Revenue increased to $23.6 million, a 42.5% growth year-over-year
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 Statement

This 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 Limited

Wai Yiu Yau, Chairman and CEO

project@globavend.com

(61) 8 6141 3263

GLOBAVEND HOLDINGS LIMITED CONSOLIDATED BALANCE SHEETS AS 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

LIABILITIES AND EQUITY
Current Liabilities
Accounts payable	$	649,183		$	745,032
Accounts payable – related party		1,627,269			-
Other payables and accrued liabilities		235,193			391,868
Contract liabilities		-			9,479
Amount due to a director		8,586			-
Taxes payables		224,438			-
Operating lease liabilities – related party		41,019			30,818
Total current liabilities	$	2,785,688		$	1,177,197

TOTAL LIABILITIES	$	2,785,688		$	1,177,197

Commitments

EQUITY

Ordinary shares, $0.2 par value, 500,000,000 shares authorized, 74,656 shares issued and outstanding as of September 30, 2024 and 1,526,113 shares issued and outstanding as of September 30, 2025*		14,931			305,228
Management shares, $0.2 par value, designated and authorized pursuant to the Management Shares Board Resolution, nil share issued and outstanding as of September 30, 2024 and 100 shares issued and outstanding as of September 30, 2025		-			20
Subscription receivable		(13,125	)		(14,125	)
Additional paid-in capital		3,454,741			7,349,249
Accumulated Other Comprehensive Income		-			331
Retained earnings		1,712,979			2,395,961
Total shareholders' equity	$	5,169,526		$	10,036,664

TOTAL LIABILITIES AND EQUITY	$	7,955,214		$	11,213,861

*	Retrospectively applied for effect of Reverse stock split on July 21, 2025.

GLOBAVEND HOLDINGS LIMITED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME FOR THE YEARS ENDED SEPTEMBER 30, 2023, 2024 AND 2025 (US$, except share data, or otherwise note)

	For the year ended September 30,
	2023			2024			2025

Revenue		18,586,528			16,540,179			23,563,957

Cost of revenue		10,521,866			7,223,445			8,130,006
Cost of revenue – related party		6,159,075			6,897,332			13,058,854
Cost of revenue		16,680,941			14,120,777			21,188,860

Gross Profit		1,905,587			2,419,402			2,375,097

Operating expenses:
General and administrative expenses		758,726			1,079,349			1,417,094
Total operating expenses	$	758,726		$	1,079,349		$	1,417,094

Income from operations	$	1,146,861		$	1,340,053		$	958,003

Other income:
Interest income		3,481			68,205			64,346
Interest expense		(1,066	)		(2,393	)		(995	)
Other income (expenses)		120,367			156,953			(138,223	)
Total other income (expenses), net		122,782			222,765			(74,872	)

Income before income taxes	$	1,269,643		$	1,562,818		$	883,131
Income taxes provision		192,251			223,810			200,149
Net income attributable to Globavend Holdings Limited	$	1,077,392		$	1,339,008		$	682,982

Foreign currency translation adjustment	$	-		$	-		$	331
Comprehensive income	$	1,077,392		$	1,339,008		$	683,313

Earnings per share - Basic and diluted*	$	16.42		$	18.39		$	1.61

Weighted Average Basic and Diluted Number of Ordinary Shares Outstanding*		65,625			72,798			423,124

*	Retrospectively applied for effect of Reverse stock split on July 21, 2025.

Globavend reports strong 2025 financial results with 42% revenue growth