Amesite Inc.: Annual report
Amesite reported higher revenue from its NurseMagic app and lower annual losses, but warned of substantial doubt regarding its ability to continue as a going concern.
Negative for the companyWhat the numbers say
Revenue rose 230% to $364.8K versus the prior year; operating margin widened from -3,262.4% to -861.7%; diluted EPS -$0.63 versus -$1.03; operating cash flow -$2.1M (a year earlier -$2.5M); free cash flow -$2.2M; cash was flat at $2.3M; diluted share count up 40% (dilution).
What happened
- Revenue rose to $364,777 for the year ended June 30, 2026, compared to $110,459 for the previous year, driven primarily by B2B license fee revenues from the NurseMagic app.
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