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Financial statements

Global AI, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data Global AI, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2025
Revenue0.070.060.090.080.070.060.050.030.020.14
Cost of revenue0.020.1
Gross profit0.030.010.04
Research and development00000.04
Selling and marketing0.2
General and administrative0.020.020.020.020.020.020.020.150.320.77
Operating expenses0.080.070.060.060.070.060.160.671.012.35
Operating income-0.01-0.010.030.02-00-0.11-0.64-1-2.31
Interest expense000000
Other non-operating income0.02-0-0-0-0-0-0-0-0.03
Pre-tax income-0.64-1-2.34
Income tax0.04
Net income0-0.020.020.01-00-0.12-0.64-1-2.37
EBITDA-2.3
EPS, basic0.000.000.000.000.000.000.000.00-0.01-0.02
EPS, diluted0.000.000.000.000.000.000.000.00-0.01-0.02
Shares, basic (weighted)26.926.926.926.926.9108108137154155
Shares, diluted (weighted)26.926.926.926.926.9108108137154155

Balance sheet

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2025
Cash and equivalents000.010.0100.0100.180.010.08
Receivables0.0100.010.030.12
Other current assets0.010.01000.11
Total current assets0.010.010.010.010.010.0200.190.040.32
Property, plant and equipment0.07
Other non-current assets3.66
Total assets0.020.010.010.010.010.0200.190.044.05
Accounts payable000.030.230.3
Accrued liabilities0.030.23
Deferred revenue0.1
Total current liabilities0.110.130.10.10.10.10.030.240.735.87
Total liabilities0.110.130.10.10.10.10.030.240.735.87
Paid-in capital1.31.31.31.31.31.221.381.842.213.44
Retained earnings-1.42-1.44-1.42-1.41-1.41-1.41-1.53-2.05-3.05-5.42
Shareholders' equity-0.1-0.12-0.09-0.08-0.09-0.09-0.2-0.05-0.3-1.82
Total equity-0.1-0.12-0.09-0.08-0.09-0.09-0.2-0.05-0.3-1.82
Total liabilities and equity0.020.010.010.010.010.0200.190.044.05
Shares outstanding26.926.926.926.926.9108114154154

Cash flow statement

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2023FY2024FY2025
Net income0-0.020.020.0100-0.12-0.64-1-2.37
Depreciation and amortization0.01
Stock-based compensation0.070.07
Change in receivables-0.010.010-0.03-0.1
Change in payables-0-0-000.030.230.10.63
Cash from operations-0.01-0.010.03-0-0.010-0.01-0.33-0.93-1.94
Capital expenditures-0.08
Cash from investing-1.93
Stock issued1.1
Cash from financing0.010.01-0.02000.50.753.94
Net change in cash000-0.010-0.010.17-0.170.07
Free cash flow-2.02
Interest paid0.01000.010.01

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.80 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin-1,479.0%Operating income / revenue.
EBITDA margin-1,462.0%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-859.5%Pre-tax income / revenue.
Net margin-1,479.0%Net income / revenue.
FCF margin-952.7%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin-898.6%Cash from operations / revenue.
Return on assets (ROA)-61.0%Net income / average total assets.
Capex / revenue54.1%Capital expenditures / revenue.
D&A / revenue16.7%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y477.8%Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y343.8%Gross profit vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y10,266.0%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y0.3%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.04xCurrent assets / current liabilities.
Quick ratio0.02x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.01x(Cash + short-term investments) / current liabilities.
Liabilities / assets176.0%Total liabilities / total assets.
Working capital-$7.6MCurrent assets - current liabilities.
Tangible book value-$3.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.04xRevenue / average total assets.
Fixed asset turnover2.17xRevenue / average property, plant and equipment.
Receivables turnover1.35xRevenue / average receivables.
Days sales outstanding271 days365 x average receivables / revenue.

Valuation

MetricValueHow it is calculated
Market cap$91.9MShare price x shares outstanding.
Enterprise value$91.9MMarket cap + total debt - cash - short-term investments.
P/S499xMarket cap / revenue.
EV/Sales499xEnterprise value / revenue.
FCF yield-1.9%Free cash flow / market cap.
Earnings yield-3.0%Net income / market cap (the inverse of P/E).
What was Global AI, Inc.'s revenue in fiscal 2025?

Global AI, Inc. reported revenue of $143.8K for fiscal 2025, 477.8% higher than the year before.

Was Global AI, Inc. profitable in fiscal 2025?

No. It reported a net loss of $2.4M.

How much free cash flow did Global AI, Inc. generate in fiscal 2025?

Cash from operations of $1.9M minus capital expenditures of $78.9K left free cash flow of -$2.0M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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