GITS: Global Interactive Technologies Inc Financial Statements

Balance sheet, income statement, and cash flow statements for Global Interactive Technologies Inc (GITS).

OverviewDividends

$13.05M Market Cap.

As of 05/20/2025 5:00 PM ET (MRY) • Disclaimer

GITS Market Cap. (MRY)


GITS Shares Outstanding (MRY)


GITS Assets (MRY)


Total Assets

$6.40M

Total Liabilities

$668.34K

Total Investments

$338

GITS Income (MRY)


Revenue

$0

Net Income

-$6.17M

Operating Expense

$888.36K

GITS Cash Flow (MRY)


CF Operations

-$1.68M

CF Investing

-$5.08M

CF Financing

$679.57K

GITS Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$6,404,423 (-68.83%)

$20,544,956 (238.00%)

$6,078,301 (-26.61%)

$8,281,679

Assets Current

$2,987 (-99.99%)

$20,420,926 (556.63%)

$3,109,979 (111.84%)

$1,468,101

Assets Non-Current

$6,401,436 (5061.20%)

$124,030 (-95.82%)

$2,968,322 (-56.44%)

$6,813,578

Goodwill & Intangible Assets

$4,940,000 (0%)

$0 (0%)

$0 (0%)

$0

Shareholders Equity

$5,736,084 (-56.11%)

$13,068,465 (1283.36%)

-$1,104,349 (-141.50%)

$2,661,210

Property Plant & Equipment Net

$1,461,436 (1078.29%)

$124,030 (-94.97%)

$2,465,844 (-24.75%)

$3,276,818

Cash & Equivalents

$2,352 (-96.62%)

$69,688 (-41.07%)

$118,262 (-64.21%)

$330,448

Accumulated Other Comprehensive Income

-$666,470 (-234.93%)

$493,942 (-43.83%)

$879,420 (36.09%)

$646,197

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$253,058

Total Investments

$338 (-99.74%)

$131,080 (-74.47%)

$513,356 (-82.62%)

$2,954,229

Investments Current

$338 (-99.74%)

$131,080 (-74.47%)

$513,356 (0%)

$0

Investments Non-Current

$0 (0%)

$0 (0%)

$0 (0%)

$2,954,229

Inventory

$0 (0%)

$0 (0%)

$0 (0%)

$0

Trade & Non-Trade Receivables

$297 (0%)

$0 (0%)

$1,848,776 (138.49%)

$775,215

Trade & Non-Trade Payables

$290,917 (0%)

$0 (0%)

$1,840,269 (58.84%)

$1,158,577

Accumulated Retained Earnings (Deficit)

-$37,901,301 (2.55%)

-$38,893,762 (-31.36%)

-$29,607,852 (-26.70%)

-$23,367,605

Tax Assets

$0 (0%)

$0 (0%)

$0 (0%)

$0

Tax Liabilities

$0 (0%)

$0 (0%)

$0 (0%)

$0

Total Debt

$370,043 (0%)

$0 (0%)

$4,533,246 (6.00%)

$4,276,685

Debt Current

$370,043 (0%)

$0 (0%)

$982,390 (104.32%)

$480,818

Debt Non-Current

$0 (0%)

$0 (0%)

$3,550,856 (-6.45%)

$3,795,867

Total Liabilities

$668,339 (-91.06%)

$7,476,491 (0.78%)

$7,418,816 (29.73%)

$5,718,451

Liabilities Current

$668,339 (-91.06%)

$7,476,491 (93.29%)

$3,867,960 (101.19%)

$1,922,584

Liabilities Non-Current

$0 (0%)

$0 (0%)

$3,550,856 (-6.45%)

$3,795,867

GITS Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$0 (0%)

$0 (0%)

$428,187 (-10.84%)

$480,224

Cost of Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$559,419

Selling General & Administrative Expense

$888,363 (-55.71%)

$2,005,925 (-65.71%)

$5,849,712 (-26.17%)

$7,923,224

Research & Development Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0

Operating Expenses

$888,363 (-55.71%)

$2,005,925 (-65.71%)

$5,849,712 (-71.29%)

$20,374,778

Interest Expense

$1,181 (3790.63%)

-$32 (-100.36%)

$8,931 (-99.56%)

$2,022,323

Income Tax Expense

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Loss Income from Discontinued Operations

$1,388,318 (-81.63%)

$7,556,303 (539.06%)

$1,182,412 (0%)

$0

Consolidated Income

-$6,171,969 (34.39%)

-$9,407,635 (-47.30%)

-$6,386,503 (49.11%)

-$12,548,578

Net Income to Non-Controlling Interests

$0 (0%)

-$121,725 (16.77%)

-$146,256 (-235.37%)

$108,042

Net Income

-$6,171,969 (33.53%)

-$9,285,910 (-48.81%)

-$6,240,247 (50.70%)

-$12,656,620

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0

Net Income Common Stock

-$6,171,969 (33.53%)

-$9,285,910 (-48.81%)

-$6,240,247 (50.70%)

-$12,656,620

Weighted Average Shares

$2,640,429 (4.56%)

$2,525,171 (17.56%)

$2,147,999 (347.27%)

$480,251

Weighted Average Shares Diluted

$2,640,429 (4.56%)

$2,525,171 (17.56%)

$2,147,999 (347.27%)

$480,251

Earning Before Interest & Taxes (EBIT)

-$6,170,788 (33.55%)

-$9,285,942 (-49.02%)

-$6,231,316 (41.40%)

-$10,634,297

Gross Profit

$0 (0%)

$0 (0%)

$428,187 (640.67%)

-$79,195

Operating Income

-$888,363 (55.71%)

-$2,005,925 (63.00%)

-$5,421,525 (73.49%)

-$20,453,973

GITS Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$5,081,105 (38.92%)

-$8,318,906 (-729.78%)

$1,320,916 (230.75%)

-$1,010,237

Net Cash Flow from Financing

$679,565 (-97.26%)

$24,846,683 (866.60%)

$2,570,521 (-71.51%)

$9,022,250

Net Cash Flow from Operations

-$1,678,777 (89.30%)

-$15,694,185 (-283.09%)

-$4,096,730 (47.57%)

-$7,814,399

Net Cash Flow / Change in Cash & Cash Equivalents

-$6,080,317 (-17.91%)

-$5,156,874 (-2411.96%)

-$205,293 (-203.89%)

$197,614

Net Cash Flow - Business Acquisitions and Disposals

$0 (0%)

$0 (0%)

$0 (0%)

$5,836

Net Cash Flow - Investment Acquisitions and Disposals

$70,051 (101.16%)

-$6,025,573 (-550.97%)

$1,336,126 (409.99%)

-$431,026

Capital Expenditure

$84,097 (163.86%)

-$131,692 (-1774.89%)

-$7,024 (98.80%)

-$585,047

Issuance (Repayment) of Debt Securities

$368,152 (0%)

$0 (0%)

$886,243 (-83.04%)

$5,224,594

Issuance (Purchase) of Equity Shares

$0 (0%)

$8,128,016 (305.52%)

$2,004,368 (-47.22%)

$3,797,656

Payment of Dividends & Other Cash Distributions

$0 (0%)

$0 (0%)

$0 (0%)

$0

Effect of Exchange Rate Changes on Cash

$656,247 (531.75%)

-$151,998 (-2352.77%)

-$6,197 (-105.80%)

$106,899

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0

Depreciation Amortization & Accretion

$6,352 (-30.83%)

$9,183 (-97.84%)

$424,205 (62.38%)

$261,239

GITS Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

-

-

100.00% (706.06%)

-16.50%

Profit Margin

-

-

-1457.40% (44.70%)

-2635.60%

EBITDA Margin

-

-

-1356.20% (37.21%)

-2160.00%

Return on Average Equity (ROAE)

-64.30% (38.41%)

-104.40% (86.98%)

-801.60%

-

Return on Average Assets (ROAA)

-38.50% (35.51%)

-59.70% (31.30%)

-86.90%

-

Return on Sales (ROS)

-

-

-1455.30% (34.28%)

-2214.40%

Return on Invested Capital (ROIC)

-49.50% (55.41%)

-111.00% (-50.82%)

-73.60%

-

Dividend Yield

0% (0%)

0%

-

-

Price to Earnings Ratio (P/E)

-2.11 (52.02%)

-4.4

-

-

Price to Sales Ratio (P/S)

-

-

-

-

Price to Book Ratio (P/B)

2.27 (-30.49%)

3.27

-

-

Debt to Equity Ratio (D/E)

0.12 (-79.55%)

0.57 (108.51%)

-6.72 (-412.61%)

2.15

Earnings Per Share (EPS)

-2.34 (36.41%)

-3.68 (-31.43%)

-2.8 (89.47%)

-26.6

Sales Per Share (SPS)

0 (0%)

0 (0%)

0.2 (-80.10%)

1

Free Cash Flow Per Share (FCFPS)

-0.6 (90.36%)

-6.27 (-227.94%)

-1.91 (89.07%)

-17.49

Book Value Per Share (BVPS)

2.17 (-58.03%)

5.17 (1106.81%)

-0.51 (-109.28%)

5.54

Tangible Assets Book Value Per Share (TABVPS)

0.56 (-93.18%)

8.14 (187.49%)

2.83 (-83.59%)

17.24

Enterprise Value Over EBIT (EV/EBIT)

-3 (25.00%)

-4

-

-

Enterprise Value Over EBITDA (EV/EBITDA)

-3.03 (22.00%)

-3.89

-

-

Asset Turnover

0 (0%)

0 (0%)

0.06

-

Current Ratio

0 (-99.85%)

2.73 (239.68%)

0.8 (5.24%)

0.76

Dividends

$0 (0%)

$0 (0%)

$0 (0%)

$0

Free Cash Flow (FCF)

-$1,594,680 (89.92%)

-$15,825,877 (-285.64%)

-$4,103,754 (51.14%)

-$8,399,446

Enterprise Value (EV)

$18,682,270 (-48.18%)

$36,053,094

-

-

Earnings Before Tax (EBT)

-$6,171,969 (33.53%)

-$9,285,910 (-48.81%)

-$6,240,247 (50.70%)

-$12,656,620

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

-$6,164,436 (33.55%)

-$9,276,759 (-59.75%)

-$5,807,111 (44.02%)

-$10,373,058

Invested Capital

$1,163,775 (-91.05%)

$12,998,777 (96.20%)

$6,625,325 (-35.71%)

$10,305,332

Working Capital

-$665,352 (-105.14%)

$12,944,435 (1807.75%)

-$757,981 (-66.78%)

-$454,483

Tangible Asset Value

$1,464,423 (-92.87%)

$20,544,956 (238.00%)

$6,078,301 (-26.61%)

$8,281,679

Market Capitalization

$13,049,002 (-69.49%)

$42,774,957

-

-

Average Equity

$9,599,296 (7.94%)

$8,893,509 (1042.49%)

$778,430

-

Average Assets

$16,019,887 (3.03%)

$15,549,113 (116.56%)

$7,179,990

-

Invested Capital Average

$12,475,242 (49.12%)

$8,365,810 (-1.18%)

$8,465,328

-

Shares

2,640,429 (0.00%)

2,640,429 (1.69%)

2,596,563

-