Ankam turns to Q2 FY26 net loss of $53,474; revenue falls to $44,900
Reuters2026/07/22 15:18By:Reuters
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- Ankam posted a net loss of USD 53,474 for the quarter ended May 31, 2026, swinging from a net profit of USD 55,687 a year earlier.
- Revenue fell 72.79% to USD 44,900 from the year-ago quarter’s USD 165,000.
- Operating expenses rose to USD 98,357 from USD 46,313, driven by director fees and professional fees that were nil a year earlier.
- For the six months ended May 31, 2026, the net loss widened to USD 256,592 from a net profit of USD 45,106 a year earlier as revenue dropped to USD 44,900 from USD 240,000.
- As of May 31, 2026, assets totaled USD 31,880 against liabilities of USD 679,733, including USD 489,380 due to a director.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ankam Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-005694), on July 22, 2026, and is solely responsible for the information contained therein.
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