YYAI on Nasdaq
AIRWA INC.
Price unavailable
Last updated Oct 16, 2026.
Overview
Compare with INTELLIGENT PROTECTION MANAGEMENT CORP., MindForge Inc. or Eva Live Inc, or pick any stock.
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
12.9%Gross margin2
-23.7%Operating margin2
-68.0%Net margin2
101.3%Revenue growth, 20262
-10.3%Return on equity2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Advertising brought in 46% of the revenue AIRWA INC. broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2025 | 2026 |
|---|---|---|
| Advertising | $12.0M | |
| Royalty | $12.8M | $7.2M |
| AI Services | $6.6M |
Regions
Singapore brought in 53% of the revenue AIRWA INC. broke down this way in fiscal 2026.
Regions by year
| Regions | 2025 | 2026 |
|---|---|---|
| Singapore | $13.7M | |
| Hong Kong | $5.3M | $4.7M |
| United States | $4.3M | $2.0M |
| United Kingdom | $3.2M | $1.5M |
| MY | $1.3M | |
| VN | $888.3K | |
| Brazil | $780.0K | |
| Taiwan | $651.7K | |
| PH | $180.0K |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue87¢$22.5M
- Other costs9¢$2.3M
- Income tax4¢$1.1M
Out of $25.8M in revenue.2 The company lost money this year.
Financial statements
Every line of the income statement in the latest annual report, as filed.2
| Period ending | 2026-04-30 | 2025-04-30 |
|---|---|---|
| REVENUE | $25.8M | $12.8M |
| COST OF REVENUE | $22.5M | $3.0M |
| GROSS PROFIT | $3.3M | $9.8M |
| Selling and marketing expenses | $746.2K | |
| General and administrative expenses | $8.7M | $3.3M |
| Total Operating Expenses | $9.5M | $3.3M |
| OPERATING (LOSS)/INCOME | -$6.1M | $6.6M |
| Overprovision of prior year income tax | $3.3M | |
| Shares guarantee income | $427.8K | $330.5K |
| Interest income | $72.7K | $65.4K |
| Total Non-Operating Income | $3.8M | $395.8K |
| Amortization of intangible assets | -$4.5M | |
| Impairment of intangible assets | -$7.5M | |
| Loss on write-off of investment | -$955.0K | |
| Impairment loss amount due from a director | -$2.6M | |
| Impairment loss other receivables | -$300.0K | |
| Loss on investments at fair value, net | -$427.8K | -$330.5K |
| Total Non-Operating Expense | -$16.3M | -$330.5K |
| NET (LOSS)/INCOME FROM OPERATIONS BEFORE INCOME TAX EXPENSE | -$18.6M | $6.6M |
| Income tax benefit/(expense) | $1.1M | -$2.0M |
| NET (LOSS)/INCOME | -$17.6M | $4.6M |
| NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST | -$1.1M | |
| NET (LOSS)/INCOME ATTRIBUTABLE TO CONTROLLING INTEREST | -$17.6M | $3.5M |
| Net (loss)/income per share - basic | -$752.73 | $10,842.51 |
| Net (loss)/income per share - diluted | -$752.73 | $10,842.51 |
| Weighted average common shares outstanding - basic | 23.3K shares | 322 shares |
| Weighted average common shares outstanding - diluted | 23.3K shares | 322 shares |
Every line of the balance sheet in the latest annual report, as filed.2
| Period ending | 2026-04-30 | 2025-04-30 | 2024-04-30 |
|---|---|---|---|
| Cash and cash equivalents | $12.8M | $54.7K | |
| Investment | $1.4M | ||
| Accounts receivable | $18.0M | $15.4M | |
| Contract costs | $6.5M | ||
| Right-of-use asset | $3.7K | ||
| Digital assets | $19.2M | ||
| Deposits | $310.6K | ||
| Prepayments | $1.2M | ||
| Other receivables | $1.3M | $2.7M | |
| Total Current Assets | $59.5M | $22.4M | |
| Property and equipment, net | $1.3M | ||
| Goodwill | $58.3M | ||
| Intangible assets, net | $91.3M | $10.5M | |
| Total Non-Current Assets | $150.9M | $10.5M | |
| TOTAL ASSETS | $210.4M | $32.9M | |
| Accounts payable | $5.0M | ||
| Accrued expenses | $3.5M | $2.4M | |
| Contract liabilities | $10.8M | ||
| Income taxes payable | $3.3M | ||
| Total Current Liabilities | $19.2M | $6.5M | |
| Deferred tax liabilities | $20.5M | ||
| Total Non-Current Liabilities | $20.5M | ||
| Total Liabilities | $39.8M | $6.5M | |
| Common stock, $0.001 par value; 1,000,000,000 shares authorized; approximately 52,678 and 364 shares issued and outstanding as of April 30, 2026 and 2025, respectively. | $52 | ||
| Additional paid-in capital | $182.0M | $19.2M | |
| (Accumulated deficit) retained earnings | -$11.4M | $6.1M | |
| Total AiRWA Inc. shareholders equity | $170.6M | $25.3M | |
| Non-controlling interest | $1.1M | ||
| Total Shareholders Equity | $170.6M | $26.4M | $21.7M |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | $210.4M | $32.9M | |
| Common stock, par value | $0.00 | $0.00 | |
| Common stock, shares authorized | 1.0B shares | 1.0B shares | |
| Common stock, shares issued | 52.7K shares | 364 shares | |
| Common stock, shares outstanding | 52.7K shares | 364 shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow in the latest annual report, as filed.2
| Period ending | 2026-04-30 | 2025-04-30 |
|---|---|---|
| Net (loss)/income | -$17.6M | $4.6M |
| Amortization expense on intangible assets | $8.5M | $3.0M |
| Depreciation of property and equipment | $305.6K | |
| Depreciation of Right-of-use asset | $159 | |
| Interest expense on lease liability | $30 | |
| Change in fair value of derivative liability | $4 | |
| Shares and warrants issued for services | $62.5K | |
| Loss on Financial Assets at FVTPL | $427.8K | $330.5K |
| Deferred income tax benefit | -$1.1M | |
| Overprovision of income tax payable | -$3.3M | |
| Impairment of intangible assets credit loss expense | $7.5M | |
| Loss on write-off of investment | $955.0K | |
| Impairment loss - amount due from related party | $2.6M | |
| Impairment loss - other receivable | $300.0K | |
| Accounts receivables | -$1.6M | -$12.1M |
| Other receivables | $576.9K | |
| Prepayments and deposits | -$735.4K | -$586.7K |
| Digital assets | -$19.2M | |
| Contract costs | -$3.8M | |
| Account payable | $5.0M | |
| Accrued expenses | $849.7K | $2.3M |
| Contract liabilities | $4.4M | |
| Lease liabilities | -$30 | |
| Income taxes payable | -$4.9M | $2.0M |
| Total adjustments | -$3.3M | -$5.0M |
| Net cash used in operating activities | -$20.9M | -$379.4K |
| Payment of increase in investment in subsidiary | -$36.0M | |
| Payment of acquisition of investment in subsidiaries | -$128.1M | |
| Net cash used in investing activities | -$164.1M | |
| Proceeds from private placement | $4.6M | |
| Proceeds from At-the-market transaction | $172.6M | |
| Proceeds from exercise of warrants for cash | $368 | |
| Proceeds from direct offering | $14.8M | |
| Proceeds from issue of shares | $5.8M | |
| Amount due from related party | -$330.5K | |
| Amount due to related party | $725.3K | |
| Net cash provided by financing activities | $197.7M | $394.8K |
| NET INCREASE IN CASH | $12.7M | $15.4K |
Former names
Recent filings
- Oct 14, 20268-K/A
- Sep 22, 202610-Q
- Sep 21, 202610-K
- Sep 17, 20263
- Sep 17, 20263
- Sep 17, 20263
- Sep 14, 2026NT 10-Q
- Aug 28, 20268-K
- Aug 19, 20268-K
- Aug 14, 20264 PRIMARY DOCUMENT
- Aug 11, 20263 PRIMARY DOCUMENT
- Aug 11, 20264 PRIMARY DOCUMENT
- Aug 7, 2026SCHEDULE 13D
- Aug 6, 20264 PRIMARY DOCUMENT
- Aug 6, 20263 PRIMARY DOCUMENT
Every filing from the last three years, summarized. The full record is on SEC EDGAR.1
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARAIRWA INC. filings on SEC EDGAR
- 2SEC EDGARAIRWA INC. 10-K for fiscal 2026
- 3SEC EDGARAIRWA INC. filings on SEC EDGAR
- 4SEC EDGARAIRWA INC. 10-K for fiscal 2019
- 5SEC EDGARAIRWA INC. 10-K for fiscal 2020
- 6SEC EDGARAIRWA INC. 10-K for fiscal 2021
- 7SEC EDGARAIRWA INC. 10-K for fiscal 2022
- 8SEC EDGARAIRWA INC. 10-K for fiscal 2023
- 9SEC EDGARAIRWA INC. 10-K for fiscal 2024
- 10SEC EDGARAIRWA INC. 10-K for fiscal 2019
- 11SEC EDGARAIRWA INC. 10-Q for fiscal 2025
- 12SEC EDGARAIRWA INC. 10-Q for fiscal 2026
- 13SEC EDGARAIRWA INC. 10-Q for fiscal 2026