UPYY
UPAY, Inc.1.4000
+0.0000+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
23.23MP/E (TTM)
-Basic EPS (TTM)
-0.03Dividend Yield
0%Recent Filings
10-Q
Q3 FY2026 results
UPAY posted Q3 revenue of $184.6K, up 22.8% y/y from $150.4K yet down q/q (derived), with gross profit climbing to $130K on tighter costs; nine-month revenue dipped 5.5% y/y to $543.9K. Operating loss narrowed to $113K from $151K y/y, but net loss exploded to $1.03M—driven by $904K loss on debt settlement via 800K shares issued. Cash edged to $67K, bolstered by $270K related-party financing against $128K total debt; operating cash burn eased to $259K (nine months). Debt reliance mounts. Customer concentration persists.
10-Q
Q2 FY2026 results
UPAY posted Q2 revenue of $188.9k, up 12% y/y from $168.1k on South African transactional growth, while gross profit hit $143.7k. Yet net loss narrowed to $117.3k from $191.3k, thanks to G&A expenses dropping to $247.3k from $300.9k. Cash fell to $35.5k amid $188.8k operating burn, offset by $170k related-party loans; total debt exceeds $600k, mostly related-party notes at 10%. Customer concentration persists, with two clients at 24% and 9% of H1 revenue. Losses shrink steadily. Controls remain weak.
10-Q
Q1 FY2026 results
UPAY posted Q1 FY2026 revenue of $170k, down 34% y/y from $257k yet gross profit climbed 4% to $128k on 75% margins versus 48%, trimming operating loss to $131k from $144k. Net loss narrowed to $142k, or $(0.01) per share on 16.8M diluted shares—consistent with weighted average. Cash burned $131k in operations but related-party notes added $120k; quarter-end cash sits at $44k against $775k liabilities, mostly related-party debt at 10%. Customer concentration persists, with top client at 25%. Revenues hinge on South African transactional volumes.
10-K
FY2025 results
UPAY's FY2025 revenue plunged 49% y/y to $715K from $1.4M, stung by losing a major customer that was 29% of FY2024 sales, while gross profit held at $444K amid cost cuts. Expenses dropped sharply 33% to $953K, trimming net loss to $540K ($0.03/share) from $736K. Cash drained to $55K with $765K operating burn, offset by $150K financing; related-party debt swelled to $301K at 10%. Acquisitions like Huntpal and AML GO fueled product development, but customer concentration lingers. Weak controls snag related-party tracking. Cash is king here.
10-Q
Q3 FY2025 results
UPAY's Q3 FY2025 revenue fell to $150k from $364k y/y, while gross profit dropped to $106k from $196k; yet operating loss narrowed to $151k from $297k as G&A expenses halved to $255k. Nine-month revenue slid to $576k from $1.1M y/y, with net loss steady at $501k versus $509k. Cash dwindled to $32k amid $742k operating burn, offset by $100k equity raise; related-party notes total $251k current, SBA loan $78k at 3.75% to 2050. Completed Huntpal LLC buyout June 2024 via 220k shares worth $147k. Customer concentration persists. Cash is tight.
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