Cannabis Suisse swings to FY26 net income of $122,739; revenue falls 7% to $21,000
CSUI•Cannabis Suisse reported net income of $122,739 for the year ended May 31, 2026, while revenue fell 7% to $21,000 and management flagged substantial doubt about the company’s ability to continue as a going concern.
1. Annual results
Cannabis Suisse reported net income of $122,739 for the year ended May 31, 2026, swinging from a net loss. Revenue fell 7% to $21,000; rental revenue costs of $21,931 resulted in a gross loss of $931.
2. Costs and liquidity
Operating expenses fell 7% to $266,888, mainly due to lower general and administrative costs tied to a lease that expired in January 2026. Other income was $390,558, compared with other expense in the prior period, as the company recognized no loss on settlement of debt. Cash was $476 at year-end, and the working capital deficit widened to $512,212; management flagged substantial doubt about the company’s ability to continue as a going concern.
