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Globavend Holdings Limited Ordinary Shares
Globavend Presents First Half 2025 Financial Results
Business
Sep 9 2025
4 min read

Globavend Presents First Half 2025 Financial Results

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63.7% Revenue Increase

PERTH, Australia, Sept. 09, 2025 (GLOBE NEWSWIRE) -- Globavend Holdings Limited (“Globavend” or the “Company”) (NASDAQ: GVH), an emerging e-commerce logistics services provider, today announced its unaudited financial results for the six months ended March 31, 2025.

“We are thrilled to report a 63.7% increase in revenue for the first half 2025,” said Frank Yau, CEO at Globavend. “The continued increase in revenue marked an accelerated growth of our business”.

About Globavend Holdings Limited
Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.

Forward-Looking Statement
This press release may contain “forwardlooking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on the beliefs and assumptions and on information currently available to management of the Company. All statements other than statements of historical fact contained in this press release are forward-looking statements, including statements regarding the improvement of the liquidity of our ordinary shares, the positive change in our public float and the strengthening of our balance sheet. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties related to global economic or market conditions, changes in our operating plans or funding requirements, changes in customer demands, changes to our supplier relationships, changes in the availability of labor and other employment needs, changes in the price of necessary expenses required to operate our business and the risks and uncertainties set forth in the "Risk Factors" section of the Company’s Annual Report on Form 20-F for the year ended September 30, 2024, and subsequent reports that the Company files with the SEC. Forward-looking statements represent the Company’s beliefs and assumptions only as of the date of this press release. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, levels of activity, performance or achievements. Except as required by law, the Company assumes no obligation to publicly update any forwardlooking statements for any reason after the date of this press release to conform any of the forward-looking statements to actual results or to changes in its expectations.

For investor and media inquiries, please contact:
Globavend Holdings Limited
Wai Yiu Yau, Chairman and CEO
[email protected] (61) 8 6141 3263


GLOBAVEND HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
AS OF SEPTEMBER 30, 2024 AND MARCH 31, 2025
(US$, except share data, or otherwise note)

 

 

September 30,
2024

 

 

March 31,
2025

 

 

US$

 

 

US$

 

 

 

 

 

(unaudited)

 

ASSETS

 

 

 

 

 

CURRENT ASSETS

 

 

 

 

 

Cash and cash equivalents

$

2,296,462

 

 

$

915,151

 

Accounts receivable, net

 

1,684,644

 

 

 

1,151,308

 

Interest receivable from a director

 

-

 

 

 

10,659

 

Deposits and prepayment

 

203,178

 

 

 

13,699

 

Deposits – related party

 

-

 

 

 

897,436

 

Deferred costs

 

374,286

 

 

 

1,684,316

 

Contract assets

 

897,409

 

 

 

697,232

 

Taxes recoverable

 

-

 

 

 

95,694

 

Total current assets

$

5,455,979

 

 

$

5,465,495

 

 

 

 

 

 

 

 

 

NON-CURRENT ASSETS

 

 

 

 

 

 

 

Property, plant, equipment, net

$

123,101

 

 

$

87,932

 

Right-of-use assets, operating lease

 

32,711

 

 

 

16,646

 

Deposits and prepayment

 

1,743,423

 

 

 

783,487

 

Deposits – related party

 

600,000

 

 

 

-

 

Total non-current assets

$

2,499,235

 

 

$

888,065

 

TOTAL ASSETS

$

7,955,214

 

 

$

6,353,560

 

 

 

 

 

 

 

 

 

LIABILITIES AND EQUITY

 

 

 

 

 

 

 

Current Liabilities

 

 

 

 

 

 

 

Accounts payable

$

649,183

 

 

$

520,942

 

Accounts payable – related party

 

1,627,269

 

 

 

-

 

Amount due to a director

 

8,586

 

 

 

-

 

Other payables and accrued liabilities

 

235,193

 

 

 

155,248

 

Taxes payables

 

224,438

 

 

 

-

 

Operating lease liabilities - current

$

41,019

 

 

 

20,800

 

Total current liabilities

$

2,785,688

 

 

$

696,990

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES

$

2,785,688

 

 

$

696,990

 

 

 

 

 

 

 

 

 

Commitments

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

EQUITY

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ordinary shares, $0.001 par value, 2,000,000,000 shares authorized, 74,656 and 74,895 shares issued and outstanding as of September 30, 2024 and March 31, 2025, respectively*

 

14,931

 

 

 

14,979

 

Subscription receivable

 

(13,125

)

 

 

(13,125

)

Additional paid-in capital

 

3,454,741

 

 

 

3,491,481

 

Retained earnings

 

1,712,979

 

 

 

2,163,235

 

Total shareholders’ equity

$

5,169,526

 

 

$

5,656,570

 

 

 

 

 

 

 

 

 

TOTAL LIABILITIES AND EQUITY

$

7,955,214

 

 

$

6,353,560

 

 

*  Retrospectively applied for effect of reverse stock split on July 21, 2025



GLOBAVEND HOLDINGS LIMITED
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
FOR THE SIX MONTHS ENDED MARCH 31, 2024 AND 2025
(US$, except share data, or otherwise note)

 

 

For the six months ended
March 31,

 

 

2024

 

 

2025

 

 

US$
(unaudited)

 

 

US$
(unaudited)

 

Revenue – third parties

$

8,384,790

 

 

$

13,723,478

 

Revenue

 

8,384,790

 

 

 

13,723,478

 

 

 

 

 

 

 

 

 

Cost of revenue - third parties

 

4,007,266

 

 

 

4,550,026

 

Cost of revenue – related party

 

2,719,028

 

 

 

7,725,902

 

Cost of revenue

 

6,726,294

 

 

 

12,275,928

 

 

 

 

 

 

 

 

 

Gross Profit

 

1,658,496

 

 

 

1,447,550

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

General and administrative expenses

 

505,105

 

 

 

658,292

 

Total operating expenses

$

505,105

 

 

$

658,292

 

 

 

 

 

 

 

 

 

Income from operations

$

1,153,391

 

 

$

789,258

 

 

 

 

 

 

 

 

 

Other expense, net:

 

 

 

 

 

 

 

Interest income

 

29,323

 

 

 

11,299

 

Interest expense

 

(1,612

)

 

 

(550

)

Other expense

 

(142,178

)

 

 

(239,574

)

Total other expense, net

 

(114,467

)

 

 

(228,825

)

 

 

 

 

 

 

 

 

Income before income taxes

$

1,038,924

 

 

$

560,433

 

Income taxes provision

 

140,129

 

 

 

110,177

 

Net income attributable to Globavend Holdings Limited

$

898,795

 

 

$

450,256

 

 

 

 

 

 

 

 

 

Comprehensive income

$

898,795

 

 

$

450,256

 

 

 

 

 

 

 

 

 

Earnings per share - Basic and diluted

$

12.57

 

 

$

6.01

 

 

 

 

 

 

 

 

 

Weighted Average Basic and Diluted Number of Ordinary Shares Outstanding*

 

71,486

 

 

 

74,895

 

 

*  Retrospectively applied for effect of reverse stock split on July 21, 2025