Concrete Leveling Systems Swings to $862 Profit in H1 2026 After Year-Earlier Loss
Concrete Leveling Systems, a Nevada-based concrete repair company, reported net income of $862 for the six months ending January 31, 2026, reversing a $37,499 loss in the same period a year earlier. Revenue surged to $55,150 from $308.
Concrete Leveling Systems, Inc., a Nevada-based concrete repair and leveling company, posted net income of $862 for the six months ending January 31, 2026, a sharp reversal from a net loss of $37,499 in the same period a year earlier. The turnaround came as revenue climbed to $55,150 from just $308 in the prior-year period. Read more earnings reports.
The company generated operating income of $5,365 for the six-month period, compared with an operating loss of $32,320 a year earlier. Gross profit reached $54,089, up from $239 in the prior year, as the company kept cost of revenue at $1,061.
Operating expenses totaled $48,724 for the six months ending January 31, 2026, up from $32,559 in the year-earlier period. Selling, general and administrative expenses rose to $8,904 from $5,155.
For the three months ending January 31, 2026, the company reported a net loss of $15,817, compared with a loss of $12,696 in the same quarter a year earlier. Revenue for the quarter was $150, up from $125.
Cash and restricted cash on hand jumped to $19,749 as of January 31, 2026, from $824 at the end of the prior fiscal year on July 31, 2025. The company generated $20,059 in cash from operations during the six-month period, compared with cash used in operations of $210 in the prior-year period.
Total assets stood at $41,943 as of January 31, 2026, more than double the $19,479 reported at the end of fiscal 2025. Current liabilities rose to $662,730 from $641,128.
The company remains in a deficit equity position, with total stockholders' equity of negative $620,787 as of January 31, 2026, compared with negative $621,649 at the end of the prior fiscal year. Retained deficit narrowed slightly to negative $1,068,023 from negative $1,068,885.
Inventory held steady at $17,770 as of January 31, 2026, compared with $17,811 at the end of the prior fiscal year. The company added $1,033 in property, plant and equipment during the six-month period.
Financial Summary
| Period | Revenue | Gross Profit | Operating Income (Loss) | Net Income (Loss) |
|---|---|---|---|---|
| Six months ending Jan 31, 2026 | $55,150 | $54,089 | $5,365 | $862 |
| Six months ending Jan 31, 2025 | $308 | $239 | ($32,320) | ($37,499) |
| Three months ending Jan 31, 2026 | $150 | $138 | ($13,566) | ($15,817) |
| Three months ending Jan 31, 2025 | $125 | $115 | ($10,112) | ($12,696) |
Balance Sheet Highlights
| Item | As of Jan 31, 2026 | As of Jul 31, 2025 |
|---|---|---|
| Total Assets | $41,943 | $19,479 |
| Cash & Restricted Cash | $19,749 | $824 |
| Inventory | $17,770 | $17,811 |
| Current Liabilities | $662,730 | $641,128 |
| Total Stockholders Equity | ($620,787) | ($621,649) |
The company has 14,027,834 common shares outstanding. Diluted earnings per share were $0.00 for the six months ending January 31, 2026, compared with a loss of $0.00 per share in the prior-year period.