GlobalTech reports Q1 2026 revenue of $10.4M, up 142% YoY from Moda acquisition

GlobalTech Corporation reported Q1 2026 net revenue of $10.4 million versus $4.3 million in Q1 2025, driven by its December 2025 acquisition of a 51% stake in Moda in Pelle retail footwear platform. The company posted a net loss of $4.0 million and adjusted EBITDA loss of $1.3 million as integration costs and depreciation outpaced revenue growth.