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YYAI · 10-Q filed March 17, 2026

YYAI earnings analysis

What we found in YYAI's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.

Our reading of the filing · Free to read, no account needed

AiRWA, Inc. reported significant growth in revenue for the third quarter of fiscal year 2026, with total revenue reaching approximately $7 million, a 113% increase compared to the prior year. However, the company experienced an operating loss, attributed to steep increases in costs associated with its new advertising business. Management highlighted ongoing investments in technology and a new digital asset exchange as key growth drivers moving forward.

What stood out

The parts that mattered.

Pulled out of the filing itself, with the figures the company reported.

Revenue Increase YoY
Revenue surged to $6.97 million in Q3 2026, a 113% increase from $3.27 million in Q3 2025.
Operating Loss In Line with Trends
Operating loss was $(1.57) million for Q3 2026, compared to a gain of $0.53 million in Q3 2025.
Increased Cash Position
Cash and cash equivalents increased to $35.71 million from $54,744 as of April 30, 2025.
Significant Growth in Accounts Receivable
Accounts receivable rose to $16.25 million from $15.39 million, reflecting higher sales.
Capex and Investment Activities
Net cash used in investing activities reached $(165.80) million due to acquisitions and other investments.
Growth in New Revenue Streams
Advertising and AI services accounted for 44% of total revenue in Q3 2026.
What to watch

And the other side of it.

The offsets in the same document — the things a summary that only listed the good news would have left out.

Substantial Increase in Operating Expenses
Operating expenses surged to $4.92 million for Q3 2026, up 115% from the prior year.
High Customer Concentration
Customer concentration increased, with three major customers representing 83% of total receivables as of January 31, 2026.
Significant Cash Burn Rate
The company recorded a cash outflow from investing activities of $(165.80) million in the nine-month period.
The numbers

What they reported.

What the company itself reported, taken out of the document.

What survived to operating profit
Of every $100 of revenue Cost of sales $95 Operating expenses $28 Left as operating profit $-23
Percentages of revenue, taken from the filing. Drawn this way because it holds whatever scale the company reports in.
Earnings per share
$-0.05
Gross margin
5.6%
Operating margin
-22.5%
Segment
Advertising income: $5.72 million
Segment
Royalty income: $7.25 million
Guidance

What they said about what is next.

Outlook deferred to earnings press release / call.

How we read the filing overall

The filing reads about the same as the one before it.

One reading of one document. It is not advice, and it is not a forecast.
Earlier filings

What came before.

10-Q · December 23, 2025
AiRWA, Inc. reported a mixed performance for the quarter ended October 31, 2025, with revenues of $3 million, consistent with the prior quarter but a decline from the previous year. Operating income saw a significant…
10-Q · September 15, 2025
Connexa Sports Technologies Inc. reported mixed results for its fiscal Q4 2025, with total revenue declining 8% year-over-year to $3 million. Operating expenses surged dramatically due to increased administrative costs,…
10-K · August 13, 2025
YYAI has made significant strides in revenue generation, driven primarily by licensing agreements and expansion efforts in the matchmaking technology sector. While the company reported total revenue of $12.8 million for…

This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.

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We read every filing YYAI makes the day it lands, and put it next to what the options market did about it. Members get both, and an alert when a filing arrives.

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