Income Statement Global Interactive Technologies, Inc.

Stocks

GITS

US4112922046

Software

Market Closed - Nasdaq Other stock markets 16:00:00 2026-07-24 EDT			5-day change	1st Jan Change
2.020 ^USD	-7.76%		-4.27%	+185.51%

06-28	Global Interactive Technologies, Inc. announced that it has received $1.998907 million in funding	CI
06-25	Global Interactive Technologies Prices $2 Million Private Placement	MT

7233f21d339.ik0WDly5FHol6Igf1SoVI2f94mXnQQ8tiaLjjbuRyh4.zxtxO27PQgh_m9Fr7V5TcV_OhRStMVtJxpShoInfgmr5f0dBE_QiSES55w

Published financial data: GLOBAL INTERACTIVE TECHNOLOGIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	480K	889K	794K	-	1.93K
Total Revenues	480K	889K	794K	-	1.93K
Cost of Goods Sold, Total	559K	456K	68.59K	-	-
Gross Profit	-79.2K	433K	726K	-	1.93K
Selling General & Admin Expenses, Total	7.92M	7.04M	10.94M	888K	2.44M
R&D Expenses	-	-	310K	-	-
Other Operating Expenses, Total	7.92M	7.04M	11.25M	888K	2.44M
Operating Income	-8M	-6.6M	-10.53M	-888K	-2.44M
Interest Expense, Total	-266K	-8.9K	-	-1.18K	-7.02K
Interest And Investment Income	-	-	61.2K	-	-
Net Interest Expenses	-266K	-8.9K	61.2K	-1.18K	-7.02K
Currency Exchange Gains (Loss)	-2.68K	606	130K	3.62K	1.92K
Other Non Operating Income (Expenses)	68.17K	-297	-1.25M	-16.18M	-1.14K
EBT, Excl. Unusual Items	-8.2M	-6.61M	-11.58M	-17.07M	-2.45M
Impairment of Goodwill	-12.29M	-	-	-	-
Gain (Loss) On Sale Of Investments	-4.88K	-6.79K	-	-	-
Gain (Loss) On Sale Of Assets	-	-	3.39M	12.38M	-
Asset Writedown	-158K	-	-	-94.26K	-1.02M
Other Unusual Items	7.89M	232K	-	-	-1.17M
EBT, Incl. Unusual Items	-12.76M	-6.39M	-8.19M	-4.78M	-4.63M
Earnings From Continuing Operations	-12.76M	-6.39M	-8.19M	-4.78M	-4.63M
Earnings Of Discontinued Operations	-	-	-1.22M	-1.39M	-
Net Income to Company	-12.76M	-6.39M	-9.41M	-6.17M	-4.63M
Minority Interest	108K	146K	122K	-	-
Net Income - (IS)	-12.66M	-6.24M	-9.29M	-6.17M	-4.63M
Net Income to Common Incl Extra Items	-12.66M	-6.24M	-9.29M	-6.17M	-4.63M
Net Income to Common Excl. Extra Items	-12.66M	-6.24M	-8.07M	-4.78M	-4.63M
Per Share Items
Net EPS - Basic	-26.35	-2.91	-3.05	-2.34	-1.44
Basic EPS - Continuing Operations	-26.35	-2.91	-2.65	-1.81	-1.44
Basic Weighted Average Shares Outstanding	480K	2.15M	3.05M	2.64M	3.22M
Net EPS - Diluted	-26.35	-2.91	-3.05	-2.34	-1.44
Diluted EPS - Continuing Operations	-26.35	-2.91	-2.65	-1.81	-1.44
Diluted Weighted Average Shares Outstanding	480K	2.15M	3.05M	2.64M	3.22M
Normalized Basic EPS	-10.45	-1.86	-2.34	-4.04	-0.47
Normalized Diluted EPS	-10.45	-1.86	-2.34	-4.04	-0.47
Supplemental Items
EBITDA	-7.89M	-6.39M	-10.19M	-882K	-2.44M
EBITA	-8M	-6.6M	-10.53M	-888K	-2.44M
EBIT	-8M	-6.6M	-10.53M	-888K	-2.44M
EBITDAR	-7.74M	-6.13M	-9.9M	-	-
Normalized Net Income	-5.02M	-3.99M	-7.12M	-10.67M	-1.53M
Supplemental Operating Expense Items
Marketing Expenses	543K	329K	1.29M	-	-
Selling and Marketing Expenses	543K	329K	1.29M	-	-
General and Administrative Expenses	7.38M	6.45M	9.36M	-	-
Research And Development Expense From Footnotes	-	161K	310K	-	-
Net Rental Expense, Total	145K	255K	287K	-	-
Imputed Operating Lease Interest Expense	33.48K	4.1K	-	-	-
Imputed Operating Lease Depreciation	112K	251K	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	330K	119K	5.43M	2.35K	6.99K
Total Cash And Short Term Investments	330K	119K	5.43M	2.35K	6.99K
Accounts Receivable, Total	330K	128	324K	-	46
Other Receivables	313K	1.86M	172K	297	8.52K
Notes Receivable	132K	632K	3.79M	338	-
Total Receivables	775K	2.49M	4.29M	635	8.57K
Prepaid Expenses	362K	362K	7.9M	-	3.48K
Other Current Assets, Total	-	-	-	-	23.23K
Total Current Assets	1.47M	2.97M	17.62M	2.99K	42.28K
Gross Property Plant And Equipment	3.48M	3.01M	3.2M	1.46M	1.27M
Accumulated Depreciation	-202K	-408K	-653K	-2.91K	-4.21K
Net Property Plant And Equipment	3.28M	2.6M	2.55M	1.46M	1.27M
Long-term Investments	1.7M	-	-	-	-
Other Intangibles, Total	-	-	-	4.94M	3.03M
Loans Receivable Long-Term	1.26M	-	-	-	-
Deferred Charges Long-Term	-	-	-	-	38.72K
Other Long-Term Assets, Total	583K	502K	380K	-	-
Total Assets	8.28M	6.08M	20.54M	6.4M	4.38M
Liabilities
Accounts Payable, Total	404K	371K	-	-	-
Accrued Expenses, Total	784K	2.45M	2.4M	298K	811K
Short-term Borrowings	481K	1.05M	1.59M	370K	122K
Current Portion of Long-Term Debt	-	-	3.49M	-	-
Unearned Revenue Current, Total	253K	-	-	-	-
Total Current Liabilities	1.92M	3.87M	7.48M	668K	933K
Long-Term Debt	3.8M	3.55M	-	-	-
Total Liabilities	5.72M	7.42M	7.48M	668K	933K
Common Stock, Total	17.8M	45.42K	52.81K	52.81K	3.67K
Additional Paid In Capital	7.58M	27.56M	51.42M	44.25M	46.48M
Retained Earnings	-23.37M	-29.61M	-38.89M	-37.9M	-42.53M
Comprehensive Income and Other	646K	910K	494K	-666K	-512K
Total Common Equity	2.66M	-1.1M	13.07M	5.74M	3.44M
Minority Interest	-97.98K	-244K	-	-	-
Total Equity	2.56M	-1.34M	13.07M	5.74M	3.44M
Total Liabilities And Equity	8.28M	6.08M	20.54M	6.4M	4.38M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.27M	2.36M	2.64M	2.64M	3.67M
ECS Total Common Shares Outstanding	2.09M	2.27M	2.64M	2.64M	3.67M
Book Value / Share	1.27	-0.48	4.95	2.17	0.94
Tangible Book Value	2.66M	-1.1M	13.07M	796K	414K
Tangible Book Value Per Share	1.27	-0.48	4.95	0.3	0.11
Total Debt	4.28M	4.6M	5.08M	370K	122K
Net Debt	3.95M	4.48M	-348K	368K	115K
Debt Equivalent Oper. Leases	1.16M	2.04M	2.3M	-	-
Minority Interest, Total (Incl. Fin. Div)	-97.98K	-244K	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Machinery, Total	835K	797K	1.28M	5.57K	5.7K
Full Time Employees	64	74	52	12	12

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-12.66M	-6.24M	-9.29M	-6.17M	-4.63M
Depreciation & Amortization - CF	117K	215K	625K	6.35K	1.24K
Depreciation & Amortization, Total	117K	215K	625K	6.35K	1.24K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	1.02M
(Gain) Loss From Sale Of Asset	-	-	-3.39M	-12.38M	-
(Gain) Loss on Sale of Investments - (CF)	4.88K	6.79K	-	-	-
Asset Writedown & Restructuring Costs	12.45M	-	-	94.26K	1.02M
Provision for Credit Losses	-	-	-	16.18M	349
Provision and Write-off of Bad Debts	-	-	1.19M	-	-
Net Cash From Discontinued Operations	-	-	-976K	-1.22M	-
Other Operating Activities, Total	-7.3M	-123K	1.09M	1.39M	1.4M
Change In Accounts Receivable	-259K	383K	-193	-	-46
Change In Accounts Payable	969K	-6.9K	-	-	-
Change in Unearned Revenues	184K	-	-	-	-
Change in Other Net Operating Assets	-1.33M	1.67M	-4.95M	423K	439K
Cash from Operations	-7.81M	-4.1M	-15.69M	-1.68M	-751K
Capital Expenditure	-585K	-15.21K	-714K	-	-
Sale of Property, Plant, and Equipment	-	-	-	84.1K	-
Cash Acquisitions	5.84K	-	-	-	-
Investment in Marketable and Equity Securities, Total	-17.28K	697K	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-432K	639K	-3.22M	70.05K	-
Other Investing Activities, Total	17.94K	-	-58.15K	-5.24M	-
Cash from Investing	-1.01M	1.32M	-4M	-5.08M	-
Short Term Debt Issued, Total	2.15M	1.56M	3.07M	374K	579K
Long-Term Debt Issued, Total	7.2M	-	-	-	-
Total Debt Issued	9.35M	1.56M	3.07M	374K	579K
Short Term Debt Repaid, Total	-2.4M	-989K	-1.61M	-6.28K	-
Long-Term Debt Repaid, Total	-1.73M	-	-	-	-
Total Debt Repaid	-4.12M	-989K	-1.61M	-6.28K	-
Issuance of Common Stock	3.8M	1.93M	24.49M	-	178K
Other Financing Activities, Total	-	-	-1.1M	311K	-
Cash from Financing	9.02M	2.5M	24.85M	680K	757K
Foreign Exchange Rate Adjustments	107K	63.7K	152K	656K	-1.51K
Net Change in Cash	305K	-211K	5.31M	-5.42M	4.64K
Supplemental Items
Levered Free Cash Flow	-3.81M	-4.27M	-16.36M	12.62M	-28.05K
Unlevered Free Cash Flow	-3.65M	-4.27M	-16.36M	12.62M	-23.67K
Change In Net Working Capital	-1.82M	339K	9.69M	-13.17M	-478K
Net Debt Issued / Repaid	5.22M	566K	1.46M	368K	579K

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-74.88	-57.48	-49.43	-4.12	-28.28
Return on Total Capital	-84.61	-81.75	-61.66	-5.79	-31.52
Return On Equity %	382.94	-1.04K	-139.7	-50.88	-100.95
Return on Common Equity	385.36	-797.51	-134.91	-50.88	-100.95
Margin Analysis
Gross Profit Margin %	-16.49	48.73	91.36	-	100
SG&A Margin	1.65K	791.48	1.38K	-	126K
EBITDA Margin %	-1.64K	-718.55	-1.28K	-	-126K
EBITA Margin %	-1.67K	-742.74	-1.33K	-	-126K
EBIT Margin %	-1.67K	-742.74	-1.33K	-	-126K
Income From Continuing Operations Margin %	-2.66K	-718.36	-1.03K	-	-240K
Net Income Margin %	-2.64K	-701.9	-1.17K	-	-240K
Net Avail. For Common Margin %	-2.64K	-701.9	-1.02K	-	-240K
Normalized Net Income Margin	-1.05K	-448.37	-896.19	-	-79.1K
Levered Free Cash Flow Margin	-793.73	-480.5	-2.06K	-	-1.45K
Unlevered Free Cash Flow Margin	-759.1	-479.87	-2.06K	-	-1.22K
Asset Turnover
Asset Turnover	0.07	0.12	0.06	-	0
Fixed Assets Turnover	0.29	0.3	0.32	-	0
Receivables Turnover (Average Receivables)	2.83	5.38	4.9	-	-
Short Term Liquidity
Current Ratio	0.76	0.77	2.36	0	0.05
Quick Ratio	0.51	0.51	0.79	0	0.02
Operating Cash Flow to Current Liabilities	-4.06	-1.06	-2.1	-2.51	-0.8
Days Sales Outstanding (Average Receivables)	129.03	67.84	74.56	-	-
Average Days Payable Outstanding	-	310.52	-	-	-
Long Term Solvency
Total Debt/Equity	166.85	-343	38.87	6.45	3.55
Total Debt / Total Capital	62.53	141.15	27.99	6.06	3.43
LT Debt/Equity	148.09	-264.89	-	-	-
Long-Term Debt / Total Capital	55.5	109.01	-	-	-
Total Liabilities / Total Assets	69.05	122.05	36.39	10.44	21.33
EBIT / Interest Expense	-30.08	-741.95	-	-752.21	-347.56
EBITDA / Interest Expense	-29.64	-717.78	-	-746.83	-347.38
(EBITDA - Capex) / Interest Expense	-31.84	-719.49	-	-746.83	-347.38
Total Debt / EBITDA	-0.54	-0.72	-0.51	-0.42	-0.05
Net Debt / EBITDA	-0.5	-0.7	0.04	-0.42	-0.05
Total Debt / (EBITDA - Capex)	-0.5	-0.72	-0.48	-0.42	-0.05
Net Debt / (EBITDA - Capex)	-0.47	-0.7	0.03	-0.42	-0.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	85.13	85.47	-	-
Gross Profit, 1 Yr. Growth %	-	-647.09	69.45	-	-
EBITDA, 1 Yr. Growth %	1.18K	-18.99	94	-55.83	176.37
EBITA, 1 Yr. Growth %	1.16K	-17.48	94.19	-55.71	174.53
EBIT, 1 Yr. Growth %	1.16K	-17.48	94.19	-55.71	174.53
Earnings From Cont. Operations, 1 Yr. Growth %	32.59	-49.97	57.41	158.39	-3.15
Net Income, 1 Yr. Growth %	31.46	-50.7	48.81	-33.53	-24.94
Normalized Net Income, 1 Yr. Growth %	1.12K	-20.58	119.18	930.19	-85.67
Diluted EPS Before Extra, 1 Yr. Growth %	-88.86	-88.98	10.34	163.48	-20.52
Accounts Receivable, 1 Yr. Growth %	3.49K	-99.96	901K	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	9.8K	-20.62	3.34	1.08K	-13.37
Total Assets, 1 Yr. Growth %	63.12	-26.61	238	-68.83	-31.67
Tangible Book Value, 1 Yr. Growth %	-128.83	-141.19	-1.28K	-93.91	-48.04
Common Equity, 1 Yr. Growth %	-128.83	-141.19	-1.28K	-56.11	-39.98
Cash From Operations, 1 Yr. Growth %	1.29K	-47.57	283.09	-89.3	-55.25
Capital Expenditures, 1 Yr. Growth %	9.52K	-97.4	10.07K	-	-
Levered Free Cash Flow, 1 Yr. Growth %	-	12.07	382.89	-189.24	-100.22
Unlevered Free Cash Flow, 1 Yr. Growth %	-	17.03	383.68	-189.24	-100.19
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	28.6	-	-
Gross Profit, 2 Yr. CAGR %	-	-	202.69	-	-
EBITDA, 2 Yr. CAGR %	-	221.61	13.68	-59.02	10.49
EBITA, 2 Yr. CAGR %	-	221.84	14.7	-59.52	10.26
EBIT, 2 Yr. CAGR %	-	221.84	14.7	-59.52	10.26
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-18.55	-19.89	-4.12	58.19
Net Income, 2 Yr. CAGR %	-	-19.49	-14.34	-0.55	-29.37
Normalized Net Income, 2 Yr. CAGR %	-	211.59	19.08	81.24	21.49
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-88.92	-68.3	-13.12	44.71
Accounts Receivable, 2 Yr. CAGR %	-	-88.2	-0.9	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-	786.52	-11.82	-23.01	219.49
Total Assets, 2 Yr. CAGR %	-	9.42	57.5	2.65	-53.85
Tangible Book Value, 2 Yr. CAGR %	-	-65.54	121.6	-15.1	-82.21
Common Equity, 2 Yr. CAGR %	-	-65.54	121.6	127.91	-48.67
Cash From Operations, 2 Yr. CAGR %	-	170.01	41.72	-35.99	-78.12
Capital Expenditures, 2 Yr. CAGR %	-	58.11	10.5	-	-
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	107.15	93.05	-95.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	111.82	93.21	-95.91
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	-	-	-83.48
Gross Profit, 3 Yr. CAGR %	-	-	-	-	-83.48
EBITDA, 3 Yr. CAGR %	-	-	154.58	-51.82	-22.58
EBITA, 3 Yr. CAGR %	-	-	154.65	-51.94	-23.38
EBIT, 3 Yr. CAGR %	-	-	154.65	-51.94	-23.38
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-5.24	-27.9	-3.8
Net Income, 3 Yr. CAGR %	-	-	-1.2	-21.29	-9.45
Normalized Net Income, 3 Yr. CAGR %	-	-	158.81	28.57	-22.22
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-77.63	-59.04	-15.66
Accounts Receivable, 3 Yr. CAGR %	-	-	228.03	-	8.51
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	325.42	-23.6	-19.93
Total Assets, 3 Yr. CAGR %	-	-	59.36	-8.21	-10.37
Tangible Book Value, 3 Yr. CAGR %	-	-	12.29	-33.12	-27.92
Common Equity, 3 Yr. CAGR %	-	-	12.29	29.18	46.08
Cash From Operations, 3 Yr. CAGR %	-	-	203.4	-40.11	-43.19
Capital Expenditures, 3 Yr. CAGR %	-	-	389.69	-	-
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	49.06	-79.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	51.29	-80.87
Compound Annual Growth Rate Over Five Years
EBITDA, 5 Yr. CAGR %	-	-	-	-	31.6
EBITA, 5 Yr. CAGR %	-	-	-	-	30.78
EBIT, 5 Yr. CAGR %	-	-	-	-	30.78
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-13.61
Net Income, 5 Yr. CAGR %	-	-	-	-	-13.61
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	30.06
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-63.95
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	-65.34
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	107.27
Total Assets, 5 Yr. CAGR %	-	-	-	-	-2.93
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	-46.26
Common Equity, 5 Yr. CAGR %	-	-	-	-	-17.9
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	5.98