For the quarter ending 2025-09-30, GLTK has $64,539,307 in assets. $47,751,080 in debts. $1,069,413 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,069,413 | 709,127 | ||
| Restricted cash | 2,761,779 | 2,670,958 | ||
| Accounts receivable - net - pledge | 4,118,724 | 4,065,665 | ||
| Short term investments - pledge | 980,509 | 959,823 | ||
| Prepayments | 25,656 | 122,849 | ||
| Stores and spares - pledged | 836,199 | 828,536 | ||
| Loans and advances | 4,953,363 | 4,425,431 | ||
| Other receivables | 1,431,479 | 1,279,380 | ||
| Total current assets | 16,177,122 | 15,061,769 | ||
| Property, plant and equipment - mortgage | 15,887,678 | 15,999,697 | ||
| Operating lease right-of-use assets | 417,688 | 423,747 | ||
| Intangible assets - net - mortgage | 9,607,796 | 9,710,341 | ||
| Advances for intangible assets | 12,463,922 | 12,463,921 | ||
| Long term loans and other assets | 1,603,884 | 3,099,872 | ||
| Deferred tax asset | 8,381,217 | 8,311,890 | ||
| Total assets | 64,539,307 | 65,071,237 | ||
| Trade and other payables | 27,473,942 | 27,127,503 | ||
| Current portion of non-current liabilities | 8,359,088 | 7,897,525 | ||
| Accrued interest | 3,873,503 | 3,805,773 | ||
| Short term borrowings | 888,081 | 881,477 | ||
| Provision for taxation - net | 1,246,050 | 1,214,647 | ||
| Total current liabilities | 41,840,664 | 40,926,925 | ||
| Term finance certificates | 0 | 298,775 | ||
| Long term financing - secured | 1,027,500 | 1,058,311 | ||
| Convertible loan | 1,400,000 | - | ||
| Long term deposits and payable | 1,760,819 | 1,678,363 | ||
| License fee payable | 161,537 | 160,201 | ||
| Operating lease liability | 535,400 | 600,042 | ||
| Post employment benefits | 683,272 | 646,008 | ||
| Other payables | 341,888 | 474,074 | ||
| Total non-current liabilities | 5,910,416 | 4,915,774 | ||
| Total liabilities | 47,751,080 | 45,842,699 | ||
| Common stock, 0.0001 par value - 500,000,000 shares authorized and 149,933,391 and 139,933,391 issued and outstanding shares at september 30, 2025 and december 31, 2024, respectively | 14,993 | 14,993 | ||
| Additional paid in capital | 9,999,000 | 9,999,000 | ||
| Accumulated other comprehensive loss | -1,503,766 | -550,116 | ||
| Accumulated deficit | -39,745,356 | -39,351,143 | ||
| Non - controlling interest | 48,023,356 | 49,115,804 | ||
| Total shareholders' equity | 16,788,227 | 19,228,538 | ||
| Total liabilities and shareholders' equity | 64,539,307 | 65,071,237 | ||
GlobalTech Corp (GLTK)
GlobalTech Corp (GLTK)