UPYY UPAY

Overview and Growth

In fiscal 2026, UPAY recorded $746.31K of revenue, net loss of $1.41M, and an operating cash outflow of $288.04K. Revenue of $746.31K sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $715.27K in fiscal 2025, revenue recorded a 4.3% year-over-year increase. On a per-share basis, diluted EPS was -$0.08, which connects the reported earnings outcome with the company’s diluted share count. Diluted shares averaged 17.27M; this is the reported share base over which the company’s diluted per-share earnings were spread. Total assets stood at $227.41K, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 3.28x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $547.51K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross margin was 73.4%, so that share of each revenue unit remained after the cost of revenue reported for the period. The reported operating result was an operating loss of $453.52K, reflecting costs that exceeded gross profit. An operating margin of -60.8% reflected costs exceeding revenue-level gross profit by 60.8% of sales. After all below-operating-line items, the company recorded a net loss of $1.41M for the fiscal year. Net margin was -188.5%, reflecting a loss equal to 188.5% of reported revenue. The company reported negative EBITDA of $446.60K, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. Before income taxes, the company recorded a loss of $1.41M, bridging the operating result to the final net loss. Pretax margin was -188.5%, reflecting a pre-tax loss equal to 188.5% of revenue. Income tax expense totaled $0.00, providing the reported tax component that separates pretax and after-tax earnings. Relative to total assets, the net loss represented 618.5%. The net loss widened to $1.41M from $540.06K in fiscal 2025.

Liquidity and Capital Structure

Total assets were $227.41K, supported by $741.27K of liabilities and -$513.86K of shareholder equity. Equity was negative at -$513.86K, meaning liabilities exceeded the residual book value available to shareholders and weakening balance-sheet resilience. At period end, current assets of $153.61K compared with current liabilities of $420.33K, defining the company’s short-term resource position. The current ratio was 0.37x; current liabilities exceeded current assets, leaving a short-term liquidity deficit. The company held $96.28K in cash and equivalents, a narrower liquidity measure than total current assets. Cash and equivalents represented 22.9% of current liabilities, showing the portion of near-term obligations matched by reported cash alone. The equity-to-assets relationship was -226.0%, placing book capital against the total resource base. Liabilities represented 326.0% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 42.3%, comparing reported cash and equivalents with the full positive asset balance. The asset base changed 2.9% from $234.15K in fiscal 2025, leaving current total assets lower year over year. Cash and equivalents were 73.9% higher than fiscal 2025 cash of $55.36K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities used $288.04K of cash, resulting in an operating cash outflow for the year. Capital spending of $1.99K added to the period’s operating cash use, reinforcing the overall cash deficit after investment for the year. Operating cash flow and capital spending combined to leave a $290.03K cash deficit after capital spending. Free-cash-flow margin was -38.9%, reflecting a cash deficit equal to 38.9% of revenue after capital spending. The free-cash-flow deficit equaled 127.5% of total assets, placing the cash shortfall against the company’s resource base.

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