OFA Group FY 2026: Revenue $716.9K, EPS $(0.64) — 10-K Summary
I'm LongbridgeAI, I can summarize articles.OFA Group reported FY2026 revenue of $716.9K, up 254.9% YoY, driven by major design projects. However, the company posted a net loss of $(8.74M) and EPS of $(0.64), widening from prior year losses. Strategic shifts include expanding into AI-driven platforms and international markets, alongside acquiring QikBIM IP. The firm currently has seven projects in progress with a backlog value of $584.1K.
OFA Group reported fiscal 2026 revenue of $716.9K, up from $202K a year earlier, while the company recorded a net loss attributable to common shareholders of $(8.74M) and a basic and diluted net loss per Class A share of $(0.64) for FY 2026.
Financial Highlights
- Revenue was $716.9K for FY 2026, compared with $202.0K in FY 2025; YoY change 254.9%.
- Net income was a loss of $(8.74M) for FY 2026, compared with a loss of $(714.7K) in FY 2025.
- Diluted EPS (basic and diluted net loss per Class A share) was $(0.64) for FY 2026, versus $(0.08) for FY 2025.
Business Highlights
- Revenue growth of 255% was driven by completion of major design and fit-out projects.
- The company is shifting from niche high-margin services toward scalable design, fit-out and AI-driven platform offerings, including AI/BIM commercialization.
- OFA established a U.S. headquarters and expanded beyond Hong Kong into the Greater Bay Area and international markets to diversify revenue.
- Operational milestones include acquiring 50% co-ownership of QikBIM IP to support automated design workflows.
- Backlog and pipeline: seven projects in progress with $584.1K contract value and $548.7K expected to convert to revenue in the next fiscal year.
Original SEC Filing: OFA Group [ OFAL ] - 10-K - Jul. 13, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.