Revenue increased to $23.6 million, a 42.5% growth year-over-yearAverage daily number of packages increased by 69.4%Average daily revenue per freight weight increased by 12.7% PERTH, Australia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (“Globavend” or the “Company”) (NASDAQ: GVH), an emerging e-commerce logistics provider, today announced financial results for the year ended September 30, 2025. “Globavend delivered a strong finish to 2025 with $23.6 million in revenue, representing robust ...

Revenue Growth - Revenue increased by $7,023,778, or 42.5%, from $16,540,179 for the year ended September 30, 2024 to $23,563,957 for the year ended September 30, 2025[527] - Revenue from integrated cross-border logistics services rose by $6,627,434, or 43.8%, from $15,116,783 to $21,744,217, driven by higher market demand[528] - Average daily number of packages increased from 6,135 to 10,394, and average daily revenue per freight weight rose from $21.32 to $24.03[529] Cost of Revenue - Cost of revenue increased by $7,068,083, or 50.1%, from $14,120,777 to $21,188,860, primarily due to increased air freight and courier expenses[530] - Air freight charges rose by $836,990, or 23.8%, from $3,520,270 to $4,357,260, due to higher capacity utilization[531] - Last mile carriage and alliance costs surged by $6,161,093, or 59.2%, from $10,399,786 to $16,560,879, attributed to increased volume and unit price[532] Gross Profit and Income - Gross profit decreased by 1.8% to $2,375,097 for the year ended September 30, 2025, with a gross profit margin decline to 10.1% from 14.6%[535] - Net income decreased by $656,026, or 49.0%, to $682,982 for the year ended September 30, 2025, compared to $1,339,008 for 2024, primarily due to decreased gross profit and increased expenses[551] - Net income increased by 24.3% to $1,339,008 for the year ended September 30, 2024, compared to $1,077,392 for the year ended September 30, 2023, primarily due to increased gross profit[577] Expenses - General and administrative expenses increased by $337,745, or 31.3%, from $1,079,349 for the year ended September 30, 2024 to $1,417,094 for the year ended September 30, 2025[536] - Staff costs rose by $85,316, or 24.3%, from $351,155 in 2024 to $436,471 in 2025, reflecting the strengthening of administrative and management teams[537] - Legal and professional fees increased by $140,398, or 73.3%, from $191,428 in 2024 to $331,826 in 2025, due to heightened legal consulting requirements[538] - Depreciation and amortization charges increased by $39,652, or 61.3%, from $64,688 in 2024 to $104,340 in 2025, attributed to extended rental arrangements[539] - Insurance expenses rose from $13,624 in 2024 to $96,013 in 2025, an increase of $82,389, reflecting expanded corporate insurance coverage[540] Foreign Exchange and Risks - Foreign exchange gains were $118,508 and $156,937 for the years ended September 30, 2023 and 2024, respectively, while a loss of $138,223 was recorded for 2025[520] - The company does not use currency exchange contracts to mitigate foreign currency risks but monitors exposure closely[520] - Approximately 70.7% of the cost of revenue for the year ended September 30, 2025 was denominated in foreign currencies, reflecting an increase from 62.0% in 2024[850] - Foreign exchange gains were $156,937 for the year ended September 30, 2024, while a loss of $138,223 was recorded for the year ended September 30, 2025[850] Current Assets and Liabilities - Cash and cash equivalents increased by $5,208,926 from $2,296,462 as of September 30, 2024, to $7,505,388 as of September 30, 2025, mainly due to net proceeds from the June 2025 Offering[580] - Accounts receivable, net decreased by $680,441, or 40.4%, from $1,684,644 as of September 30, 2024, to $1,004,203 as of September 30, 2025, attributed to a decrease in revenue near year-end[581] - Contract assets decreased by $344,191, or 38.4%, from $897,409 as of September 30, 2024, to $553,218 as of September 30, 2025, due to fewer in-transit deliveries[589] - Other payables and accrued liabilities increased by $156,675, or 66.6%, from $235,193 as of September 30, 2024, to $391,868 as of September 30, 2025, mainly due to increased accrued insurance expenses[594] Working Capital - Working capital as of September 30, 2024 was $2,670,291, a significant increase from $128,745 as of September 30, 2023, reflecting a 1,974.5% growth[625] - As of September 30, 2025, working capital further increased to $8,782,964, up from $2,670,291 in 2024, marking a 228.5% increase[626] Cash Flow - Net cash provided by operating activities was $326,089 for the year ended September 30, 2024, a decrease of approximately $1.7 million from $2,021,831 in 2023[615] - The company anticipates that its cash and cash equivalents will be sufficient to meet its anticipated cash needs for at least the next twelve months[619]

Group 1 - The core announcement is that Univest Securities has completed a $1.4 million registered direct offering for Globavend Holdings Limited, selling a total of 889,359 shares at an effective purchase price of $1.60 per share [1][2] - The offering was conducted under a registration statement filed with the SEC, specifically Form F-3, which has been declared effective [2] - Univest Securities acted as the exclusive placement agent for this offering, highlighting its role in facilitating capital raising for clients [2][3] Group 2 - Globavend Holdings Limited is an emerging e-commerce logistics service provider, offering end-to-end logistics solutions primarily in Hong Kong, Australia, and New Zealand [4] - The company serves business clients, including e-commerce merchants and platform operators, facilitating B2C transactions [4] - Globavend provides comprehensive logistics solutions, including pre-shipment parcel delivery, parcel consolidation, air freight forwarding, customs clearance, and final delivery [4]

Group 1 - Univest Securities, LLC announced the closing of a registered direct offering of $1.4 million for Globavend Holdings Limited, an emerging e-commerce logistics provider [1] - The offering involved the sale of 889,359 ordinary shares at an effective purchase price of $1.60 per share, resulting in gross proceeds of approximately $1.4 million [2] - The offering was conducted under a registration statement on Form F-3, which was previously filed and declared effective by the U.S. Securities and Exchange Commission [3] Group 2 - Globavend Holdings Limited provides end-to-end logistics solutions primarily for enterprise customers in Hong Kong, Australia, and New Zealand, facilitating B2C transactions [6] - The company offers integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, and final delivery [6]

Core Viewpoint - Globavend Holdings Limited has announced a public offering expected to generate approximately $1.4 million in gross proceeds, aimed at enhancing its working capital and general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of 889,359 ordinary shares or pre-funded warrants, with an effective purchase price of $1.60 per share [2]. - The offering is anticipated to close on January 2, 2026, with Univest Securities, LLC serving as the sole placement agent [2]. Group 2: Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider, offering end-to-end logistics solutions primarily in Hong Kong, Australia, and New Zealand [4]. - The company serves enterprise customers, including e-commerce merchants and platforms, facilitating business-to-consumer (B2C) transactions [4]. - Globavend provides integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, transportation, and final delivery [4].

Core Viewpoint - Globavend Holdings Limited reported a significant revenue increase of 63.7% for the first half of 2025, indicating accelerated business growth [1]. Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand, primarily serving enterprise customers [2]. Financial Performance - For the six months ended March 31, 2025, Globavend's revenue reached approximately $13.72 million, up from about $8.38 million in the same period of 2024, reflecting a growth of 63.7% [8]. - The cost of revenue increased from approximately $6.73 million to about $12.28 million, leading to a gross profit decrease from around $1.66 million to approximately $1.45 million [8]. - Net income attributable to Globavend Holdings Limited decreased from approximately $898,795 in 2024 to about $450,256 in 2025 [8]. - Earnings per share dropped from $12.57 to $6.01 during the same period [8]. Balance Sheet Highlights - As of March 31, 2025, total assets were approximately $6.35 million, down from about $7.96 million as of September 30, 2024 [5]. - Current liabilities decreased significantly from approximately $2.79 million to about $696,990 [5]. - Total shareholders' equity increased from approximately $5.17 million to about $5.66 million [5].

Core Viewpoint - Globavend Holdings Limited has successfully exercised all outstanding Series B Warrants, contributing $15 million in gross proceeds to strengthen its balance sheet and improve trading liquidity [1][2]. Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand [3]. - The company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions [3]. - Globavend provides integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, transportation, and final delivery [3]. Financial Impact - The exercise of Series B Warrants simplifies the company's capital structure and enhances its public float [2]. - The $15 million raised from the public offering is expected to strengthen the company's balance sheet [2].

Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions in Hong Kong, Australia, and New Zealand, primarily serving enterprise customers including e-commerce merchants and platform operators [6]. Reverse Stock Split Announcement - The company announced a 1-for-200 reverse stock split of its ordinary shares, which will take effect on July 21, 2025, with shares trading on a post-split basis [1][3]. - The reverse stock split will reduce the number of outstanding shares from approximately 253 million to about 1.27 million [3]. Shareholder Approval - A majority of shareholders approved the reverse stock split at an extraordinary general meeting held on April 28, 2025, with the Board of Directors subsequently endorsing the 1-for-200 ratio [2]. Impact on Shares - The reverse stock split will not alter any rights or preferences of the company's shares, and fractional shares will be rounded up to the nearest whole number [4]. - The par value of the ordinary shares will increase from $0.001 to $0.20 as a result of the split [4]. Transition Process - VStock Transfer, LLC will act as the exchange agent for the reverse stock split, and shareholders will receive information regarding the transition [5]. - Shareholders holding shares in book-entry form or through brokers will have their positions adjusted automatically without needing to take any action [5].

Core Viewpoint - Globavend Holdings Limited has received a "Buy" rating from Litchfield Hills Research with a price target of $0.40, indicating potential for significant growth in a fragmented e-commerce logistics market [1][2][3]. Company Overview - Globavend Holdings Limited is an emerging e-commerce logistics provider offering end-to-end logistics solutions primarily in Hong Kong, Australia, and New Zealand [5]. - The company serves enterprise customers, including e-commerce merchants and platforms, facilitating business-to-consumer (B2C) transactions [5]. - Globavend provides integrated cross-border logistics services, including parcel drop-off, consolidation, air-freight forwarding, customs clearance, transportation, and final delivery [5]. Market Position - As of July 10, 2025, Globavend's shares closed at $0.0808, significantly below the target price set by Litchfield Hills [2]. - The company currently holds between 1% and 5% of the market share in its service territories, suggesting substantial growth opportunities [2][3]. Analyst Coverage - Litchfield Hills Research's report is compliant with FINRA research rules and is accessible on multiple financial platforms [4]. - The report has been developed independently without input from Globavend's management, ensuring an unbiased analysis [3].

Industry Overview - The Australian cosmetics and personal care market is estimated to be approximately $8.7 billion in 2024 and is projected to reach $14 billion by 2033, with a compound annual growth rate (CAGR) of 5.47% [3] - Online retail sales in Australia have significantly outpaced the broader market, with a 12% increase in 2024, and health and beauty products specifically rising by 13.4% [3] Company Partnership - Globavend Holdings Limited has formed a strategic partnership with Strawberry Cosmetics (Services) Limited to provide a wide range of premium beauty products to the Australian market [2][4] - This partnership aims to enhance access to high-quality beauty brands for Australian consumers while expanding Globavend's presence in the e-commerce logistics sector [4][5] Logistics and Services - Globavend will leverage its logistics infrastructure across Hong Kong, Australia, and New Zealand to streamline cross-border fulfillment for Strawberrynet, improving shipping times and customer experience [6] - The company will offer comprehensive logistics services, including secured airfreight capacity, returns management, live customer support, and end-to-end parcel tracking [6] Market Demand - The partnership is timely as the Australian beauty sector is experiencing increased demand for international brands, facilitating a seamless online shopping experience for consumers [8] - This collaboration positions Globavend as a leader in end-to-end logistics solutions, paving the way for further partnerships and market expansion [8]