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].

BEIJING, April 22, 2025 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the "Company" or "Global Mofy") (NASDAQ:GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced the successful closing of its previously announced private placement financing (the "Offering") on April 22, 2025. In connection with the closing of the Offering, the Company issued an aggregate of 2,0 ...

Core Viewpoint - Global Mofy AI Limited has launched Gauss AI Lab, an integrated AI ecosystem aimed at enhancing digital content production and automation through advanced technologies and research efforts [1][2][3] Company Overview - Global Mofy AI Limited is a generative AI-driven technology solutions provider focused on virtual content production and the development of 3D digital assets for various applications in the digital content industry [4] - The company utilizes its proprietary "Mofy Lab" technology platform to create high-definition virtual representations of physical objects, which can be applied in movies, TV series, AR/VR, animation, advertising, and gaming [4] Gauss AI Lab Development - Gauss AI Lab will be developed under Gauss Intelligence (Beijing) Technology Co., Ltd., a wholly owned subsidiary of Global Mofy, which previously collaborated with NVIDIA Omniverse to launch the Gausspeed generative AI platform [2] - The lab aims to integrate Gausspeed, specialized AI Agent technology, and generative AI tools into a scalable platform for content creation and automation, optimizing workflows and enhancing production efficiency [2][3] Key Components of Gauss AI Lab - Gauss AI Lab represents a culmination of years of research and collaboration, unifying AI tools into a cohesive framework that spans multiple industries and creative applications [3] - Key components include: - Gausspeed Generative AI Platform, which powers AI-driven film production and virtual content automation [6] - Industry-focused AI Agents for smart city visualization, gaming, and immersive experiences [6] - AI-powered image and video generation tools for real-time media production [6] - An end-to-end AI workflow integration system ensuring scalability and operational efficiency [6] Strategic Importance - The establishment of Gauss AI Lab is seen as a strategic milestone for the company, aiming to redefine how AI influences the digital content industry, smart city developments, gaming, and XR applications [3] - The company's engagement with industry partners at NVIDIA GTC 2025 highlighted the importance of AI integration at scale for future developments [3]