Guru App Factory Corp reported third-quarter fiscal 2026 results in its 10-Q, posting revenue of $13K for the quarter ended April 30, 2026, and a net loss of $4044; diluted EPS was $(0.00), broadly unchanged from the year-ago quarter.
Financial Highlights
- Revenue: $13K for the quarter ended Apr 30, 2026 (3Q FY2026), compared with $0 in the year-ago quarter (3Q FY2025).
- Net income: Net loss of $4,044 for the quarter ended Apr 30, 2026, versus net loss of $23,484 in the year-ago quarter.
- Diluted EPS: $(0.00) for the quarter ended Apr 30, 2026, unchanged from $(0.00) in the year-ago quarter.
Business Highlights
- Revenue for the nine months ended Apr 30, 2026 declined to $39K from $94.5K a year earlier, driven by fewer large development orders.
- Primary revenue continues to come from third-party app development and in-app sales; consulting and encryption services have reduced to negligible levels.
- Cost of revenue fell in line with lower project volume, while operating expenses remained stable due to ongoing G&A and professional fees.
- Company continues to focus on mobile app development (iOS/Google Play), branded ads and in-app purchases and monitors download metrics.
- Management plans to pursue additional capital and rely on support from a major shareholder to sustain operations and pursue projects.
Original SEC Filing:
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.