Connexa Sports Technologies Inc. (YYAI) Financial Statements (2026 and earlier)
Company Profile
| Business Address |
74 E. GLENWOOD AVE. #320 SMYRNA, DE 19977 |
| State of Incorp. | DE |
| Fiscal Year End | April 30 |
| Industry (SIC) | 737 - Computer Programming, Data Processing, And Other Computer Related Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 1/31/2026 MRQ | 4/30/2025 | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,438 | 16,730 | 202 | 1,424 | 929 | 80 | |||
| Cash and cash equivalent | 55 | 230 | 202 | 1,424 | 929 | 80 | |||
| Short-term investments | 1,383 | 16,500 | |||||||
| Restricted cash and investments | 157 | ||||||||
| Receivables | 15,389 | 274 | 400 | 1,322 | 762 | ||||
| Inventory, net of allowances, customer advances and progress billings | 1,609 | 3,190 | 8,185 | 3,693 | 920 | ||||
| Inventory | 1,609 | 3,190 | 8,185 | 3,693 | 920 | ||||
| Prepaid expense | |||||||||
| Derivative instruments and hedges, assets | 236 | ||||||||
| Deposits current assets | |||||||||
| Other current assets | 2,742 | ||||||||
| Other undisclosed current assets | 2,828 | 1,009 | 1,200 | 1,502 | 200 | 382 | |||
| Total current assets: | 22,396 | 19,622 | 4,992 | 12,826 | 5,585 | 1,381 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 15 | 174 | |||||||
| Intangible asset, including goodwill, after accumulated amortization, including: | 10,510 | 1 | 101 | 56,960 | 113 | ||||
| Goodwill | 32,643 | ||||||||
| Intangible asset, excluding goodwill, after accumulated amortization | 10,510 | 1 | 101 | 24,317 | |||||
| Other undisclosed intangible asset, including goodwill, after accumulated amortization | 113 | ||||||||
| Derivative instruments and hedges | 209 | ||||||||
| Other undisclosed noncurrent assets | 2,000 | 2,000 | 4,694 | ||||||
| Total noncurrent assets: | 10,510 | 2,001 | 2,116 | 62,037 | 113 | ||||
| TOTAL ASSETS: | 32,906 | 21,623 | 7,108 | 74,863 | 5,698 | 1,381 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 2,428 | 8,110 | 10,408 | 12,067 | 2,031 | 989 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | 748 | 139 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | 1,283 | ||||
| Accounts payable | 4,705 | 5,497 | 6,465 | ||||||
| Accrued liabilities | 2,428 | 3,405 | 4,912 | 5,602 | |||||
| Other undisclosed accounts payable and accrued liabilities | 850 | ||||||||
| Deferred revenue | 2,657 | 100 | |||||||
| Debt | 4,639 | 253 | 82 | ||||||
| Derivative instruments and hedges, liabilities | 5 | 10,490 | 5,444 | 13,813 | 620 | ||||
| Business combination, contingent consideration, liability | 418 | 1,334 | |||||||
| Other liabilities | 256 | 23 | 157 | ||||||
| Due to related parties | ✕ | ✕ | ✕ | 909 | 6,143 | 377 | |||
| Other undisclosed current liabilities | 4,059 | 3,652 | 2,428 | 11,774 | 1,798 | 2,418 | |||
| Total current liabilities: | 6,487 | 12,023 | 23,767 | 38,981 | 24,138 | 4,487 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 10 | 394 | |||||||
| Long-term debt, excluding current maturities | 10 | 394 | |||||||
| Liabilities, other than long-term debt | 3,370 | ||||||||
| Deferred revenue | 1,370 | ||||||||
| Due to related parties | ✕ | ✕ | ✕ | 2,000 | |||||
| Other undisclosed noncurrent liabilities | 1,954 | 1,494 | |||||||
| Total noncurrent liabilities: | 1,954 | 3,370 | 10 | 1,888 | |||||
| Total liabilities: | 6,487 | 12,023 | 25,721 | 42,351 | 24,148 | 6,375 | |||
| Equity | |||||||||
| Equity, attributable to parent | 25,276 | 9,600 | (18,614) | 32,512 | (18,451) | (4,994) | |||
| Common stock | 15 | 2 | 14 | 4 | 28 | 25 | |||
| Additional paid in capital | 19,139 | 176,801 | 132,981 | 113,050 | 10,365 | 5,215 | |||
| Accumulated other comprehensive income (loss) | 184 | 143 | 55 | (20) | (5) | ||||
| Retained earnings (accumulated deficit) | 6,123 | (167,387) | (151,751) | (80,597) | (28,823) | (10,229) | |||
| Equity, attributable to noncontrolling interest | 1,142 | ||||||||
| Total equity: | 26,419 | 9,600 | (18,614) | 32,512 | (18,451) | (4,994) | |||
| TOTAL LIABILITIES AND EQUITY: | 32,906 | 21,623 | 7,108 | 74,863 | 5,698 | 1,381 | |||
Income Statement (P&L) ($ in thousands)
| 1/31/2026 TTM | 4/30/2025 | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 12,818 | 8,398 | 9,923 | 16,831 | 10,804 | 686 | ||
| Cost of revenue (Cost of Product and Service Sold) | (2,977) | (5,004) | (7,144) | (12,347) | (7,680) | (1,371) | ||
| Gross profit: | 9,841 | 3,394 | 2,778 | 4,485 | 3,124 | (685) | ||
| Operating expenses | (3,261) | (9,837) | (24,737) | (56,413) | (6,850) | (6,233) | ||
| Operating income (loss): | 6,580 | (6,443) | (21,959) | (51,928) | (3,727) | (6,917) | ||
| Nonoperating income (expense) | 65 | (9,193) | (3,319) | 154 | (14,868) | (2,311) | ||
| Other nonoperating income (expense) | 65 | |||||||
| Interest and debt expense | (105) | (51) | (573) | |||||
| Income (loss) from continuing operations before equity method investments, income taxes: | 6,645 | (15,636) | (25,278) | (51,879) | (18,646) | (9,801) | ||
| Other undisclosed income from continuing operations before income taxes | 105 | 51 | 573 | |||||
| Income (loss) from continuing operations before income taxes: | 6,645 | (15,636) | (25,278) | (51,774) | (18,595) | (9,228) | ||
| Income tax expense | (2,012) | |||||||
| Income (loss) from continuing operations: | 4,633 | (15,636) | (25,278) | (51,774) | (18,595) | (9,228) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | ✕ | (18,595) | (9,228) | |
| Loss from discontinued operations | (45,876) | |||||||
| Net income (loss): | 4,633 | (15,636) | (71,154) | (51,774) | (18,595) | (9,228) | ||
| Net loss attributable to noncontrolling interest | (1,142) | |||||||
| Net income (loss) available to common stockholders, diluted: | 3,491 | (15,636) | (71,154) | (51,774) | (18,595) | (9,228) | ||
Comprehensive Income ($ in thousands)
| 1/31/2026 TTM | 4/30/2025 | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 4,633 | (15,636) | (71,154) | (51,774) | (18,595) | (9,228) | ||
| Other comprehensive income | 41 | |||||||
| Other undisclosed comprehensive income | 18,580 | 9,223 | ||||||
| Comprehensive income (loss): | 4,633 | (15,595) | (71,154) | (51,774) | (15) | (5) | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (1,142) | |||||||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 1,142 | 88 | 75 | (18,595) | (9,228) | |||
| Comprehensive income (loss), net of tax, attributable to parent: | 4,633 | (15,595) | (71,066) | (51,699) | (18,610) | (9,233) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.