GlobalTech Corp. (OTC: GLTK), a technology holding company specializing in artificial intelligence and big data solutions, reported financial results for the third quarter ended Sept. 30, 2025, showing a 10% increase in revenue to $5.5 million. The growth was driven by strong performance in its telecom and broadband segments. The company also narrowed its operating loss to $516,000 from $1.1 million in the same period last year, while net loss was $713,000, or $0.005 per share.
CEO Dan Green stated that the quarter marked continued progress toward a service- and technology-centric model, underscored by new leadership appointments and expanding commercial readiness across multiple platforms. Key milestones include a Hyperledger-based blockchain project for a U.K. client, the U.S. rollout of its BillCare subscriber management platform, and near-term commercialization of its CADNZ digital lending solution. Additionally, the company has developed AI-driven compliance tools and Thrivo.AI, an integrated ERP and e-commerce system.
“These initiatives, combined with Frank Parrish’s leadership, position GlobalTech at the intersection of connectivity, compliance, and data intelligence, laying the foundation for sustainable growth in 2026 and beyond,” Green said in the press release.
The company’s focus on AI, blockchain, and fintech reflects broader industry trends where technologies are converging to create new efficiencies and revenue streams. GlobalTech’s ability to reduce its operating loss while investing in these areas suggests a strategic path toward profitability. For investors, the narrowing losses and revenue growth signal that the company’s pivot to higher-margin technology services is gaining traction.
GlobalTech Corporation is a U.S.-based technology holding company driving innovation across AI, big data, and frontier technologies. Through strategic partnerships, scalable platforms, and capital investments, GlobalTech seeks to empower companies and enterprises to transform industries and create value in the digital economy. More information is available in the company’s newsroom.
