Ankam, Inc. reported third-quarter results for the period ended May 31, 2026, with revenue of $44.9K and a net loss of $53474 resulting in diluted EPS of $(0.01). Revenue declined sharply versus the year‑ago quarter.
Financial Highlights
- Revenue was $44.9K for the quarter ended May 31, 2026, down from $165K in the year‑ago quarter (3Q 2025); YoY change (72.8%).
- Net income (loss) was a loss of $53,474 for the quarter ended May 31, 2026, versus net income of $55,687 in the year‑ago quarter (3Q 2025).
- Diluted earnings per share was $(0.01) for the quarter ended May 31, 2026, versus $0.01 in the year‑ago quarter (3Q 2025).
Business Highlights
- Revenue trend: Trailing six-month revenue fell from $240K in 2025 to $44.9K in 2026, reflecting reduced business volume and lower demand.
- Product portfolio: Continued development and cross-promotion of Expense Minder, MoneySaverApp and the Apex currency service aimed at driving user growth.
- Market expansion: Launched Mei Sheng Corporation Limited to expand presence in Hong Kong, Taiwan and surrounding Asian markets.
- Operations and costs: Increased operating activity with new director fees, higher professional fees and ongoing server and amortization costs to support app development.
Original SEC Filing:
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