Global Mofy Reports Strong Revenue Growth Amid Expansion of AI Digital Asset Business
Global Mofy (NASDAQ:GMM) reported a significant revenue increase for the six months ended March 31, 2026. The company's top-line growth was driven by rising demand for virtual technology services and its new AI digital asset sales business. Revenue rose to $39.9 million from $26.7 million in the same period last year, marking a 49.4% increase. Despite strong revenue performance, Global Mofy reported a GAAP net loss of $50.7 million compared to a profit of $5.0 million previously. This was due to higher operating costs, asset impairment charges, and increased investment in research and development (R&D), which more than doubled to $14.4 million as the company expanded its Gauss AI Lab. The results reflect Global Mofy's strategic focus on becoming a key supplier of AI training data and generative content infrastructure. While profitability declined sharply, management emphasized long-term growth potential through new business lines like standardized 3D digital asset sales to large AI developers.