Revenue: As of FY2026 Q1, the actual value is USD 307.89 K.EPS: As of FY2026 Q1, the actual value is USD -2.25.EBIT: As of FY2026 Q1, the actual value is USD -450.45 K.<h3>Segment Revenue</h3><ul><li>Freight Logistic Services: Revenue decreased by approximately $0.2 million, or 38.6%, to $0.3 million for the quarter ended September 30, 2025, from $0.5 million for the same period in 2024, primarily due to a decline in shipping revenue from PRC subsidiaries.</li></ul><h3>Operational Metrics</h3><ul><li>Net Loss: The company reported a net loss of approximately $9.5 million for the quarter ended September 30, 2025, compared to a net loss of $1.0 million for the same period in 2024.</li><li>Gross Margin: The gross margin was 3.4% for the quarter ended September 30, 2025, down from 6.5% for the same period in 2024, due to increased freight costs.</li><li>Operating Loss: Operating loss decreased by 44.9% to $564,846 for the quarter ended September 30, 2025, from $1,025,452 for the same period in 2024.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Used in Operating Activities: Approximately $1.3 million for the three months ended September 30, 2025, primarily due to a net loss of $9.5 million, offset by a class action settlement of approximately $8.9 million.</li><li>Net Cash Provided by Investing Activities: Approximately $0.1 million for the three months ended September 30, 2025, due to proceeds from the disposal of subsidiaries.</li><li>Net Cash Provided by Financing Activities: Approximately $0.7 million for the three months ended September 30, 2025, due to advances from a related party and loans from third parties.</li></ul><h3>Unique Metrics</h3><ul><li>Class Action Settlement Expenses: Recorded approximately $8.9 million in class action settlement expenses for the quarter ended September 30, 2025.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: The company is focusing on freight logistics services, including shipping and logistical support to steel companies, through its subsidiary, Trans Pacific Shipping Limited.</li><li>Non-Core Business: The company disposed of its subsidiary, New Energy Tech Limited, for $2.7 million, indicating a strategic move away from non-core business areas.</li><li>Priority: The company is attempting to alleviate going concern risks through equity or debt financing and reducing cash used in operating activities to meet anticipated working capital requirements for at least the next 12 months.</li></ul>

Singularity Future Tech | 10-Q: FY2026 Q1 Revenue: USD 307.89 K