Earnings ·
Ruanyun Edai Technology Inc. reported fiscal 2026 results ending March 31, 2026, showing an 11.9% revenue increase to…
RYETRuanyun Edai Technology Inc.
Ruanyun Edai Technology Inc. reported fiscal 2026 results ending March 31, 2026, showing an 11.9% revenue increase to $7.48 million, driven by campus operations and student-life services which contributed $5.72 million (76.4% of total revenue). The company returned to positive equity with $5.28 million in total equity and $3.28 million in working capital, alongside $4.08 million in cash. However, net loss widened significantly to $7.91 million from $0.52 million in fiscal 2025 due to lower gross margins and increased operating expenses, including higher selling, general, and administrative costs following its IPO. The company also raised approximately $1.73 million in a private placement after year-end and plans to transition its name to Formind Group. Ruanyun Edai Technology Inc. operates as an AI-driven education and technology company focused on intelligent content recognition and educational support services.