Global Mofy AI Ltd (NASDAQ: GMM)

GLOBAL MOFY AI LIMITED is an AI driven technology solutions provider engaged in virtual content production and digital assets development for the digital content industry. The company utilizes its proprietary “Mofy Lab” technology platform, which combines three dimensional rebuilt technology and artificial intelligence interactive technology, to create high definition 3D digital assets of real world objects and to deliver end to end virtual content solutions for movies television advertising gaming and related applications. It maintains a digital asset bank of more than 150000 high precision 3D assets that meet 4K movie resolution standards.

GLOBAL MOFY AI LIMITED generates revenue primarily from two lines of business: virtual technology service and digital asset development and others. Virtual technology service contracts are typically fixed price milestone based projects for visual effect design content development production and integration with payments often split into two to four installments as agreed with clients. Digital asset development involves licensing the use of its 3D digital asset bank to customers across media entertainment and emerging metaverse applications and the company also earns revenue from copyright licensing of entertainment works it owns. For the fiscal year ended September 30 2025 total revenue was $55.94 million of which 59% came from virtual technology service and 41% from digital asset development and others in 2024 revenue was $14.36 million with a 51/49 split and in 2023 revenue was $26.89 million with a 57/43 split.

The company operates through the following segments: Virtual Technology Service and Digital Asset Development and Others.

• Virtual Technology Service: This segment provides comprehensive technology solutions for virtual content production including the creation of 3D digital assets shooting planning on set support and post production integration for clients in film television advertising and gaming and it typically delivers projects within a four to eight month window.

• Digital Asset Development and Others: This segment builds and maintains a library of more than 150000 high precision 3D digital assets licenses their use to customers and generates additional income from copyright licensing of entertainment works owned by the company while also exploring AI based 3D model and video generative tools to improve efficiency.

GLOBAL MOFY AI LIMITED positions itself as a leading digital asset bank in China as noted by an independent industry survey from Frost and Sullivan and leverages its proprietary Mofy Lab platform to offer cost effective high quality virtual content that differentiates it from competitors in the virtual production and digital asset markets while its technology combines 3D rebuilt and AI interactive capabilities to enable rapid conversion of real world objects into interactive 3D assets for metaverse applications.

The company serves a diverse customer base that includes film studios television networks advertising agencies and game developers with notable clients such as Tencent’s affiliates Youku’s affiliates Perfect World (Nasdaq: PWRD) L’OREAL (Nasdaq: LRLCY) and H&R Century Pictures (Shenzhen Stock Exchange: 000892). In the fiscal year ended September 30 2025 a single customer accounted for approximately 16% of total revenue and the top four customers together represented about 22% 20% 18% and 13% of accounts receivable respectively.