Average daily number of packages increased by 69.4%
Average daily revenue per freight weight increased by 12.7%
PERTH, Australia, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Globavend Holdings Limited ("Globavend" or the "Company") (NASDAQ:GVH), an emerging e-commerce logistics provider, today announced financial results for the year ended September 30, 2025.
"Globavend delivered a strong finish to 2025 with $23.6 million in revenue, representing robust growth of 42.5% year-over-year," said Frank Yau, Chairman and CEO of Globavend Holdings. "During the year, we handled an average of 10,394 packages every day, representing an increase of 69.4% compared to the previous year, and our average daily revenue by freight weight increased by 12.7% compared to the previous year."
"Our strategy growth plan is advancing and is benefiting from our support we receive in the capital market and our business presence in the greater China region. Our pipeline is expanding and rapidly maturing, highlighted by the establishment of our subsidiary in China. We believe our continued growth will enhancing our revenue with significant growth into 2026 and beyond," Yau concluded.
Financial Highlights
Revenue grew 42.5% year-over-year to $23.6 million
Average daily number of packages increased by 69.4%
Average daily revenue per freight weight increased by 12.7%
Net income of $0.68 million
Operation Highlights
Newly set up subsidiary in China, penetrating into China market
Established corporate infrastructure for further expansion strategy
About Globavend Holdings Limited
Globavend Holdings Limited, an emerging e-commerce logistics provider, offers end-to-end logistics solutions in Hong Kong, Australia, and New Zealand. The Company primarily serves enterprise customers, including e-commerce merchants and operators of e-commerce platforms, facilitating business-to-consumer (B2C) transactions. As an e-commerce logistics provider, Globavend delivers integrated cross-border logistics services from Hong Kong to Australia and New Zealand. It provides customers with a comprehensive solution, encompassing pre-carriage parcel drop-off, parcel consolidation, air-freight forwarding, customs clearance, on-carriage parcel transportation, and final delivery.
Forward-Looking StatementThis press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Actual results of Globavend Holdings Limited (the "Company") may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, expectations about the Company's financial and operating results, the Company's goals and commercial plans, and the Company's future performance, including its financial performance, and its ability to implement its strategy. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside of the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the risks and uncertainties related to global economic or market conditions, changes in the Company's operating plans or funding requirements, changes in customer demands, changes to the Company's supplier relationships, changes in the availability of labor and other employment needs, changes in the price of necessary expenses required to operate the Company's business, and other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission, including those under "Risk Factors" therein. The Company cautions readers that the foregoing list of factors is not exclusive and that readers should not place undue reliance upon any forward-looking statements which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
For investor and media inquiries, please contact:Globavend Holdings LimitedWai Yiu Yau, Chairman and CEO[email protected](61) 8 6141 3263
GLOBAVEND HOLDINGS LIMITEDCONSOLIDATED BALANCE SHEETSAS OF SEPTEMBER 30, 2024 AND 2025(US$, except share data, or otherwise note)
As of September 30,
2024
2025
US$
US$
ASSETS
CURRENT ASSETS
Cash and cash equivalents
$
2,296,462
$
7,505,388
Accounts receivable, net
1,684,644
1,004,203
Other receivable
-
362,974
Amount due from a director
-
33,094
Deposits and prepayment
203,178
42,646
Tax recoverable
-
84,352
Deferred costs
374,286
374,286
Contract assets
897,409
553,218
Total current assets
$
5,455,979
$
9,960,161
NON-CURRENT ASSETS
Property, plant, equipment, net
$
123,101
$
53,549
Right-of-use assets, operating lease
32,711
28,741
Deposits and prepayment
1,743,423
273,974
Deposits, related party
600,000
897,436
Total non-current assets
$
2,499,235
$
1,253,700
TOTAL ASSETS
$
7,955,214
$
11,213,861
