For the quarter ending 2026-03-31, GLTK has $100,762,297 in assets. $64,662,379 in debts. $571,222 in cash and cash equivalents.
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 571,222 | 528,717 | 1,069,413 | 709,127 |
| Restricted cash | 2,754,669 | 2,721,030 | 2,761,779 | 2,670,958 |
| Accounts receivable - net - pledge | 7,996,528 | 8,283,057 | 4,118,724 | 4,065,665 |
| Short term investments - pledge | 1,010,895 | 1,037,131 | 980,509 | 959,823 |
| Prepayments | 1,021,733 | 960,235 | 25,656 | 122,849 |
| Stores and spares - pledged | 88,510 | - | - | - |
| Inventory | 4,504,008 | 835,010 | 836,199 | 828,536 |
| Stock in trade | - | 5,225,746 | - | - |
| Advances | 4,526,074 | 4,332,758 | 4,953,363 | 4,425,431 |
| Due from related parties | 58,883 | 158,203 | - | - |
| Other receivables | 1,415,880 | 1,426,910 | 1,431,479 | 1,279,380 |
| Total current assets | 23,948,402 | 25,508,797 | 16,177,122 | 15,061,769 |
| Property, plant and equipment - mortgage | 15,862,645 | 16,074,411 | 15,887,678 | 15,999,697 |
| Advances for intangible assets | - | - | 12,463,922 | 12,463,921 |
| Operating lease right-of-use assets | 1,397,282 | 1,248,106 | 417,688 | 423,747 |
| Long term loans and other assets | - | - | 1,603,884 | 3,099,872 |
| Intangible assets - net - pledge | 45,280,247 | 46,253,581 | 9,607,796 | 9,710,341 |
| Goodwill | 4,826,373 | 4,826,375 | - | - |
| Advances to related party | 3,481,536 | 3,360,688 | - | - |
| Long term receivables and other assets | 3,343,373 | 3,232,132 | - | - |
| Deferred tax asset | 2,622,439 | 2,641,751 | 8,381,217 | 8,311,890 |
| Total assets | 100,762,297 | 103,145,841 | 64,539,307 | 65,071,237 |
| Trade and other payables | 38,339,257 | 38,416,828 | 27,473,942 | 27,127,503 |
| Current portion of non-current liabilities | 9,192,853 | 8,896,008 | 8,359,088 | 7,897,525 |
| Accrued interest | 4,216,849 | 4,044,858 | 3,873,503 | 3,805,773 |
| Short term borrowings- pledge | 3,656,787 | 2,949,049 | 888,081 | 881,477 |
| Due to related parties | 345,959 | 347,416 | - | - |
| Provision for taxation - net | 654,075 | 634,002 | 1,246,050 | 1,214,647 |
| Total current liabilities | 56,405,780 | 55,288,161 | 41,840,664 | 40,926,925 |
| Term finance certificates | 0 | 0 | 0 | 298,775 |
| Long term financing - secured | 485,341 | 623,629 | 1,027,500 | 1,058,311 |
| Convertible loan | - | - | 1,400,000 | - |
| Long term financing - convertible | 1,625,000 | 1,625,000 | - | - |
| Long term deposits and payable | 1,908,250 | 1,687,168 | 1,760,819 | 1,678,363 |
| Other payables | - | - | 341,888 | 474,074 |
| License fee payable | 162,808 | 162,228 | 161,537 | 160,201 |
| Operating lease liability | 979,894 | 977,792 | 535,400 | 600,042 |
| Post employment benefits | 739,342 | 704,377 | 683,272 | 646,008 |
| Due to related parties | 2,355,964 | 2,243,820 | - | - |
| Total non-current liabilities | 8,256,599 | 8,024,014 | 5,910,416 | 4,915,774 |
| Total liabilities | 64,662,379 | 63,312,175 | 47,751,080 | 45,842,699 |
| Preferred stock, 0.0001 par value - authorized 50,000,000 shares of series a convertible preferred stock 82,800 and 82,800 issued and outstanding at march 31, 2026 and december 31, 2025, respectively | 8,280,000 | 8,280,000 | - | - |
| Common stock, 0.0001 par value - 500,000,000 shares authorized and 151,071,091 and 150,719,091 issued and outstanding shares at march 31, 2026 and december 31, 2025, respectively | 15,107 | 15,072 | 14,993 | 14,993 |
| Additional paid in capital | 12,274,286 | 11,570,321 | 9,999,000 | 9,999,000 |
| Accumulated other comprehensive loss | -547,713 | -322,182 | -1,503,766 | -550,116 |
| Accumulated deficit | -41,944,270 | -39,824,105 | -39,745,356 | -39,351,143 |
| Shareholders' equity attributable to parent | -21,922,590 | -20,280,894 | - | - |
| Non - controlling interest | 58,022,508 | 60,114,560 | 48,023,356 | 49,115,804 |
| Total shareholders' equity | 36,099,918 | 39,833,666 | 16,788,227 | 19,228,538 |
| Total liabilities and shareholders' equity | 100,762,297 | 103,145,841 | 64,539,307 | 65,071,237 |
GlobalTech Corp (GLTK)
GlobalTech Corp (GLTK)