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Global Mofy shares are trading higher after the company reported a year-over-year increase in H1 sales results.

BenzingaJul 29, 2026, 12:59 PMBenzinga Newsdesk

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benzinga
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Jul 29, 2026, 12:59 PM
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Jul 29, 2026, 12:58 PM
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Keep reading

  1. Globenewswire IncJul 29, 2026, 1:46 AMNa

    Global Mofy Reports 49.4% YoY Revenue Increase for the Six Months Ended March 31, 2026, Driven by Virtual Tech Growth and New AI Digital Asset Business

    Global Mofy AI Limited reported 49.4% YoY revenue growth to $39.9 million for H1 2026, driven by virtual production services and new AI digital asset business. However, the company posted a GAAP net loss of $50.7 million due to asset impairment and heavy R&D investments ($14.4 million), though Non-GAAP net income was $1.1 million. Gross profit declined 27.9% to $8.5 million as cost of revenues surged 110.5%.

    Read original at globenewswire-inc