—				308,575
Total non-current liabilities			494,048				308,575
Total liabilities			16,072,307				13,690,255
Equity:
Class A ordinary shares ($0.00003 par value, 30,000,000,000 shares authorized, 25,844,079 and 1,410,001 shares issued and outstanding as of September 30, 2025 and 2024, respectively)*			775				42
Class B ordinary shares ($0.00003 par value, 4,000,000,000 shares authorized, 3,723,975 and 848,203 shares issued and outstanding as of September 30, 2025 and 2024, respectively)			112				26
Additional paid-in capital			63,897,923				27,796,887
Statutory reserves			3,061,428				1,926,547
(Accumulated Deficits) Retained earnings			(4,700,020	)			15,737,191
Accumulated other comprehensive (loss) income			(139,432	)			187,118
Total Global Mofy AI Limited shareholders’ equity			62,120,786				45,647,811
Non-controlling interests			(144,282	)			(146,208	)
Total equity			61,976,504				45,501,603
Total liabilities and equity		$	78,048,811			$	59,191,858

*	Retrospectively restated for effect of reverse share split on November 26, 2024 (see Note 11).
*	The company held its annual general meeting on August 15, 2024, re-designating all of the previously issued and outstanding ordinary shares into Class A Ordinary Shares (see Note 11).

5

GLOBAL MOFY AI LIMITED
CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME
(Expressed in U.S. Dollars, except for the number of shares)

		For the years ended September 30,
		2025				2024				2023
		US$				US$				US$
Revenue		$	55,941,283			$	41,360,953			$	26,889,911
Cost of revenue			(33,430,822	)			(20,556,763	)			(12,357,934	)
Gross profit			22,510,461				20,804,190				14,531,977
Operating expenses:
Selling expenses			(883,215	)			(1,107,215	)			(294,587	)
General and administrative expenses			(10,678,289	)			(5,425,015	)			(3,046,037	)
Research and development expenses			(7,945,137	)			(7,448,583	)			(3,546,155	)
Total operating expenses			(19,506,641	)			(13,980,813	)			(6,886,779	)
Income from operations			3,003,820				6,823,377				7,645,198
Other (expenses) income:
Interest income			92,857				208,647				41,230
Interest expenses			(195,265	)			(195,331	)			(126,206	)
Issuance costs allocated to warrant liability			(30,319	)			(823,846	)			—
Change in fair value of warrant liability			(4,203,405	)			6,827,034				—
Gain on extinguishment of warrant Liability			5,002,010				—				—
Loss on issuance of warrant liability			(22,339,159	)
Other income, net			30,214				144,819				89,124
Total other (expense) income, net			(21,643,067	)			6,161,323				4,148
(Loss) income before income taxes			(18,639,247	)			12,984,700				7,649,346
Income tax expense			(663,238	)			(847,448	)			(1,098,087	)
Net (loss) income			(19,302,485	)			12,137,252				6,551,259
Net loss attributable to non-controlling interest			(155	)			(100	)			(579	)
Net (loss) income attributable to Global Mofy AI Limited		$	(19,302,330	)		$	12,137,352			$	6,551,838
Comprehensive income (loss)
Net (loss) income		$	(19,302,485	)		$	12,137,252			$	6,551,259
Foreign currency translation (loss) gain			(324,469	)			785,722				(407,248	)
Total comprehensive (loss) income			(19,626,954	)			12,922,974				6,144,011
Comprehensive income (loss) attributable to non-controlling interests			1,926				(5,678	)			3,031
Comprehensive (loss) income attributable to Global Mofy AI Limited		$	(19,628,880	)		$	12,928,652			$	6,140,980
(Loss) earnings per Class A ordinary share
– Basic and diluted*		$	(1.19	)		$	6.37			$	3.93
Weighted average number of Class A ordinary shares outstanding
– Basic and diluted*			14,086,610				1,798,850				1,668,083
(Loss) earnings per Class B ordinary share
– Basic and diluted*		$	(1.19	)		$	6.37			$	-
Weighted average Class B ordinary shares outstanding
– Basic and diluted*			2,100,937				106,605				-

*	Retrospectively restated for effect of reverse share split on November 26, 2024 (see Note 11).
*	The company held its annual general meeting on August 15, 2024, re-designating all of the previously issued and outstanding ordinary shares into Class A Ordinary Shares (see Note 11).

6

FAQ

How did Global Mofy (GMM) perform financially in fiscal year 2025?

For the year ended September 30, 2025, Global Mofy generated revenue of $55.9 million, up 35.3% from $41.4 million in 2024. Gross profit was $22.5 million with a 40.2% gross margin, and non-GAAP operating income rose to $10.8 million from $9.1 million.

Why did Global Mofy report a net loss in 2025 despite revenue growth?

Global Mofy reported a net loss of $19.3 million for 2025, compared with net income of $12.1 million in 2024. The company explains this was primarily due to non-cash warrant liability items, including a loss on issuance of warrant liability and changes in fair value, which are described as non-operational in nature.

What were Global Mofy’s earnings per share (EPS) for fiscal 2025?

For fiscal 2025, Global Mofy’s basic and diluted loss per share was $(1.19) for both Class A and Class B ordinary shares. In 2024, basic and diluted earnings per share were $6.37, retrospectively restated for a reverse share split.

How is Global Mofy investing in AI and 3D digital assets?

The company increased R&D expenses to $7.9 million in 2025 from $7.4 million in 2024, focusing on expanding its 3D digital asset library and developing AI-based generative tools. It also launched Gauss AI Lab to advance AI-native production workflows and AI Agent–based processes.

How did Global Mofy’s balance sheet change in 2025?

Total assets grew to $78.0 million as of September 30, 2025, from $59.2 million a year earlier, mainly due to higher intangible assets related to 3D digital assets and AI technologies. Total equity increased to $62.0 million, while total liabilities were $16.1 million, including newly recorded warrant liabilities of $0.5 million.

What new business initiatives did Global Mofy highlight for 2025?

Global Mofy noted participation in short-form drama investment and production through an innovative cooperation model, aiming to diversify revenue. It also emphasized its transition toward AI-native production pipelines and AI Agent–based workflows as core to its long-term strategy.

Did Global Mofy schedule a call to discuss its 2025 results?

Yes. Global Mofy scheduled a conference call and live webcast to discuss fiscal year 2025 results and business outlook on Friday, January 9, 2026, at 8:30 AM Eastern Time, with replay access available on its investor relations website.