SMJF SMJ International Holdings Inc.

Overview and Growth

Fiscal 2026 results for SMJ International Holdings Inc. combined $13.53M of revenue with net loss of $717.95K and an operating cash outflow of $2.64M. At $13.53M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Diluted earnings per share were -$0.03, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted shares averaged 25.87M; this is the reported share base over which the company’s diluted per-share earnings were spread. The company employed $23.26M of total assets, the balance-sheet base supporting its current operating and cash-flow results. Asset turnover was 0.58x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

After reported cost of revenue, the company retained $4.67M as gross profit before recognizing operating expenses and other items. Gross margin was 34.6%, so that share of each revenue unit remained after the cost of revenue reported for the period. The company recorded an operating loss of $748.26K after the reported operating expense base. The operating loss equaled 5.5% of revenue, showing the scale of the operating deficit relative to sales. After all below-operating-line items, the company recorded a net loss of $717.95K for the fiscal year. The net loss equaled 5.3% of revenue, showing the bottom-line deficit relative to the company’s sales base. The company reported negative EBITDA of $680.93K, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. The company reported a pretax loss of $462.93K, before the effect of income taxes. The pretax loss equaled 3.4% of revenue, measuring the pre-tax deficit against sales. Income tax expense totaled $255.02K, providing the reported tax component that separates pretax and after-tax earnings. The net loss equaled 4.9% of period-end equity, showing the deficit relative to book capital. The net loss equaled 3.1% of period-end assets, showing the deficit relative to the asset base.

Liquidity and Capital Structure

At period end, the $23.26M asset base was financed through $8.59M of liabilities and $14.67M of equity. The near-term balance sheet paired $15.40M of current assets with $3.32M of current liabilities at the reporting date. At 4.64x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. The company held $1.00M in cash and equivalents, a narrower liquidity measure than total current assets. The cash balance equaled 30.2% of current liabilities, showing how much near-term coverage came from cash alone. Equity equaled 63.1% of assets, showing the shareholder-capital layer within the company’s balance sheet. The liabilities-to-assets relationship was 36.9%, placing reported obligations against the full positive asset balance. Measured against total assets, cash and equivalents represented 4.3%, a balance-sheet composition measure rather than a liquidity forecast.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $2.64M, showing that operations absorbed cash during the period. The company spent $49.59K on capital expenditures while operations also absorbed cash, so both ongoing activity and investment drew on liquidity during the period. Operating cash flow and capital spending combined to leave a $2.69M cash deficit after capital spending. Free-cash-flow margin was -19.9%, reflecting a cash deficit equal to 19.9% of revenue after capital spending. The cash deficit after capital spending represented 11.6% of the period-end asset base.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 21, 2026.