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GlobalTech (GLTK) Q1 2025 earnings results (first quarter 2025)

10-Q filed May 7, 2025

GlobalTech (GLTK) reported revenue of $4.3M for the first quarter 2025 (Q1 2025), +17% from a year earlier and -13% from the quarter before. Operating margin was -21.7%, net loss $1.1M (25.9% of revenue).

Revenue$4.3M
Year over year+17%
Quarter over quarter-13%
Operating margin-21.7%
Net earnings−$1.1M

GlobalTech, Q1 2025: revenue $4.3M (+17% year over year), operating margin -21.7%, net loss $1.1M, operating cash flow −$972K. The chart follows the revenue to costs, profit and cash.

Q1 2025AmountQ/QY/Y
Revenue$4.3M-13%+17%
Operating profit−$944K——
Net earnings−$1.1M-793%—
Operating cash flow−$972K——

What changed

Revenue was $4.3M in Q1 2025, up 17% year over year and down 13% from the previous quarter.

Operating costs exceeded revenue by $944K, an operating margin of -21.7%. Total costs grew 9% against revenue growth of 17%. The fastest-growing cost line was Cost of revenue (+17%). The quarter ended with a net loss of $1.1M, after a profit of $162K the previous quarter.

Operating cash flow was −$1.0M. Non-cash charges added back $501K of depreciation and amortization. Working capital and other items used $348K. Capital expenditures of $17K exceeded it, leaving free cash flow of −$1.0M.

Questions

What was GlobalTech's revenue in the first quarter 2025?

GlobalTech (GLTK) reported revenue of $4.3M for the first quarter 2025 (Q1 2025), +17% from a year earlier and -13% from the quarter before.

Was GlobalTech profitable in the first quarter 2025?

Operating loss was $944K (-21.7% of revenue) and net loss $1.1M.

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Source: GlobalTech 10-Q on SEC EDGAR.