QualityStocksNewsBreaks – Globavend Holdings Limited (NASDAQ: GVH) Reports 8% Revenue Growth for First Half Fiscal 2026, Maintains Strong Balance Sheet
Globavend Holdings (NASDAQ: GVH), an emerging cross-border e-commerce logistics provider, reported unaudited financial results for the six months ended March 31, 2026, with revenue increasing 8.0% year over year to US$14.8 million, driven by higher shipment volumes across its integrated cross-border logistics and air freight forwarding businesses. The company ended the period with approximately US$7.1 million in cash and cash equivalents, US$9.1 million in working capital and US$10.4 million in shareholders' equity, underscoring a strong liquidity position despite higher freight costs and operating expenses during the period. Management noted that the reported results reflect only the company's logistics operations through March 31, 2026, and do not include strategic initiatives completed afterward, including…