BlueOne net loss widens to $4.1 million in FY26; revenue rises to $260,013

BlueOne Technologies posted a net loss of $4.1 million for fiscal 2026, widening from a net loss of $1.18 million a year earlier.

Revenue totaled $260,013, generated from implementation services and subscriptions; there was no revenue from prepaid debit card sales.

Business updates included the Millennium EBS acquisition shift to payment hub and ISO 20022 work, plus an investor dispute tied to a $1 million commitment.

Operating expenses climbed to $4.22 million from $1.24 million, driven primarily by $2.84 million higher amortization of internal-use software.

Net cash used in operating activities increased to $571,105 from $317,295, while cash and cash equivalents ended the year at $177,159.