Globavend Reports First Half Fiscal 2026 Results, Highlights Continued Logistics Growth and Strong Financial Position
Globavend reported first half fiscal 2026 revenue of US$14.8 million, up 8.0% year-over-year, driven by a 44% increase in average daily shipments across its logistics operations. Despite the top-line growth, profitability was pressured by higher freight costs and increased administrative expenses, resulting in gross margin contraction to 7.1% and a net loss of US$30,887.
Key figures
- Revenue
- 14800000
- Revenue Yoy
- 8.0%
- Cash
- 7100000
- Gross margin
- 7.1%
- Gross profit
- 1000000
- Working capital
- 9100000
- Shareholders equity
- 10400000
AI analysis
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