Armlogi net loss widens to US$20.87 million in FY26; revenue falls 2.4% to US$185.84 million
BTOC•Armlogi Holding reported fiscal 2026 revenue of US$185.84 million, down 2.4%, and a net loss of US$20.87 million. Cash and restricted cash fell to US$6.54 million, and management flagged substantial doubt about the company’s ability to continue as a going concern.
1. Fiscal 2026 results
Armlogi Holding reported revenue of US$185.84 million for fiscal 2026, down 2.4%, as its net loss widened to US$20.87 million and its loss per share widened to US$0.47. Gross profit was US$424,836, compared with a gross loss a year earlier, and gross margin was 0.2%, versus -1.6%.
2. Revenue and cash
Transportation services revenue fell 14.5% to US$108.62 million, while warehousing services revenue rose 21.9% to US$77.15 million. Cash and restricted cash declined to US$6.54 million from US$13.58 million, and management flagged substantial doubt about going concern.
