AiRWA INC. income statement YYAI

Annual Quarterly

In Q4 of fiscal 2026, the quarter ended Apr 30, 2026, AiRWA INC. reported revenue of $12.8 million, up 327.8% from the same quarter a year earlier. It recorded a net loss of $17.0 million. The operating loss came to $6.1 million, an operating margin of -47.6%. Diluted earnings per share were $0.17.

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

Line	Q4 FY2026 Apr 30, 2026	Q3 FY2026 Jan 31, 2026	Q2 FY2026 Oct 31, 2025	Q1 FY2026 Jul 31, 2025	Q4 FY2025 Apr 30, 2025	Q3 FY2025 Jan 31, 2025	Q2 FY2025 Oct 31, 2024	Q1 FY2025 Jul 31, 2024
Revenue	13 +327.8%	7 +113.1%	3 -8.3%	3 -8.3%	3 -20.1%	3 +580.7%	3 +42.5%	3
Cost of revenue	14 +1834.8%	7 +784.4%	1 +0.0%	1 +0.0%	1 -0.0%	1 +416.0%	1 -54.9%	1
Gross profit	-2 -169.4%	0 -84.5%	2 -10.8%	2 -10.8%	2 -25.0%	3 +651.3%	3 +290.8%	3
Selling, general and administrative	5 +365.3%	2 -2.0%	2 +559.9%	1 +225.7%	1 +121.5%	2 +171.0%	0 -82.6%	0
Operating expenses	5 +365.3%	2 -2.0%	2	1	1	2	—	—
Operating income	-6 -576.6%	-2 -395.3%	0 -97.7%	1 -38.9%	1 -55.1%	1 +58.5%	2 +282.8%	2
Pretax income	—	—	—	—	—	—	-1 -177.5%	—
Income tax	-2 -322.1%	0 -77.9%	0	0	1	0	—	—
Net income	-17 -3003.6%	-2 -1132.9%	-0	1	1	0	—	—
Basic EPS	0.17 +125.8%	-0.05 +96.5%	-0.05 -100.8%	3,464.10 +1924400.0%	-0.65	-1.41 -554.8%	6.43 -83.4%	0.18
Diluted EPS	0.17 +125.8%	-0.05 +96.5%	-0.05 -100.8%	—	-0.65	-1.41 -2920.0%	6.43 +1431.0%	-1.91
Weighted average shares, basic	-101 -11140.9%	33 +11135.0%	4 +1329.6%	0 -100.0%	-1 -102.0%	0 -68.1%	0 +538.6%	12
Weighted average shares, diluted	-101 -11140.9%	33 +11135.0%	4 +1329.6%	0 -100.0%	-1 -102.8%	0 -94.4%	0 -93.0%	12
Other measures
Depreciation and amortization	—	—	—	0	—	—	—	—
EBITDA	—	—	—	2	—	—	—	—
Interest coverage	—	—	—	28.70x	—	—	—	—
Margins
Gross margin	-12.20%	5.61%	75.19%	75.19%	75.19%	77.26%	77.26%	77.26%
Operating margin	-47.55%	-22.46%	1.82%	49.71%	42.69%	16.20%	71.16%	74.55%
Pretax margin	—	—	—	—	—	—	-41.74%	—
Profit margin	-132.33%	-23.17%	-7.39%	42.03%	19.50%	4.78%	—	—
EBITDA margin	—	—	—	51.77%	—	—	—	—

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. 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.