ATXG ADDENTAX GROUP CORP.

Overview and Growth

Fiscal 2026 results for ADDENTAX GROUP CORP. combined $5.37M of revenue with net loss of $4.47M and an operating cash outflow of $603.60K. Revenue of $5.37M sets the scale for evaluating how effectively sales translated into profit and cash during the year. Compared with $4.18M in fiscal 2025, revenue recorded a 28.5% year-over-year increase. The company reported diluted EPS of -$6.27, adding a shareholder-level measure to the absolute income figures considered below. A diluted share base of 713.14K links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Total assets stood at $29.25M, showing the scale of resources supporting revenue, earnings, liquidity, and financing. The revenue-to-assets relationship was 0.18x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $757.61K of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 14.1% of revenue, showing how much of the top line remained after direct costs. The company recorded an operating loss of $1.53M after the reported operating expense base. Relative to revenue, the operating deficit measured 28.5%, showing the shortfall after operating costs. The company ended the period with a net loss of $4.47M, extending the operating result through all remaining items. Measured against revenue, the bottom-line deficit represented 83.2% after all recognized items. Negative EBITDA totaled $971.36K, confirming that the earnings deficit remained before depreciation and amortization. Before income taxes, the company recorded a loss of $4.93M, bridging the operating result to the final net loss. Pretax margin was -91.8%, reflecting a pre-tax loss equal to 91.8% of revenue. Income tax expense totaled $4.11K, providing the reported tax component that separates pretax and after-tax earnings. Relative to period-end equity, the net loss represented 20.6%. Relative to total assets, the net loss represented 15.3%. The bottom-line deficit decreased from $5.09M in fiscal 2025 to $4.47M.

Liquidity and Capital Structure

At period end, the $29.25M asset base was financed through $7.57M of liabilities and $21.69M of equity. The near-term balance sheet paired $22.91M of current assets with $3.06M of current liabilities at the reporting date. The current ratio was 7.47x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $574.27K, identifying the most liquid reported component available within the broader current-asset balance. The cash balance equaled 18.7% of current liabilities, showing how much near-term coverage came from cash alone. The equity-to-assets relationship was 74.1%, placing book capital against the total resource base. Liabilities represented 25.9% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 2.0%, comparing reported cash and equivalents with the full positive asset balance. Compared with $49.17M in fiscal 2025, the current asset base moved 40.5% and finished lower. Against $21.73M of equity in fiscal 2025, the current book-equity balance moved 0.2% and ended lower. Cash and equivalents were 76.7% higher than fiscal 2025 cash of $324.95K, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Operating activities used $603.60K of cash, resulting in an operating cash outflow for the year. Capital expenditures used $180.89K in addition to the operating cash outflow, increasing the total cash consumed by operations and investment during the period. The company recorded a $784.50K cash deficit after capital spending for the period. The free-cash-flow deficit equaled 14.6% of revenue, showing the post-investment cash shortfall relative to sales. The cash deficit after capital spending represented 2.7% of the period-end asset base.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Sep 24, 2026.