GlobalTech Corp financial data

Symbol
GLTK on OTC
Industry
Telephone Communications (No Radiotelephone)
Location
3550 Barron Way, Suite 13 A, Reno, NV
State of incorporation
NV
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2024 - Nov 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 41.1 % +2.5%
Quick Ratio 2.23 % -13.2%
Debt-to-equity -116 % +74.3%
Return On Equity -57.9 % +26%
Return On Assets -10.8 % +50.8%
Operating Margin -37.1 % +74.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 140M shares +0.12%
Common Stock, Shares, Outstanding 140M shares
Entity Public Float 0 USD
Common Stock, Value, Issued 14K USD +0.05%
Weighted Average Number of Shares Outstanding, Diluted 140M shares +0.05%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 16.4M USD +53%
Cost of Revenue 2.49M USD -18.2%
Costs and Expenses 3.8M USD
Operating Income (Loss) -6.08M USD +60.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.96M USD +84.5%
Income Tax Expense (Benefit) 269K USD +1.94%
Net Income (Loss) Attributable to Parent -6.06M USD +53.7%
Earnings Per Share, Diluted 0 USD/shares +143%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 765K USD -4.79%
Accounts Receivable, after Allowance for Credit Loss, Current 3.89M USD +0.75%
Inventory, Net 859K USD +4.82%
Assets, Current 17M USD +30.4%
Deferred Income Tax Assets, Net 8.53M USD +3.73%
Property, Plant and Equipment, Net 17.3M USD -2.64%
Operating Lease, Right-of-Use Asset 475K USD +7.88%
Goodwill 23.6M USD
Assets 55.7M USD -0.5%
Accounts Payable, Current 9.93M USD
Accrued Liabilities, Current 2M USD
Liabilities, Current 39.6M USD +17.1%
Long-term Debt and Lease Obligation 647K USD
Operating Lease, Liability, Noncurrent 647K USD -3.21%
Other Liabilities, Noncurrent 1.16M USD -37.9%
Liabilities 46.4M USD +12.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -1.72M USD
Retained Earnings (Accumulated Deficit) -38.2M USD -8.06%
Stockholders' Equity Attributable to Parent -39.9M USD -7.56%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 9.31M USD -37.2%
Liabilities and Equity 55.7M USD -0.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.41M USD
Net Cash Provided by (Used in) Financing Activities -81.2K USD -20.7%
Net Cash Provided by (Used in) Investing Activities -43.8K USD -382%
Common Stock, Shares Authorized 500M shares 0%
Common Stock, Shares, Issued 140M shares +0.05%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 3.44M USD +13.9%
Interest Paid, Excluding Capitalized Interest, Operating Activities 150K USD +154%
Deferred Tax Assets, Valuation Allowance 0 USD -100%
Deferred Tax Assets, Gross 15.9M USD -18.4%
Operating Lease, Liability 1M USD +50.2%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.09M USD +83.9%
Lessee, Operating Lease, Liability, to be Paid 1.2M USD
Property, Plant and Equipment, Gross 17.2M USD -2.69%
Operating Lease, Liability, Current 357K USD
Lessee, Operating Lease, Liability, to be Paid, Year Two 175K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 162K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.13 pure
Deferred Income Tax Expense (Benefit) 158K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 192K USD -58.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 180K USD
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 269K USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 167K USD
Operating Lease, Payments 35.7K USD +27.8%
Additional Paid in Capital 37.5M USD
Current State and Local Tax Expense (Benefit) 0 USD
Current Federal Tax Expense (Benefit) 0 USD
Amortization of Intangible Assets 273K USD -44.8%
Deferred Tax Assets, Net of Valuation Allowance 8.53M USD
Operating Leases, Future Minimum Payments Due 1.33M USD
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 2.15M USD +18.3%