Creative Global Technology Holdings Limited

What they do

The filing identifies the registrant as Creative Global Technology Holdings Limited, incorporated in the Cayman Islands, with principal executive offices at Unit 03, 22/F, Westin Centre, 26 Hung To Road, Kwun Tong, Kowloon, Hong Kong. It is registered with the SEC under Commission file number 001-42412 and its Class A ordinary shares trade on the Nasdaq Capital Market under the symbol CGTL. The source excerpts provided do not describe the company's specific products, customers or operating segments; the SIC classification is Wholesale-Computers & Peripheral Equipment & Software.

Revenue drivers

• Not disclosed in source material — The excerpts supplied contain no Item 1 business description of products, services or customer base, so no revenue-generating line can be named.
• Aggregate revenue trend — Reported annual revenue was $50.3M in fiscal 2023, falling to $35.6M in fiscal 2024 and $21.2M in fiscal 2025.
• Hong Kong/PRC operations — The company is headquartered in Kowloon, Hong Kong and refers to the People's Republic of China as its principal operating jurisdiction; no product-level revenue split is provided.

Recent performance

For the fiscal year ended September 30, 2025, revenue was $21.2M, down from $35.6M in fiscal 2024 and $50.3M in fiscal 2023. Net income swung to a loss of $13.4M in fiscal 2025, versus net income of $4.3M in fiscal 2024 and $3.2M in fiscal 2023. Diluted EPS was negative $0.57 in fiscal 2025, compared with positive $0.21 in fiscal 2024. Operating cash flow was negative $4.8M in fiscal 2025, after negative $3.5M in fiscal 2024. At September 30, 2025, the company reported total assets of $18.3M, total liabilities of $251,460, shareholder equity of $18.0M and cash and equivalents of $185,240.

Strategy

The excerpts provided do not include a management discussion of strategy, so no stated priorities, investments or targets can be summarized from the source material. The only directional signals available are the reported financials: revenue declined in both fiscal 2024 and fiscal 2025, and operating cash flow was negative in both years. Cash and equivalents stood at $185,240 at September 30, 2025 against total liabilities of $251,460. Any statement of planned actions would require the full Item 5 operating and financial review, which is not reproduced in the excerpts.

Risks

• Revenue contraction — Revenue fell about 58% from $50.3M in fiscal 2023 to $21.2M in fiscal 2025 across two consecutive annual declines.
• Persistent losses — The company reported a $13.4M net loss in fiscal 2025 after net income of $4.3M in fiscal 2024, with negative $0.57 diluted EPS.
• Negative operating cash flow — Operating cash flow was negative $3.5M in fiscal 2024 and negative $4.8M in fiscal 2025, following positive $4.9M in fiscal 2023.
• Low cash balance — Cash and equivalents of $185,240 at September 30, 2025 are modest relative to total liabilities of $251,460 and to the scale of the reported annual loss.

Outlook

The provided excerpts do not contain forward guidance, management commentary or an outlook section from the filing. No forward-looking statements, targets or expected results are quoted in the supplied material. The most recent reported facts are the fiscal 2025 revenue decline, the $13.4M net loss and a cash balance of $185,240 at September 30, 2025. Any outlook would require the full text of Item 5 of the Form 20-F.