GLOBAVEND HOLDINGS LTD.

Globavend, through its subsidiary Loomi Entertainment, has signed a global distribution agreement with DramaBox for the AI-produced short drama "The Wolf King’s Forbidden Bride." DramaBox operates in more than 200 countries and reports over 90 million registered users; the title was produced using Loomi’s in-house Imaginary AI platform and is Loomi’s first English-language original on the platform. Globavend’s stock has risen 269% in the past six months and is trading at $4.76, with a market capitalization of $11.5 million and a P/E ratio of 32. The company plans to monetize via subscriptions, ad-supported viewing, licensing and distribution, and is continuing to expand its AI-powered entertainment portfolio. » Más en de.investing.com

For the six months ended March 31, 2026, Globavend reports revenue of $14.8 million (+8%) driven by higher parcel and freight volumes. Cost of sales rose by 12.2%, gross profit fell to $1.0 million, and the company recorded an operating loss of $369,978 and a net loss for the year of $30,887. Globavend holds about $7.1 million in cash and cash equivalents, has a current ratio of 8.46, and — the company says — strategic initiatives completed after the reporting date, such as the acquisition of a majority stake in Loomi Entertainment, are not reflected in these figures. » Más en de.investing.com

Globavend said through its entertainment division Loomi that it has made a strategic equity investment in the MAMAMOO 2026 WORLD TOUR concert on October 4 at the Kai Tak Arena and will act as an official co‑promoter. The company will receive a proportional economic return from the event; FWD Versicherungen is the title sponsor. Globavend emphasizes the expansion of an AI‑powered, integrated entertainment ecosystem; the stock (GVH) is at $4.18 after a 215% gain in six months, market capitalization $8.85 million, revenue growth 42% and gross margin 10%. » Más en de.investing.com