BEIJING, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced its financial results for the fiscal year ended September 30, 2025.
During fiscal year 2025, the Company achieved record annual revenue while simultaneously accelerating its strategic transition toward AI-native production pipelines and AI Agent–based workflows. These initiatives reflect the Company’s long-term commitment to transforming traditional content production processes through scalable, intelligent, and data-governed AI infrastructure.
“Fiscal year 2025 represented a pivotal year for Global Mofy,” said Haogang Yang, Founder and CEO of Global Mofy. “While we continued to deliver record revenue growth, we also made deliberate investments to advance our AI-native production framework and AI Agent–driven workflows. These initiatives are foundational to our long-term strategy, enabling us to transition from human-intensive production toward scalable, machine-assisted creation. We believe these investments position the Company to unlock meaningful efficiency gains, operational leverage, and long-term value creation as enterprise adoption of generative AI continues to accelerate.”
Financial Results for Fiscal Year Ended September 30, 2025
Total Assets: As of September 30, 2025, the Company’s total assets increased to $78.0 million, compared to $59.2 million as of September 30, 2024, representing an increase of 31.9% year-over-year. The increase was primarily driven by continued investment in intangible assets related to 3D digital assets and AI-related technologies, reflecting the Company’s ongoing focus on strengthening its long-term technology foundation.
Revenue: Revenue for fiscal year 2025 increased to $55.9 million, representing a 35.3% increase from $41.4 million in fiscal year 2024. The increase was driven by sustained demand for virtual content production and 3D digital assets across film, television, advertising, gaming, and digital tourism.
In addition, in response to the rapidly expanding short-form drama market, the Company adopted an innovative cooperation model to participate in short-form drama investment and production projects. The Company believes that the continued expansion of its short-form drama production business will further diversify its revenue streams and provide additional revenue support over time.
Gross Profit: Gross profit for fiscal year 2025 was $22.5 million, compared to $20.8 million in fiscal year 2024. Gross margin was 40.2%, reflecting continued investment in AI-native production infrastructure, expanded R&D initiatives, and the scaling of AI Agent–based workflows to support long-term efficiency and automation.
Net Income: Net loss for fiscal year 2025 was $19.3 million, compared to net income of $12.1 million in fiscal year 2024. The net loss was primarily attributable to non-cash, accounting-driven items related to warrant liabilities, including a loss on issuance of warrant liability and changes in fair value, which are non-operational in nature.
Non-GAAP Operating Income: On a non-GAAP basis, the Group’s operating income for fiscal year 2025 was $10.8 million, compared to $9.1 million for fiscal year 2024, representing an increase of $1.7 million year-over-year. The Company believes that non-GAAP operating income provides supplemental information regarding its core operating performance by excluding certain non-cash and accounting-related items.
Earnings Per Share (EPS): Basic and diluted loss per share for fiscal year 2025 was $(1.19), compared to basic and diluted earnings per share of $6.37 for fiscal year 2024.
Research and Development (R&D) Expenses: R&D expenses for fiscal year 2025 totaled $7.9 million, compared to $7.4 million in fiscal year 2024, representing an increase of 6.7% year-over-year. These investments were primarily focused on expanding and enhancing the Company’s 3D digital asset library to support growing AI-driven demand, as well as advancing the development of AI-based generative tools. Beginning in fiscal year 2025, the Group also initiated research and development efforts related to AI-native production workflows with the launch of Gauss AI Lab, which are expected to support long-term efficiency, scalability, and intelligent production capabilities.
Recent Developments
Conference Call and Webcast Information
Global Mofy will host a conference call and live webcast to discuss its fiscal year 2025 financial results and business outlook on Friday, January 9, 2026, at 8:30 AM Eastern Time.
Upon registration, participants will receive dial-in information and a unique PIN. A replay of the webcast will be available on the Company’s investor relations website following the event.
About Global Mofy AI Limited
Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy is one of the leading digital asset banks in China, which consists of more than 150,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.ai or ir.globalmofy.cn.
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company's statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Global Mofy AI Ltd.
Investor Relations Department
ir@mof-vfx.com
| GLOBAL MOFY AI LIMITED CONSOLIDATED BALANCE SHEETS (Expressed in U.S. Dollars, except for the number of shares) | ||||||||
| As of September 30, | ||||||||
| 2025 | 2024 | |||||||
| US$ | US$ | |||||||
| ASSETS | ||||||||
| Current assets | ||||||||
| Cash | $ | 1,172,732 | $ | 8,068,560 | ||||
| Restricted cash | 3,000,000 | 3,000,000 | ||||||
| Accounts receivable, net | 1,534,345 | 1,254,613 | ||||||
| Advances to vendors, net | 10,206,554 | 5,736,093 | ||||||
| Due from related parties | 26,333 | 19,665 | ||||||
| Investment in short drama | 39,331 | — | ||||||
| Prepaid expenses and other current assets, net | 1,120,244 | 967,613 | ||||||
| Total current assets | 17,099,539 | 19,046,544 | ||||||
| Non-current assets | ||||||||
| Long-term investments | 481,938 | 284,998 | ||||||
| Property and equipment, net | 14,986 | 13,420 | ||||||
| Intangible assets, net | 59,749,819 | 38,796,262 | ||||||
| Operating lease right-of-use assets | 318,392 | 660,946 | ||||||
| Advances to vendors, net – non-current | 258,224 | 261,956 | ||||||
| Other assets | 125,913 | 127,732 | ||||||
| Total non-current assets | 60,949,272 | 40,145,314 | ||||||
| Total assets | $ | 78,048,811 | $ | 59,191,858 | ||||
| LIABILITIES AND EQUITY | ||||||||
| Current liabilities | ||||||||
| Short-term bank loans | $ | 3,365,077 | $ | 5,397,521 | ||||
| Loans from a third party | 23,177 | 23,512 | ||||||
| Accounts payable | 1,777,444 | 1,213,114 | ||||||
| Advances from customers | 6,726,413 | 3,837,621 | ||||||
| Due to a related party | 22,846 | 50,380 | ||||||
| Tax payable | 2,652,385 | 2,035,653 | ||||||
| Accrued expenses and other liabilities | 706,737 | 553,696 | ||||||
| Operating lease liabilities – current | 304,180 | 270,183 | ||||||
| Total current liabilities | 15,578,259 | 13,381,680 | ||||||
| Non-current liabilities | ||||||||
| Warrants liabilities | 494,048 | — | ||||||
| Operating lease liabilities – non-current | — | 308,575 | ||||||
| Total non-current liabilities | 494,048 | 308,575 | ||||||
| Total liabilities | 16,072,307 | 13,690,255 | ||||||
| Equity: | ||||||||
| Class A ordinary shares ($0.00003 par value, 30,000,000,000 shares authorized, 25,844,079 and 1,410,001 shares issued and outstanding as of September 30, 2025 and 2024, respectively)* | 775 | 42 | ||||||
| Class B ordinary shares ($0.00003 par value, 4,000,000,000 shares authorized, 3,723,975 and 848,203 shares issued and outstanding as of September 30, 2025 and 2024, respectively) | 112 | 26 | ||||||
| Additional paid-in capital | 63,897,923 | 27,796,887 | ||||||
| Statutory reserves | 3,061,428 | 1,926,547 | ||||||
| (Accumulated Deficits) Retained earnings | (4,700,020 | ) | 15,737,191 | |||||
| Accumulated other comprehensive (loss) income | (139,432 | ) | 187,118 | |||||
| Total Global Mofy AI Limited shareholders’ equity | 62,120,786 | 45,647,811 | ||||||
| Non-controlling interests | (144,282 | ) | (146,208 | ) | ||||
| Total equity | 61,976,504 | 45,501,603 | ||||||
| Total liabilities and equity | $ | 78,048,811 | $ | 59,191,858 | ||||
| * | Retrospectively restated for effect of reverse share split on November 26, 2024 (see Note 11). |
| * | The company held its annual general meeting on August 15, 2024, re-designating all of the previously issued and outstanding ordinary shares into Class A Ordinary Shares (see Note 11). |
| GLOBAL MOFY AI LIMITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME (Expressed in U.S. Dollars, except for the number of shares) | ||||||||||||
| For the years ended September 30, | ||||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| US$ | US$ | US$ | ||||||||||
| Revenue | $ | 55,941,283 | $ | 41,360,953 | $ | 26,889,911 | ||||||
| Cost of revenue | (33,430,822 | ) | (20,556,763 | ) | (12,357,934 | ) | ||||||
| Gross profit | 22,510,461 | 20,804,190 | 14,531,977 | |||||||||
| Operating expenses: | ||||||||||||
| Selling expenses | (883,215 | ) | (1,107,215 | ) | (294,587 | ) | ||||||
| General and administrative expenses | (10,678,289 | ) | (5,425,015 | ) | (3,046,037 | ) | ||||||
| Research and development expenses | (7,945,137 | ) | (7,448,583 | ) | (3,546,155 | ) | ||||||
| Total operating expenses | (19,506,641 | ) | (13,980,813 | ) | (6,886,779 | ) | ||||||
| Income from operations | 3,003,820 | 6,823,377 | 7,645,198 | |||||||||
| Other (expenses) income: | ||||||||||||
| Interest income | 92,857 | 208,647 | 41,230 | |||||||||
| Interest expenses | (195,265 | ) | (195,331 | ) | (126,206 | ) | ||||||
| Issuance costs allocated to warrant liability | (30,319 | ) | (823,846 | ) | — | |||||||
| Change in fair value of warrant liability | (4,203,405 | ) | 6,827,034 | — | ||||||||
| Gain on extinguishment of warrant Liability | 5,002,010 | — | — | |||||||||
| Loss on issuance of warrant liability | (22,339,159 | ) | ||||||||||
| Other income, net | 30,214 | 144,819 | 89,124 | |||||||||
| Total other (expense) income, net | (21,643,067 | ) | 6,161,323 | 4,148 | ||||||||
| (Loss) income before income taxes | (18,639,247 | ) | 12,984,700 | 7,649,346 | ||||||||
| Income tax expense | (663,238 | ) | (847,448 | ) | (1,098,087 | ) | ||||||
| Net (loss) income | (19,302,485 | ) | 12,137,252 | 6,551,259 | ||||||||
| Net loss attributable to non-controlling interest | (155 | ) | (100 | ) | (579 | ) | ||||||
| Net (loss) income attributable to Global Mofy AI Limited | $ | (19,302,330 | ) | $ | 12,137,352 | $ | 6,551,838 | |||||
| Comprehensive income (loss) | ||||||||||||
| Net (loss) income | $ | (19,302,485 | ) | $ | 12,137,252 | $ | 6,551,259 | |||||
| Foreign currency translation (loss) gain | (324,469 | ) | 785,722 | (407,248 | ) | |||||||
| Total comprehensive (loss) income | (19,626,954 | ) | 12,922,974 | 6,144,011 | ||||||||
| Comprehensive income (loss) attributable to non-controlling interests | 1,926 | (5,678 | ) | 3,031 | ||||||||
| Comprehensive (loss) income attributable to Global Mofy AI Limited | $ | (19,628,880 | ) | $ | 12,928,652 | $ | 6,140,980 | |||||
| (Loss) earnings per Class A ordinary share | ||||||||||||
| – Basic and diluted* | $ | (1.19 | ) | $ | 6.37 | $ | 3.93 | |||||
| Weighted average number of Class A ordinary shares outstanding | ||||||||||||
| – Basic and diluted* | 14,086,610 | 1,798,850 | 1,668,083 | |||||||||
| (Loss) earnings per Class B ordinary share | ||||||||||||
| – Basic and diluted* | $ | (1.19 | ) | $ | 6.37 | $ | - | |||||
| Weighted average Class B ordinary shares outstanding | ||||||||||||
| – Basic and diluted* | 2,100,937 | 106,605 | - | |||||||||
| * | Retrospectively restated for effect of reverse share split on November 26, 2024 (see Note 11). |
| * | The company held its annual general meeting on August 15, 2024, re-designating all of the previously issued and outstanding ordinary shares into Class A Ordinary Shares (see Note 11). |