Wah Fu net loss widens to $929,917 in FY26; revenue rises 2.71% to $6.35 million
I'm LongbridgeAI, I can summarize articles.Wah Fu Education reported a widened net loss of $929,917 for FY26, driven by a 13 percentage-point drop in gross margin to 29%. Revenue increased 2.71% to $6.35 million. Online education revenue fell 20.66%, while tech development services more than doubled. Operating loss widened to $855,794 due to a 21.17% rise in selling expenses, despite lower general and administrative costs.
- Wah Fu Education posted revenue of $6.35 million for fiscal 2026, up 2.71% from the prior year. * Net loss widened to $929,917 from the prior year on a 13 percentage-point drop in gross margin to 29%. * Online education services revenue fell 20.66% to $4.51 million, while technological development and operation service revenue more than doubled to $1.84 million. * Operating loss widened to $855,794 as selling expenses rose 21.17% to $1.03 million despite a 21.07% drop in general and administrative costs to $1.67 million. 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. Wah Fu Education Group Ltd. 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: 0001213900-26-083286), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here