GMTH
GMTech Inc.0.0990
+0.0540+120%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
1.19MP/E (TTM)
2.48Basic EPS (TTM)
0.04Dividend Yield
0%Recent Filings
10-K
FY2025 results
GMTech flipped to $3.5M revenue and $413K net income for FY2025 ended October 31, up massively from $53K revenue and $33K loss prior year, driven by smartphone sales in Asia replacing IT consulting. Gross profit hit $2.7M on $817K cost of revenue, yet $1.8M advertising commissions ate margins while general expenses rose to $351K. Operating cash flowed positive $143K; inventories swelled to $802K with $616K deferred revenue signaling backlog. No dividends or buybacks. Q4 momentum powered the turnaround. Cash dipped to $17K. Material weaknesses plague controls.
10-Q
Q3 FY2025 results
GMTech exploded revenue to $116k in Q3 FY2025 ended July 31 (up 867% y/y from $12k), yet swung to a $174k net loss from prior $6k loss, as advertising commissions hit $222k—58% of smartphone sales via intermediary. Nine-month revenue rocketed to $3.4M (y/y +7,253%, derived), flipping to $437k profit ($0.04 diluted EPS on 12M shares) with 77.2% gross margins, fueled by Asia smartphone wholesale/retail via Shenggang Excellence. Cash swelled to $243k, operating cash flow $197k; minor $70k related-party notes payable. Acquired shells Oct/Nov 2024 for zero consideration. Customer concentration lingers.
10-Q
Q2 FY2025 results
GMTech exploded revenue to $3.3M in Q2 FY2025 ended April 30, 2025, from $12K y/y, all from Asian smartphone sales via Shenggang Excellence, yet gross margins held firm at 77.2% despite 58% commissions to intermediaries. Q1 showed a $334K operating loss from ramp-up, but Q2 swung to $944K net income ($0.08 diluted EPS) after $146K Hong Kong tax, reconciling cleanly with 12M shares. Operating cash flow hit $522K YTD, boosting cash to $634K against minimal $5K notes payable. Recent shell acquisitions of Shenggang and Fengyi fueled the pivot. Customer concentration lingers as a risk.
8-K
Launches upgraded Web3 smartphone
GMTech's subsidiary Shenggang Excellence launched a new generation Web3 native smart terminal on May 30, 2025, upgrading processor performance, node capacity, battery life, and multi-chain compatibility over the prior EARSON model. It integrates DePIN, DID, and edge AI for native on-chain asset custody and encrypted communication, targeting Asia and Middle East markets. This pivots the firm from smartphone maker to decentralized infrastructure builder. Forward-looking statements highlight risks like funding needs.
10-Q
Q1 FY2025 results
GMTech posted zero revenue for Q1 FY2025 ended January 31, 2025, down from $22,800 y/y, swinging to a $334k operating loss on $240k advertising and $95k G&A, versus prior-year profit. Deferred revenue jumped to $803k from two contracts, signaling backlog potential, while cash climbed to $547k via $283k operating inflows and $156k notes payable—both no-interest, 12-month terms. Acquired shells in BVI and Hong Kong for zero consideration post-period. EPS holds at $0.00, matching 12M shares. Cash fuels ramp-up. Customer concentration persists.
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