Birdie Win reported six-month revenue of $0.01 million (US$10,000), down from $20,000 a year earlier, and a net loss of $0.016524 million, equivalent to $(0.00) per share, reflecting reduced seminar activity and higher professional costs. The company recognized revenue net of cost of services and recorded a loss from operations of $16,524 for the period. Management flagged ongoing reliance on seminar delivery for near-term revenue and noted risks to forward performance.
Financial Highlights
- Revenue: $0.010 million for the six months ended Jan 31, 2026 (US$10,000), down from $20,000 prior year.
- Gross Profit: $0.010 million (revenue recognized net of cost of services; gross profit not separately disclosed).
- Operating Income (Loss): $(0.016524) million (loss from operations of $16,524).
- Net Income (Loss): $(0.016524) million (net loss of $16,524).
- Net loss per common share: $(0.00) (basic and diluted).
Business Highlights
- Revenue Trend: Revenue declined 50% year-over-year as seminar delivery decreased.
- Service Channel: Core offering remains one-on-one Personal Financial Literacy seminars delivered in Malaysia and Hong Kong.
- Operational Activity: Seminar volume fell from four to two over the six-month period, indicating reduced client engagement or sales throughput.
- Operational Costs: Operating expenses increased due to higher consultancy and professional fees, which pressured profitability.
- Forward Outlook: Management highlighted reliance on seminar delivery for near-term revenue and noted forward-looking risks that could affect future operational performance.
Original SEC Filing:
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