OFA Group Q1 FY27 net loss widens 10.03% to USD 1.9 million; revenue falls 21.5% to USD 14,879
Reuters2026/08/14 20:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- OFA Group posted a net loss of USD 1.9 million for the three months ended June 30, 2026, widening 10.03%.
- Revenue fell 21.5% to USD 14,879, as design and fit-out revenue dropped 71.1% to USD 3,330.
- Gross profit rose 74.21% to USD 10,902; gross margin widened 40.25 percentage points to 73.27% on a shift to higher-margin services.
- Depreciation and amortization climbed to USD 924,586 from USD 40; operating loss widened 9.85% to USD 1.9 million.
- Unrestricted cash ended at USD 178,057; backlog totaled USD 615,538 across seven projects, with USD 569,840 expected to be recognized by March 31, 2027.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OFA Group published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-038403), on August 14, 2026, and is solely responsible for the information contained therein.
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