Globavend Reports First Half Fiscal 2026 Results, Highlights Continued Logistics Growth and Strong Financial Position
Globavend reported H1 fiscal 2026 revenue of US$14.8 million, up 8.0% year-over-year, driven by a 44% increase in average daily shipments. However, gross profit fell to US$1.0 million from US$1.4 million a year ago, resulting in a gross margin decline to 7.1% from 10.5% and an operating loss of US$369,978.
Key figures
- Revenue
- 14800000
- Revenue Yoy
- 8.0%
- Gross margin
- 7.1%
- Gross profit
- 1000000
- Working capital
- 9100000
- Shareholders equity
- 10400000
- Cash and equivalents
- 7100000
- Average daily shipments
- 44%
AI analysis
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