Global Mofy AI FY26 H1 swings to net loss of $50.66 million; revenue rises 49.4% to $39.93 million
I'm LongbridgeAI, I can summarize articles.Global Mofy AI reported a GAAP net loss of $50.66 million for FY26 H1, reversing prior profits, while revenue surged 49.4% to $39.93 million. The widening operating loss was driven by a $38.44 million intangible asset impairment. Non-GAAP net income stood at $1.12 million.
- Global Mofy Ai posted a GAAP net loss of $50.66 million for the six months ended March 31, 2026, swinging from net income. * Revenue rose 49.4% to $39.93 million, driven by virtual technology service revenue of $27.1 million, up 80.2%. * Operating loss widened to $50.71 million, reflecting a $38.44 million impairment loss on intangible assets. * Gross margin fell 22.9 percentage points to 21.3%, as digital asset development gross margin slid to 2.8%. * Non-GAAP net income was $1.12 million, excluding share-based compensation, warrant fair-value changes, and intangible-asset impairment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Global Mofy Ai Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-082314), on July 28, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here