$20 Million Equity Line to Grow E-Commerce Logistics Company Serving Clients in the Asia- Pacific Market: NASDAQ: GVH

Globavend Holdings Limited Nasdaq: GVH

Globavend Holdings $GVH

Globavend Holdings NASDAQ: $GVH

Globavend Holdings $GVH Logistics Solutions

Globavend Holdings $GVH Logistics Solutions 2

Globavend Holdings Limited (Nasdaq: GVH) Strengthens Position in Asia-Pacific Market with $20 Million Equity Line for E-Commerce Logistics Expansion

Globavend Holdings Limited (NASDAQ:GVH)

This equity line facility provides Globavend with a viable long-term platform to grow its existing operations”

— Wai Yiu Yau, CEO of $GVH

PERTH, WESTERN AUSTRALIA, AUSTRALIA, March 19, 2024 /EINPresswire.com/ -- 20 Million Dollar Equity Line to Grow E-Commerce Logistics Company Serving High-Value Clients in the Asia-Pacific Market: Globavend Holdings Limited (Nasdaq: GVH)

For more information on $GVH visit: https://www.globavend.com/ and https://axecapitalusa.com/gvh/

 Delivering e-Commerce Logistic Services with End-to-End Solutions for High-Value Clients in the Emerging Asia-Pacific Market.

 Founded in 2016 by Seasoned ex-DHL e-Commerce Professionals.

 IATA-Accredited Cargo Agent with Strong Ties to Top Air Freight Carriers Including Air New Zealand, Cathay Pacific, Qantas, and Korean Air.

 Current Net Profit Margins of 5.8% (higher than last year's 3.4%).

 Earnings Growth Over Past Year of 33% (Exceeded Logistics Industry -43.2%).

 Net Income Increased by 43.5% YOY to $810,227 for FY Ended September 30, 2022. Half-Year Net Profit Margin Increased from 2.8% for 1H2022 to 4.8% for 1H2023.

Breaking News:

Globavend Holdings Limited (Nasdaq: GVH) is pleased to announce that it has entered into a US$20,000,000 equity purchase agreement with Square Gate Capital Master Fund, LLC – Series 1 as well as a registration rights agreement related thereto. Pursuant to the terms of the Registration Rights Agreement, the Company will register the Company’s ordinary shares issuable to Square Gate under the Equity Purchase Agreement for public resale.

Globavend will have the right, but not the obligation, to sell to Square Gate up to US$20,000,000 worth of its Shares at Globavend’s sole discretion over the next 36 months, subject to certain conditions precedent, and other limitations. Square Gate will have the obligation to purchase the Shares a price determined in accordance with certain formulas set forth in the Equity Purchase Agreement and subject to certain dollar caps.

Wai Yiu Yau, CEO of Globavend stated “This equity line facility provides Globavend with a viable long-term platform to grow its existing operations, expand its e-commerce logistics services into different verticals of the logistics supply chain, enhance its business presence in Australia, New Zealand and Hong Kong, and capitalize on other potential business opportunities. We are always mindful of the best interests of our shareholders and are committed to delivering solid financial performance for the company in 2024 and beyond.”

ABOUT GVH:
Globavend Holdings Limited (Nasdaq: GVH) is a key international provider of e-commerce logistic services, offering comprehensive, end-to-end solutions that cater to the evolving needs of online businesses. Founded in 2016 by seasoned ex-DHL e-commerce professionals, GVH leverages its extensive experience and deep industry knowledge to provide unparalleled service quality and operational efficiency.

With a strategic focus on direct injection from Hong Kong & Southern China to Australia and New Zealand, GVH stands out as a leader in the Asia-Pacific market. Its commitment to innovation is exemplified by the development of its proprietary all-in-one shipping solution, which ensures automated operations and real-time tracking, enhancing both customer satisfaction and operational performance.

GVH embodies excellence in e-commerce logistics, offering investors the opportunity to participate in a dynamic and profitable market. With its market leadership, innovative solutions, and strong financial performance, GVH is poised for sustained growth and success, making it a compelling choice for investors looking to capitalize on the burgeoning e-commerce landscape.

Strategic Expansion: With plans to establish ground transportation and customs clearance teams, GVH is poised to capture a significant market share.

Profitable Partnerships: As an IATA-accredited cargo agent with strong ties to top air freight carriers, GVH can guarantee cost-effective solutions.

Robust Growth: Amidst a booming e-commerce market, the stable GVH business model promises lucrative returns for investors seeking long-term opportunities.

Innovative Solutions: Our all-in-one shipping solution ensures operational efficiency and customer satisfaction, positioning us as industry leaders.

Growing Profit Margin: The current GVH net profit margins (5.8%) are higher than last year (3.4%).
Earnings vs Industry: The GVH earnings growth over the past year (33%) exceeded the Logistics industry -43.2%.

Debt Level: GVH is debt-free.

Experienced Leadership: GVH boasts a leadership team with extensive experience and in-depth industry knowledge, ensuring sound strategic direction and operational excellence.

Comprehensive Solutions: GVH offers integrated, end-to-end logistics solutions tailored to the needs of online businesses, including parcel consolidation, air freight forwarding, and customs clearance, streamlining the logistics process for maximum efficiency.

Innovative Technology: With the development of its proprietary all-in-one shipping solution, GVH is at the forefront of innovation, offering automated operations and real-time tracking capabilities to enhance customer satisfaction and operational efficiency.

Strong Partnerships: GVH has forged long-standing partnerships with international air freight carriers, enabling it to secure cost-effective cargo space and ensure timely delivery of goods, further enhancing its competitive edge in the market. These carriers include Air New Zealand, Cathay Pacific, Qantas and Korean Air.

Profitable Market Growth: The e-commerce logistics market continues to witness robust growth, with GVH strategically positioned to capitalize on this trend and deliver significant value to its stakeholders.

Strong Financial Performance: With impressive gross profit and net income growth, GVH demonstrates its financial stability and potential for long-term profitability, making it an attractive investment opportunity.

Investment Potential: With its market leadership, experienced leadership team, innovative solutions, and strong financial performance, GVH presents a compelling investment opportunity for investors seeking exposure to the dynamic e-commerce logistics sector.

Financial Performance: GVH gross profit increased by 42.7% -o-y to $1,405,878 for the year ended September 30, 2022. Full-year gross profit margin decreased due to market competition, but the half-year gross profit margin picked up from 4.9% in 1H2022 to 7.6% in 1H2023.

GVH net income increased by 43.5% y-o-y to $810,227 for the year ended September 30, 2022. Though the full-year net profit margin decreased slightly, the half-year net profit margin increased from 2.8% for 1H2022 to 4.8% for 1H2023.

DISCLAIMER: CAP/FrontPageStocks/CorporateAds.com (CA) is a third-party publisher and news dissemination service provider. CAP/FPS/CA is NOT affiliated in any manner with any company mentioned herein. CAP/FPS/CA is a news dissemination solutions provider and is NOT a registered broker/dealer/analyst/adviser, holds no investment licenses, and may NOT sell, offer to sell, or offer to buy any security. CAP/FPS/CA’s market updates, news alerts, and corporate profiles are NOT a solicitation or recommendation to buy, sell, or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release or the opinion of the writer. CAP/FPS/ CA is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. CAP/FPS/CA has been compensated $500 by a third party for the dissemination of this article.

Disclaimer/Safe Harbor:

These news releases and postings may contain forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In light of these uncertainties, the forward-looking events referred to in this release might not occur.

SOURCE: CorporateAds.com

Wai Yiu Yau, Chairman and CEO
Globavend Holdings Limited
861413263398
email us here

IPO REVIEW Globavend Holdings Limited $GVH