Exhibit 99.2 GLOBAL MOFY AI LIMITED UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Expressed in U.S. Dollars, except for the number of shares) | | March 31, | | | September 30, | | --- | --- | --- | --- | --- | | | 2025 | | | 2024 | | | (Unaudited) | | | | | ASSETS Current Assets | | | | | | Cash | $ | 6,001,157 | $ | 8,068,560 | | Restricted cash | | — | | 3,000,000 | | Accounts receivable, net | | 948,911 | | 1,254,613 | | Advances to vendors, net | | 6,161,530 | | 5,736,093 | | Due from related parties ...

Group 1 - The stock price of Global Mofy (GMM) increased by 7.33% on August 18, closing at $2.415 per share, with a total market capitalization of $70.57 million [1] - For the fiscal year ending September 30, 2024, Global Mofy reported total revenue of $41.36 million, representing a year-on-year growth of 53.82%, and a net profit attributable to shareholders of $12.14 million, reflecting an 85.25% increase year-on-year [1] - Global Mofy AI Limited is a provider of generative AI-driven technology solutions for the digital content industry, utilizing its proprietary "Mofy Lab" technology platform, which combines interactive 3D and AI technologies to create high-definition virtual versions of physical world objects [1] Group 2 - The digital assets produced by Global Mofy can be applied across various sectors, including film, television, AR/VR, animation, advertising, and gaming [1] - The company is recognized as one of China's leading digital asset banks, boasting over 100,000 high-precision 3D digital assets [1]

Core Viewpoint - Global Mofy AI Limited reported a strong revenue growth of 34.2% for the first half of 2025, driven by its virtual technology services and digital asset development, reflecting the increasing market demand for AI-driven solutions [1][5]. Financial Performance - Revenue for the six months ended March 31, 2025, reached $26.7 million, up from $19.9 million in the same period last year, marking a 34.2% increase [4][5]. - Research and development (R&D) investments surged to $5.8 million, a significant rise from $0.8 million in the previous year, indicating a strong commitment to innovation [4][5]. - Net income was reported at $5.0 million, or $1.19 per share, down from $10.3 million, or $5.56 per share, in the same period last year [4][5]. Cost and Profitability - Cost of revenues increased by 84.3% to $14.9 million, primarily due to higher amortization costs of digital assets [5]. - Gross profit slightly decreased by 0.1% to $11.8 million, with a gross margin for virtual technology services improving to 36.9% from 28.5% in the previous year [5]. - Operating expenses rose to $10.1 million from $5.1 million, largely driven by increased R&D expenses [5]. Strategic Initiatives - The establishment of the Gauss AI Lab aims to enhance R&D efforts and position the company as a leader in generative AI content creation [2][8]. - The launch of the "Mofy Clips" brand signifies the company's entry into the short drama market, co-producing content with China Literature [8]. - A strategic investment in Ethiopian digital freight platform Wetruck AI marks the company's first direct market entry into Africa, supporting its global AI strategy [8]. Operational Highlights - Total current assets as of March 31, 2025, were $14.0 million, including $6.0 million in cash and short-term investments, indicating a solid liquidity position [4][9]. - The company maintains a strong operational model despite increased costs, with expectations for long-term growth from its investments in innovation and technology [5][6].

本文源自：金融界 作者：行情君 8月14日，环球墨非(GMM)盘中上涨4.79%，截至21:52，报2.421美元/股，成交1157.0美元，总市值 7073.22万美元。 财务数据显示，截至2024年09月30日，环球墨非收入总额4136.1万美元，同比增长53.82%；归母净利润 1213.74万美元，同比增长85.25%。 资料显示，环球墨非AI有限公司是一家为数字内容产业提供虚拟内容生产和数字资产开发的生成式AI 驱动技术解决方案提供商。利用其专有的"Mofy Lab"技术平台,该平台由交互式3D和人工智能("AI")技术 组成,该公司在3D中创建了各种物理世界物体的高清虚拟版本,从角色,物体到场景等等。数字资产可用于 不同的应用,包括电影、电视剧、AR/VR、动画、广告、游戏等。环球墨非是中国领先的数字资产银行 之一,拥有超过10万份高精度3D数字资产。 ...

Core Insights - Global Mofy Media (GMM) experienced a stock price increase of 7.42%, reaching $2.46 per share, with a total market capitalization of $71.88 million as of August 14 [1] - For the fiscal year ending September 30, 2024, GMM reported total revenue of $41.36 million, representing a year-over-year growth of 53.82%, and a net profit attributable to shareholders of $12.14 million, reflecting an 85.25% increase compared to the previous year [1] Company Overview - Global Mofy Media AI Ltd. is a provider of generative AI-driven technology solutions for the digital content industry, specializing in virtual content production and digital asset development [1] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies to create high-definition virtual versions of various physical world objects, including characters, objects, and scenes [1] - GMM is recognized as one of China's leading digital asset banks, boasting over 100,000 high-precision 3D digital assets that can be applied across various sectors such as film, television, AR/VR, animation, advertising, and gaming [1]

Core Insights - Global Mofy (GMM) experienced a stock price increase of 3.93%, reaching $2.38 per share, with a total market capitalization of $69.54 million as of August 14 [1] - For the fiscal year ending September 30, 2024, GMM reported total revenue of $41.36 million, reflecting a year-over-year growth of 53.82%, and a net profit attributable to shareholders of $12.14 million, which is an 85.25% increase compared to the previous year [1] Company Overview - Global Mofy AI Limited is a provider of generative AI-driven technology solutions for the digital content industry, specializing in virtual content production and digital asset development [1] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies to create high-definition virtual versions of various physical world objects, including characters, objects, and scenes [1] - GMM is recognized as one of China's leading digital asset banks, boasting over 100,000 high-precision 3D digital assets that can be applied across various sectors such as film, television, AR/VR, animation, advertising, and gaming [1]

Group 1 - The core viewpoint of the article highlights the significant financial growth of Global Mofy (GMM), with a notable increase in both revenue and net profit for the fiscal year ending September 30, 2024 [1] - GMM's total revenue reached $41.36 million, representing a year-on-year growth of 53.82% [1] - The company's net profit attributable to shareholders was $12.14 million, showing an impressive year-on-year increase of 85.25% [1] Group 2 - Global Mofy AI Limited is identified as a leading provider of generative AI-driven technology solutions for the digital content industry, specializing in virtual content production and digital asset development [1] - The proprietary "Mofy Lab" technology platform combines interactive 3D and AI technologies to create high-definition virtual versions of various physical world objects, including characters, objects, and scenes [1] - The digital assets produced by GMM are applicable across multiple sectors, including film, television, AR/VR, animation, advertising, and gaming, with the company holding over 100,000 high-precision 3D digital assets [1]

8月6日，环球墨非(GMM)盘中上涨4.53%，截至22:01，报2.655美元/股，成交1.03万美元，总市值 7758.13万美元。 财务数据显示，截至2024年09月30日，环球墨非收入总额4136.1万美元，同比增长53.82%；归母净利润 1213.74万美元，同比增长85.25%。 资料显示，环球墨非AI有限公司是一家为数字内容产业提供虚拟内容生产和数字资产开发的生成式AI 驱动技术解决方案提供商。利用其专有的"Mofy Lab"技术平台,该平台由交互式3D和人工智能("AI")技术 组成,该公司在3D中创建了各种物理世界物体的高清虚拟版本,从角色,物体到场景等等。数字资产可用于 不同的应用,包括电影、电视剧、AR/VR、动画、广告、游戏等。环球墨非是中国领先的数字资产银行 之一,拥有超过10万份高精度3D数字资产。 本文源自金融界 ...

Core Insights - Global Mofy (GMM) experienced a stock price increase of 3.67% on August 5, reaching $2.685 per share, with a total market capitalization of $78.455 million [1] - For the fiscal year ending September 30, 2024, GMM reported total revenue of $41.361 million, reflecting a year-over-year growth of 53.82%, and a net profit attributable to shareholders of $12.137 million, which is an 85.25% increase compared to the previous year [1] Company Overview - Global Mofy AI Limited is a provider of generative AI-driven technology solutions for the digital content industry, specializing in virtual content production and digital asset development [1] - The company utilizes its proprietary "Mofy Lab" technology platform, which integrates interactive 3D and AI technologies to create high-definition virtual versions of various physical world objects, including characters, objects, and scenes [1] - GMM is recognized as one of China's leading digital asset banks, boasting over 100,000 high-precision 3D digital assets that can be applied across various sectors such as film, television, AR/VR, animation, advertising, and gaming [1]

Group 1 - The core viewpoint of the article highlights the significant financial growth of Global Mofy Media (GMM), with a stock price increase of 3.49% and a market capitalization of approximately $78.93 million [1] - As of September 30, 2024, GMM reported total revenue of $41.36 million, representing a year-on-year growth of 53.82% [1] - The company's net profit attributable to shareholders reached $12.14 million, marking an impressive year-on-year increase of 85.25% [1] Group 2 - Global Mofy Media AI Limited specializes in providing generative AI-driven technology solutions for the digital content industry, focusing on virtual content production and digital asset development [1] - The proprietary "Mofy Lab" technology platform combines interactive 3D and AI technologies to create high-definition virtual versions of various physical world objects, including characters, objects, and scenes [1] - GMM is recognized as one of China's leading digital asset banks, boasting over 100,000 high-precision 3D digital assets applicable in various fields such as film, television, AR/VR, animation, advertising, and gaming [1]