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Financial statements

Global Mofy AI Ltd financial statements

Income statement, balance sheet and cash flow statement for the last 5 fiscal years, taken from the XBRL data Global Mofy AI Ltd 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

FY2021FY2023FY2023FY2024FY2025
Revenue14.317.226.941.455.9
Cost of revenue1113.112.420.633.4
Gross profit3.284.1214.520.822.5
Research and development0.663.213.557.457.95
General and administrative1.081.043.055.4310.7
Operating expenses1.884.46.891419.5
Operating income1.4-0.297.656.823
Interest expense0.030.070.130.20.2
Interest income0.040.040.040.210.09
Other non-operating income0.030.0206.16-21.6
Pre-tax income1.42-0.277.6513-18.6
Income tax0.011.10.850.66
Net income to minority interests-00-0-0-0
Net income1.42-0.276.5512.1-19.3
EBITDA1.42-0.268.0812.214.9
EPS, basic0.06-0.010.26
EPS, diluted0.06-0.010.29
Shares, basic (weighted)2323.425
Shares, diluted (weighted)2323.425

Balance sheet

FY2021FY2023FY2023FY2024FY2025
Cash and equivalents1.091.1410.411.14.17
Short-term investments0.780.04
Receivables2.13.291.251.53
Other current assets0.40.510.971.12
Total current assets5.9517.91917.1
Property, plant and equipment0.040.030.010.01
Lease right-of-use assets0.150.950.660.32
Intangible assets6.5138.859.7
Long-term investments0.280.48
Other non-current assets0.260.130.13
Total assets8.5327.159.278
Accounts payable0.950.531.211.78
Deferred revenue0.353.846.73
Short-term debt0.311.532.445.43.37
Total current liabilities4.675.7513.415.6
Lease liabilities0.560.31
Total liabilities4.786.313.716.1
Paid-in capital5.111627.863.9
Retained earnings-1.075.1615.7-4.7
Other comprehensive income-0.19-0.60.19-0.14
Shareholders' equity3.892145.662.1
Minority interests-0.14-0.14-0.15-0.14
Total equity2.213.7520.845.562
Total liabilities and equity8.5327.159.278
Shares outstanding23.625.9

Cash flow statement

FY2021FY2023FY2023FY2024FY2025
Net income1.41-0.276.5512.1-19.3
Depreciation and amortization0.020.030.445.3911.9
Stock-based compensation3.838.52
Change in receivables-5.33.57-1.681.89-0.7
Change in payables1.41-1.82-0.410.640.57
Cash from operations-1.47-1.145.7818.122.1
Capital expenditures-0.05-0.03-0.01-0.01-0.01
Purchases of investments-0.75-0.04
Cash from investing-0.08-0.17-7.73-34.7-33.4
Debt repaid-0
Cash from financing2.621.4711.616.94.57
Exchange rate effect-0.12-0.380.3-0.15
Net change in cash1.080.059.30.63-6.9
Free cash flow-1.52-1.175.7718.122.1
Interest paid0.030.070.130.20.2
Income taxes paid000.040.01

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.97 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin40.2%Gross profit / revenue.
Operating margin5.4%Operating income / revenue.
EBITDA margin26.7%EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin-33.3%Pre-tax income / revenue.
Net margin-34.5%Net income / revenue.
FCF margin39.5%Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin39.5%Cash from operations / revenue.
Return on equity (ROE)-35.8%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)-28.1%Net income / average total assets.
Return on invested capital (ROIC)5.1%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
R&D / revenue14.2%Research and development expense / revenue.
Stock-based pay / revenue15.2%Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue0.0%Capital expenditures / revenue.
D&A / revenue21.3%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y35.3%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y48.2%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit growth, 1y8.2%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y76.2%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating income growth, 1y-56.0%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y22.3%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y-259.0%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y22.1%Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y22.1%Free cash flow vs the same period a year earlier. Only from a positive base.
Book value growth, 1y36.1%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y151.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y31.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y109.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.10xCurrent assets / current liabilities.
Quick ratio0.37x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.27x(Cash + short-term investments) / current liabilities.
Liabilities / assets20.6%Total liabilities / total assets.
Interest coverage15.4xOperating income / interest expense.
Working capital$1.5MCurrent assets - current liabilities.
Goodwill and intangibles / assets76.6%(Goodwill + intangible assets) / total assets.
Tangible book value$2.4MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.82xRevenue / average total assets.
Fixed asset turnover3,939xRevenue / average property, plant and equipment.
Receivables turnover40.1xRevenue / average receivables.
Days sales outstanding9 days365 x average receivables / revenue.
Days payables16 days365 x average accounts payable / cost of revenue.
Capex / operating cash flow0.1%Capital expenditures / cash from operations, when that is positive.

Valuation

MetricValueHow it is calculated
Market cap$3.8MShare price x shares outstanding.
Enterprise value-$373.6KMarket cap + total debt - cash - short-term investments.
P/S0.07xMarket cap / revenue.
P/B0.06xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.62xMarket cap / tangible book value, when positive.
P/FCF0.17xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF0.17xMarket cap / cash from operations, when positive.
FCF yield575.7%Free cash flow / market cap.
Earnings yield-502.9%Net income / market cap (the inverse of P/E).
What was Global Mofy AI Ltd's revenue in fiscal 2025?

Global Mofy AI Ltd reported revenue of $55.9M for fiscal 2025, 35.3% higher than the year before.

Was Global Mofy AI Ltd profitable in fiscal 2025?

No. It reported a net loss of $19.3M.

How much free cash flow did Global Mofy AI Ltd generate in fiscal 2025?

Cash from operations of $22.1M minus capital expenditures of $13.6K left free cash flow of $22.1M.

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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