AUSI AURA SYSTEMS INC

Overview and Growth

AURA SYSTEMS INC generated $278.00K of revenue in fiscal 2026, with net loss of $10.93M and an operating cash outflow of $3.40M. At $278.00K, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $50.00K in fiscal 2025, revenue recorded a 456.0% year-over-year increase. Diluted earnings per share were -$0.09, translating the period’s attributable earnings into the amount reported for each diluted share. The diluted weighted-average share count was 127.11M, linking total earnings with the per-share result received by shareholders. Compared with 114.84M diluted shares in fiscal 2025, the current 127.11M base was 10.7% higher. Total assets stood at $1.36M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.2x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $253.00K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 91.0% of revenue, quantifying the portion retained before operating expenses were recognized. The company recorded an operating loss of $3.48M after the reported operating expense base. The company ended the period with a net loss of $10.93M, extending the operating result through all remaining items. EBITDA was negative $3.25M, showing a deficit before interest, taxes, depreciation, and amortization. The loss-to-assets relationship was 802.1%, placing the bottom-line deficit against the company’s resource base. The net loss narrowed to $10.93M from $21.14M in fiscal 2025.

Liquidity and Capital Structure

The company held $1.36M of assets against $46.17M of liabilities and -$44.81M of equity, revealing how the asset base was financed. Equity was negative at -$44.81M, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. Current assets were $248.00K against $45.41M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 0.01x, current liabilities exceeded current assets and placed pressure on the company’s near-term liquidity position. The company held $11.00K in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 0.0%, excluding receivables and other current assets. Cash and equivalents equaled 0.8% of total assets, showing the liquid cash component within the company’s broader resource base. The asset base changed 7.7% from $1.48M in fiscal 2025, leaving current total assets lower year over year. Compared with $23.00K in fiscal 2025, the current cash balance moved 52.2% and finished lower.

Cash Flow and Earnings Quality

Operating activities used $3.40M of cash, resulting in an operating cash outflow for the year. Capital expenditures used $12.00K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. Negative free cash flow was $3.42M, leaving a cash deficit after capital spending and reducing financial flexibility. Relative to total assets, the post-investment cash deficit measured 250.7%. Compared with a $3.22M operating cash outflow in fiscal 2025, the current outflow increased to $3.40M.

Based on the annual report for the fiscal year ending Feb 28, 2026. Analysis generated Oct 21, 2026.