OFA Group Q1 FY27 net loss widens 10.03% to USD 1.9 million; revenue falls 21.5% to USD 14,879
OFAL•Q1 FY27 results
- OFA Group posted a net loss of USD 1.9 million for the three months ended June 30, 2026, widening 10.03%.
- Revenue fell 21.5% to USD 14,879, as design and fit-out revenue dropped 71.1% to USD 3,330.
- Gross profit rose 74.21% to USD 10,902; gross margin widened 40.25 percentage points to 73.27% on a shift to higher-margin services.
- Depreciation and amortization climbed to USD 924,586 from USD 40; operating loss widened 9.85% to USD 1.9 million.
- Unrestricted cash ended at USD 178,057; backlog totaled USD 615,538 across seven projects, with USD 569,840 expected to be recognized by March 31, 2027.
