AiRWA INC. income statement YYAI

Annual Quarterly

In fiscal 2026, which ended Apr 30, 2026, AiRWA INC. reported revenue of $25.8 million, up 101.3% from the year before. It recorded a net loss of $17.6 million. The operating loss came to $6.1 million, an operating margin of -23.7%. Diluted earnings per share were -$752.73. Across the 9 fiscal years shown, revenue grew from $14,700 in fiscal 2017 to $25.8 million in fiscal 2026, about 154.4% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

Line	FY 2026 Apr 30, 2026	FY 2025 Apr 30, 2025	FY 2024 Apr 30, 2024	FY 2023 Apr 30, 2023	FY 2022 Apr 30, 2022	FY 2021 Apr 30, 2021	FY 2020 Apr 30, 2020	FY 2019 Apr 30, 2019	FY 2018 Apr 30, 2018	FY 2017 Apr 30, 2017
Revenue	26 +101.3%	13 +146.7%	5 -47.6%	10 -38.4%	16 +49.0%	11 +1474.5%	1	0 -100.0%	0 -9.9%	0
Cost of revenue	22 +654.8%	3 +152.9%	1 -83.5%	7 -39.9%	12 +54.7%	8 +460.2%	1	—	0	0
Gross profit	3 -66.1%	10 +144.9%	4 +44.6%	3 -34.2%	4 +35.2%	3 +556.2%	-1	—	0 -9.9%	0
Research and development	—	—	—	0 -91.1%	1 +116.9%	0 +88.6%	0	—	—	—
Selling, general and administrative	9 +190.1%	3 +88.6%	2 -93.0%	25 -50.8%	50 +670.9%	7 +11.2%	6 +20593.8%	0 +607.2%	0	—
Operating expenses	9 +190.1%	3	—	25 -51.4%	51 +643.5%	7	—	—	—	—
Operating income	-6 -193.1%	7 +70.7%	4 +117.6%	-22 +53.0%	-47 -1153.4%	-4 +46.1%	-7 -24352.0%	-0 -263.6%	-0 -305.2%	0
Pretax income	-19 -380.5%	7 +71.8%	4 +115.3%	-25 +45.7%	-47 -150.2%	-19 -101.5%	-9 -32519.5%	-0	—	—
Income tax	-1 -153.7%	2	—	—	—	—	—	—	—	—
Net income	-18 -603.0%	3 +33.0%	3 +103.7%	-71 -37.4%	-52 -178.4%	-19 -101.5%	-9 -32519.5%	-0 -263.6%	-0 -305.2%	0
Basic EPS	-752.73 -106.9%	10,842.51 +4714034.8%	0.23 +100.0%	-5,084.58 -37675.5%	-13.46	—	—	—	—	—
Diluted EPS	-752.73	—	-32.44 +99.4%	-5,084.58	—	—	—	—	—	—
Weighted average shares, basic	0 +7145.0%	0 -100.0%	12 +82870.0%	0 -99.6%	4	—	—	—	6 +16.2%	5
Weighted average shares, diluted	0 +7145.0%	0 -100.0%	12 +82870.0%	0	—	—	—	6	—	—
Other measures
Depreciation and amortization	0	—	—	—	—	—	0 -75.0%	0 -59.4%	0 +886.4%	0
EBITDA	-6	—	—	—	—	—	-7 -25247.1%	-0 -413.5%	-0 -231.5%	0
Interest coverage	—	—	—	—	-443.36x	—	-12.06x	—	—	—
Margins
Gross margin	12.93%	76.78%	77.35%	28.00%	26.24%	28.91%	-99.79%	—	100.00%	100.00%
Operating margin	-23.73%	51.33%	74.18%	-221.30%	-290.06%	-34.49%	-1,008.08%	—	-58.76%	25.80%
Pretax margin	-72.23%	51.84%	74.46%	-254.74%	-288.93%	-172.11%	-1,344.80%	—	—	—
Profit margin	-68.04%	27.24%	50.53%	-717.07%	-321.52%	-172.11%	-1,344.80%	—	-58.76%	25.80%
EBITDA margin	-22.54%	—	—	—	—	—	-1,008.04%	—	-40.14%	27.50%
Effective tax rate	—	30.27%	—	—	—	—	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry: Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as: YYAI (Nasdaq)
Fiscal year ends: April 30
Incorporated in: DE
Headquarters: Smyrna, DE
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1674440
Former names: Connexa Sports Technologies Inc. (until Oct 6, 2025); Slinger Bag Inc. (until May 2, 2022); LAZEX INC. (until Sep 19, 2019)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.