Airwa Inc. income statement
In fiscal 2026, Airwa Inc. reported revenue of $25.8m, up 101.3% on the year before, operating income of −$6.1m (a -23.7% margin) and net income of −$17.6m, or −$752.73 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 | 2017Apr 2017 | 2018Apr 2018 | 2019Apr 2019 | 2020Apr 2020 | 2021Apr 2021 | 2022Apr 2022 | 2023Apr 2023 | 2024Apr 2024 | 2025Apr 2025 | 2026Apr 2026 | LTMJul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 1 | 11 | 16 | 10 | 5 | 13 | 26 | 44 |
| Cost of revenue | 0 | 0 | — | 1 | 8 | 12 | 7 | 1 | 3 | 22 | 37 |
| Gross profit | 0 | 0 | — | −1 | 3 | 4 | 3 | 4 | 10 | 3 | 7 |
| Research and development | — | — | — | 0 | 0 | 1 | 0 | — | — | — | — |
| Selling, general and administrative | — | 0 | — | — | — | — | — | — | — | — | — |
| Selling and marketing | — | — | — | 1 | 2 | 3 | 2 | 2 | — | 1 | 1 |
| General and administrative | 0 | — | 0 | 5 | 5 | 47 | 23 | 0 | 3 | 9 | 13 |
| Operating income | 0 | −0 | −0 | −7 | −4 | −47 | −22 | 4 | 7 | −6 | −8 |
| Interest expense | — | — | — | 1 | — | 0 | — | — | — | — | — |
| Income before tax | — | −0 | −0 | −9 | −19 | −47 | −25 | 4 | 7 | −19 | — |
| Income tax | — | — | — | — | — | — | — | 1 | 2 | −1 | −1 |
| Net income | 0 | −0 | −0 | −9 | −19 | −52 | −71 | 3 | 3 | −18 | −19 |
| Diluted EPS | $0.00 | $0.00 | $0.00 | −$1763.84 | −$3337.00 | −$160.41 | −$60597.34 | −$12429.17 | $10842.51 | −$752.73 | — |
| Diluted shares (average) | — | — | — | — | — | — | — | 30m | — | — | — |
| EBITDA | 0 | −0 | −0 | −7 | −4 | −47 | −10 | 5 | 10 | −6 | −8 |
| Quarter | 2025 Q2Oct 2024 | 2025 Q3Jan 2025 | 2025 Q4Apr 2025 | 2026 Q1Jul 2025 | 2026 Q2Oct 2025 | 2026 Q3Jan 2026 | 2026 Q4Apr 2026 | 2027 Q1Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 3 | 3 | 3 | 3 | 7 | 13 | 21 |
| Cost of revenue | 1 | 1 | 1 | 1 | 1 | 7 | 14 | 16 |
| Gross profit | 3 | 3 | 2 | 2 | 2 | 0 | −2 | 6 |
| Selling and marketing | 0 | — | — | — | 0 | 0 | 0 | 0 |
| General and administrative | 0 | 2 | 1 | 1 | 2 | 2 | 4 | 5 |
| Operating income | 2 | 1 | 1 | 1 | 0 | −2 | −6 | −0 |
| Interest expense | 0 | — | — | — | — | — | — | 0 |
| Income before tax | −1 | — | — | — | — | — | — | — |
| Income tax | 0 | 0 | 1 | 0 | 0 | 0 | −2 | 0 |
| Net income | −1 | −0 | 0 | 1 | −0 | −2 | −17 | −1 |
| Diluted EPS | $151.95 | −$1.41 | $10830.56 | $3464.10 | −$1.18 | −$0.05 | −$752.71 | −$9.63 |
| EBITDA | 3 | 1 | 2 | 2 | 1 | −1 | −8 | −0 |
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