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Financial statements

GBT Technologies Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GBT Technologies 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

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue0.179.1914.519.30.180.090
Cost of revenue8.6513.418.30.82
Gross profit0.170.541.131.020.180.09
General and administrative1.43.5716.21270.190.290.70.080.080.01
Operating expenses1.537.8546.51777.9518.72.850.640.640.32
Operating income-1.36-7.3-45.4-176-7.77-18.5-2.76-0.64-0.64-0.32
Interest expense0.012.165.816.222.952.020.970.460.460.4
Other non-operating income-0.22-2.98-5.97-10.4-11.2-15.58.1221.321.3-0.41
Pre-tax income-1.59-10.3-51.4-187-19-33.95.3620.720.7-0.72
Income from continuing operations-51.4-187-19-33.95.32
Net income to minority interests-1.03-0.04-0.04-0
Net income-1.59-10.3-51.8-187-18-33.96.3520.720.7-0.72
EBITDA-1.36-7.28-45.3-176-7.73
EPS, basic-7.93-21.80-39.63-38.96-0.11-1.700.010.000.000.00
EPS, diluted-7.93-21.80-39.63-38.96-0.11-1.700.000.000.000.00
Shares, basic (weighted)0.20.471.314.791602069716,41716,41718,061
Shares, diluted (weighted)0.20.471.314.79160204,647589,343589,343653,855

Balance sheet

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash and equivalents01.311.860.060.10.110.09000
Short-term investments4.210.650.020.030.010
Receivables0.040.040.0900.030.05
Inventory0.260.01
Other current assets0.010.030.13
Total current assets0.011.6110.41.271.164.020.370.080.010
Property, plant and equipment00.260.190
Goodwill0.950.93
Intangible assets6.673.15
Long-term investments014
Other non-current assets0.010
Total assets0.029.4924.55.271.164.020.370.080.010
Accounts payable0.111.21.430.541.051.110.880.770.690.9
Accrued liabilities3.030.540.500
Deferred revenue0.0600.040
Total current liabilities0.772.67101328.932.418.931.99.9510.5
Long-term debt00.150.340.31
Total liabilities0.825.2710242932.819.232.210.210.9
Paid-in capital3.9319.281.3242251284289293294286
Retained earnings-4.09-14.4-66.2-253-271-305-298-316-295-296
Treasury stock-0.64-0.64-0.64-0.64-0.64-0.64-0.64-0.01-0.01-0.01
Shareholders' equity-0.84.2214.5-18.7-27.9-28.8-17.8-31.1-9.11-9.79
Minority interests-1.03-1.04-1.08-1.08
Total equity-0.84.2214.5-18.7-27.9-28.8-18.8-32.1-10.2-10.9
Total liabilities and equity0.029.4924.55.271.164.020.370.080.010
Shares outstanding0.420.5918216.55.1333.21,53610,25416,81320,218

Cash flow statement

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net income-1.59-10.3-51.8-187-18-33.95.3220.720.7-0.72
Depreciation and amortization00.030.110.110.05
Stock-based compensation0.69
Change in receivables0.03-0.04-0.11-0.620-0.03
Change in inventory-0.140.26-0.01
Change in payables0.610.771.161.722.145.07-0.252.12-0.220.58
Cash from operations-0.020.23-4.65-6.62-0.99-1.37-0.23-0.050.030
Capital expenditures-0.08-0.02-0.02-0
Acquisitions-0.2
Purchases of investments-0.27
Cash from investing-0.08-0.48-1.15-0.23-0.28
Debt issued0.446.3630.821.320.30.09
Debt repaid-0.29-1.31
Stock issued11.5
Cash from financing1.155.695.971.281.410.360.04-0.03
Net change in cash-0.021.30.56-1.80.050.04-0.14-0.01-00
Free cash flow0.15-4.67-6.64-1
Interest paid1.2600
Income taxes paid00

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 $0.00 on September 28, 2026.

Profitability

MetricValueHow it is calculated
Return on assets (ROA)-1,167.0%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y-103.5%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-98.3%Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y-93.0%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y-88.2%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y-78.0%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y10.9%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y420.1%Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y427.6%Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio0.01xCurrent assets / current liabilities.
Liabilities / assets13,674.0%Total liabilities / total assets.
Interest coverage-0.44xOperating income / interest expense.
Working capital-$10.9MCurrent assets - current liabilities.
Tangible book value-$10.2MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
EPS, diluted$0.00Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Operating cash flow per share-$0.00Cash from operations / diluted weighted shares.
Book value per share-$0.00Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$0.00Tangible book value / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$2.4MShare price x shares outstanding.
Enterprise value$2.4MMarket cap + total debt - cash - short-term investments.
Earnings yield-40.0%Net income / market cap (the inverse of P/E).
Was GBT Technologies Inc. profitable in fiscal 2025?

No. It reported a net loss of $718.3K.

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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