YYAI AIRWA INC.

Overview and Growth

Fiscal 2026 results for AIRWA INC. combined $25.81M of revenue with net loss of $17.56M and an operating cash outflow of $20.86M. At $25.81M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 101.3% above fiscal 2025 revenue of $12.82M, marking a year-over-year increase. Diluted earnings per share were -$752.73, translating the period’s attributable earnings into the amount reported for each diluted share. The per-share result recorded a 106.9% decrease from fiscal 2025 diluted EPS of $10842.51. The diluted weighted-average share count was 23.33K, linking total earnings with the per-share result received by shareholders. At period end, total assets were $210.36M, framing the scale of the company’s operating and financing commitments. Asset turnover was 0.12x, relating the company’s annual revenue directly to the total assets reported at the period end.

Profitability

The first profit layer was $3.34M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 12.9% of revenue, showing how much of the top line remained after direct costs. Operations produced a $6.12M operating loss before non-operating and tax effects. Relative to revenue, the operating deficit measured 23.7%, showing the shortfall after operating costs. The bottom-line result was a net loss of $17.56M after operating, financing, tax, and other recognized items. The net loss equaled 68.0% of revenue, showing the bottom-line deficit relative to the company’s sales base. The company reported negative EBITDA of $5.82M, adding a pre-interest, tax, depreciation, and amortization view of the operating shortfall. Before income taxes, the company recorded a loss of $18.64M, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 72.2%. The reported tax benefit was $1.08M, favorably bridging the pretax and after-tax results. The loss-to-equity relationship was 10.3%, placing the bottom-line deficit against shareholder capital. The loss-to-assets relationship was 8.3%, placing the bottom-line deficit against the company’s resource base. The bottom line deteriorated from $3.49M of income in fiscal 2025 to a $17.56M loss.

Liquidity and Capital Structure

At period end, the $210.36M asset base was financed through $39.79M of liabilities and $170.56M of equity. Current assets were $59.46M against $19.25M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 3.09x, leaving a positive buffer for near-term obligations. The company held $12.78M in cash and equivalents, a narrower liquidity measure than total current assets. Measured only with cash and equivalents, coverage of current liabilities was 66.4%, excluding receivables and other current assets. Equity equaled 81.1% of assets, showing the shareholder-capital layer within the company’s balance sheet. Liabilities represented 18.9% of total assets, quantifying the liability-funded share of the company’s resource base. Measured against total assets, cash and equivalents represented 6.1%, a balance-sheet composition measure rather than a liquidity forecast. Total assets were 539.3% higher than fiscal 2025 assets of $32.91M, measuring the company’s own balance-sheet change. Reported equity changed 545.6% from $26.42M in fiscal 2025, placing the current capital base higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was an outflow of $20.86M, showing that operations absorbed cash during the period. The operating cash outflow widened to $20.86M from $379.39K in fiscal 2025.

Based on the annual report for the fiscal year ending Apr 30, 2026. Analysis generated Oct 21, 2026.