Singularity Future Technology Ltd. income statement
In fiscal 2026, Singularity Future Technology Ltd. reported revenue of $1.7m, down 6.6% on the year before, operating income of −$2.0m (a -116.8% margin) and net income of −$5.9m, or −$12.96 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2011Jun 2011 | 2012Jun 2012 | 2013Jun 2013 | 2014Jun 2014 | 2015Jun 2015 | 2016Jun 2016 | 2017Jun 2017 | 2018Jun 2018 | 2019Jun 2019 | 2020Jun 2020 | 2021Jun 2021 | 2022Jun 2022 | 2023Jun 2023 | 2024Jun 2024 | 2025Jun 2025 | 2026Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 33 | 34 | 17 | 12 | 11 | 7 | 11 | 23 | 42 | 7 | 5 | 4 | 5 | 3 | 2 | 2 |
| Cost of revenue | 30 | 31 | 15 | 8 | 6 | 4 | 5 | 16 | 36 | 4 | 5 | 4 | 4 | 4 | 2 | 2 |
| Gross profit | 3 | 3 | 2 | 4 | 5 | 4 | 6 | 7 | 6 | 3 | 0 | −0 | 1 | −0 | 0 | 0 |
| Research and development | — | — | — | — | — | — | — | — | 0 | — | — | — | — | — | — | — |
| General and administrative | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 3 | 6 | 9 | 12 | 5 | 3 | 2 |
| Operating income | −2 | −3 | −2 | 0 | 1 | −1 | 3 | 1 | −6 | −18 | −11 | −23 | −15 | −6 | −3 | −2 |
| Interest expense | — | — | — | — | — | — | — | — | — | — | 0 | 0 | — | 0 | 0 | 0 |
| Provision for credit losses | — | — | — | — | — | — | — | 2 | 4 | — | — | — | — | — | — | — |
| Income before tax | −1 | −3 | −2 | 1 | 1 | −1 | 3 | 1 | −6 | −18 | −11 | −29 | −23 | −5 | −3 | −6 |
| Income tax | −0 | −0 | 0 | 0 | 0 | 1 | −0 | 1 | 1 | 0 | 0 | — | 0 | — | 0 | — |
| Net income | −1 | −2 | −2 | 2 | 1 | −2 | 4 | 0 | −7 | −18 | −11 | −28 | −23 | −5 | −4 | −6 |
| Diluted EPS | −$105.00 | −$0.30 | −$133.00 | $0.17 | $0.06 | −$0.12 | $0.20 | $14.00 | −$0.23 | −$2.39 | −$88.20 | −$1.58 | −$152.60 | −$28.70 | −$14.78 | −$12.96 |
| Diluted shares (average) | 8m | 8m | 13m | 13m | 18m | 25m | 26m | 34m | 41m | 49m | — | — | — | — | — | — |
| EBITDA | −1 | −3 | −2 | 0 | 1 | −1 | 3 | 1 | −6 | −17 | −10 | −22 | −14 | −6 | −3 | — |
| Quarter | 2025 Q1Sept 2024 | 2025 Q2Dec 2024 | 2025 Q3Mar 2025 | 2025 Q4Jun 2025 | 2026 Q1Sept 2025 | 2026 Q2Dec 2025 | 2026 Q3Mar 2026 | 2026 Q4Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 501 | 475 | 363 | 474 | 308 | 148 | 404 | 834 |
| Cost of revenue | 773 | 464 | 60 | 464 | 298 | 169 | 354 | 819 |
| Gross profit | −272 | 11 | 303 | 10 | 10 | −21 | 50 | 15 |
| Selling, general and administrative | — | 63 | 62 | — | — | — | — | — |
| General and administrative | 691 | — | — | 143 | 528 | 531 | 316 | 464 |
| Operating income | −1,025 | −685 | −1,182 | 180 | −565 | −601 | −315 | −498 |
| Interest expense | — | — | — | — | 114 | 76 | 26 | 91 |
| Income before tax | −1,004 | −337 | −1,011 | −932 | −9,482 | −676 | 4,509 | −261 |
| Net income | −962 | −328 | −1,670 | −952 | −9,474 | −666 | 4,513 | −256 |
| Diluted EPS | −$0.27 | −$0.09 | −$0.46 | −$13.95 | −$2.25 | −$0.12 | $0.83 | −$11.92 |
| EBITDA | −1,008 | −666 | −1,169 | 180 | — | — | — | — |
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