EVOH
EvoAir Holdings Inc.23.00
+0.00+0%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
625.15MP/E (TTM)
-Basic EPS (TTM)
-0.24Dividend Yield
0%Recent Filings
10-Q
Q1 FY2026 results
EvoAir's Q1 FY2026 revenue fell 61% y/y to $20K while gross loss shrank 94% to $2K, lifting gross margin from -74% to -11%; operating loss narrowed 78% y/y to $1.0M on lower G&A after prior stock-based comp. Diluted EPS improved to -$0.04 from -$0.18 across 27.2M shares, matching net loss to equity holders of $978K. Cash dipped to $75K q/q with $35K operating burn, offset by shareholder advances to $2.8M at 3-8% rates; free cash flow not disclosed in the 10-Q. Massive $41M intangibles carry on, fueled by amortization. Losses persist.
8-K
Exec resigns, insiders step up
EvoAir Holdings' Secretary and Treasurer Low Wai Koon resigned November 12, 2025, with no disagreements cited. Board swiftly appointed Chan Kok Wei, already Group Managing Director and Director, as new Secretary; Ong Bee Chen, CFO and Director, as Treasurer. Smooth internal transition. Leadership continuity intact.
10-K
FY2025 results
EvoAir Holdings posted FY2025 revenue of $285K, down 9.5% y/y from $315K, with gross loss widening to $20K from $8K amid lower air-conditioner sales volumes offset by Ionic Nano Copper Zinc gains; operating loss shrank 43% to $15M, thanks to a smaller $6.9M intangible impairment versus $21M prior year, though stock-based consulting expenses rose. Net loss improved to $15M from $26M, fueled by shareholder loans totaling $1.2M. No quarterly breakdowns disclosed in the 10-K. Yet cash burn persists. Key risk: failure to innovate amid fierce HVAC competition.
10-Q
Q3 FY2026 results
EvoAir Holdings posted Q3 FY2026 revenue of $37K, down 58% y/y from $90K yet gross margins soared to 77% from 37% on lower-cost Ionic Nano Copper Zinc solution sales offsetting EvoAir AC weakness. Operating loss widened 24% y/y to $1.2M, driven by G&A surge from $3.3M nine-month stock-based comp; net loss hit $1.2M or $(0.04) diluted EPS, consistent with 27.2M shares. Cash dipped to $81K after $900K nine-month operating burn, propped by $972K shareholder loans amid $2.1M working capital deficit. Stock burns heavily. Going concern weighs heavy.
10-Q
Q2 FY2026 results
EvoAir swung to Q2 revenue of $71K, up 73% y/y, with gross profit of $1K versus a $46K loss—thanks to lower-cost Ionic Nano Copper Zinc sales—while six-month revenue dipped 7% y/y to $123K amid EvoAir AC softness, gross loss narrowed to 30% from 41%. Operating loss widened to $5.9M y/y on $3.3M stock-based comp, matching diluted EPS of -$0.22 across 26.5M shares. Cash ticked up to $199K on $11K operating cash flow; amounts due shareholders hit $1.95M at 3% interest. Deferred IPO costs swelled to $3.2M. Stock comp masks cash burn.
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