Tue, Apr 15, 5:58 PM (11 days ago)
**Summary of GLOBAL-SMART.TECH INC. (GSTI) Q3 2025 Financial Performance** **Company Overview:** GLOBAL-SMART.TECH INC. (GSTI) is a technology company focused on cloud rendering services, targeting 3D interior designers and visualizers. The company was incorporated in Wyoming on April 15, 2022. **Financial Health and Performance:** **Revenue:** - Q3 2025: $1,200,000 - Q3 2024: $0 - Nine months ended February 28, 2025: $1,200,000 - Nine months ended February 29, 2024: $0 **Profit Margins:** - Q3 2025: Negative margin due to operating expenses of $22,116,000. - Q3 2024: Negative margin due to operating expenses of $28,549,000. - Nine months ended February 28, 2025: Negative margin with a net loss of $106,323,000. - Nine months ended February 29, 2024: Negative margin with a net loss of $63,091,000. **Cash Flow:** - Q3 2025: Net cash used in operating activities was $24,912,000. - Q3 2024: Net cash used in operating activities was $7,000,000. - Financing activities included advances from related parties totaling $26,112,000 in Q3 2025 and $7,000,000 in Q3 2024. **Earnings Changes:** - Q3 2025: Net loss of $20,916,000. - Q3 2024: Net loss of $28,549,000. - Nine months ended February 28, 2025: Net loss of $106,323,000. - Nine months ended February 29, 2024: Net loss of $63,091,000. **Quarterly Performance Discussion:** - GSTI reported its first revenue of $1,200,000 in Q3 2025, indicating initial traction in its cloud rendering services. - Operating expenses remain high, primarily due to professional fees and depreciation. - The company continues to rely on related party loans for financing, with a total of $430,003,000 owed as of February 28, 2025. **Trends and Uncertainties:** - GSTI is in the early stages of its business model, focusing on expanding cloud rendering services. - The company faces substantial doubt about its ability to continue as a going concern due to recurring losses and the need for additional financing. - Future operations depend on generating revenue from cloud rendering services and securing additional funding. **Future Operations Impact:** - GSTI plans to continue investing in marketing and promotion to attract clients. - The company aims to increase revenue from the sale of rendering capacities as its cloud rendering platform scales. - Compliance with governmental regulations and potential increases in regulatory scrutiny are noted as future considerations. **Conclusion:** GLOBAL-SMART.TECH INC. is in the early stages of its business model, with initial revenue reported in Q3 2025. However, the company faces significant financial challenges, including high operating expenses and the need for additional financing. The future success of GSTI will depend on its ability to scale its cloud rendering services, attract clients, and secure necessary funding.