Global Technologies, Ltd. Announces Its Financial Results for the Quarter Ended March 31, 2024 and the Company's Strategic Business Transition [Yahoo! Finance]
GLOBAL TECHS LTD (GTLL)
Company Research
Source: Yahoo! Finance
for the quarter ended March 31, 2024, and provided an update on its strategic transition from real estate to a focused expansion into the technology and service sectors, primarily in health and wellness, and electric vehicle infrastructure through its subsidiaries, 10 Fold Services and GOe3. Financial Highlights: - Revenue Generation: For the quarter, Global Technologies reported revenues of $451,509, an increase from $14,000 in the prior year, primarily generated by sales introductions between customers and suppliers. - Gross Profit: The Company achieved a gross profit of $87,310 compared to $14,000 in the same quarter of the previous year, reflecting the effective scaling of its service operations. - Net Income: The Company achieved a net income of $2,756,900, compared to a net loss of $668,382 in the same quarter the previous year, driven by the Company's increase in revenue, sale of its commercial property in Sylvester, GA and a gain on derivative liability. - Shareholde
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News
- Global Technologies, Ltd. Announces Launch of New Corporate Website [Yahoo! Finance]Yahoo! Finance
- Global Technologies, Ltd. Announces Launch of New Corporate WebsiteGlobeNewswire
- GOe3, LLC Secures GSA Registration, Announces Major Sales Milestone with Tiny-Home Developers [Yahoo! Finance]Yahoo! Finance
- GOe3, LLC Secures GSA Registration, Announces Major Sales Milestone with Tiny-Home DevelopersGlobeNewswire
- Global Technologies, Ltd. Announces Its Financial Results for the Quarter Ended March 31, 2024 and the Company’s Strategic Business TransitionGlobeNewswire
GTLL
Sec Filings
- 5/29/24 - Form 4
- 5/28/24 - Form 4
- 5/16/24 - Form 8-K
- GTLL's page on the SEC website