Haoxi Health Technology Ltd: Annual report (foreign issuer)
Haoxi Health Technology reported strong revenue growth for fiscal 2026 but swung to a net loss amid rising operating expenses and heavy supplier concentration.
Mixed for the companyWhat the numbers say
Revenue rose 67% to $54.8M versus the prior year; operating margin narrowed from -6.1% to -17.6%; diluted EPS -$386.40 versus $3,385.53; operating cash flow -$2.6M (a year earlier -$3.4M); cash rose by $2.3M to $10.9M while debt fell by $317K; diluted share count up 2,537% (dilution).
What happened
- Total revenue increased by $22.02 million, or 67.14%, to $54.83 million for the fiscal year ended June 30, 2026 from $32.80 million in fiscal 2025.
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