Galaxy Enterprises Posts $3,482 Net Loss in First Half of Fiscal 2026

Galaxy Enterprises Inc., a Wyoming-incorporated company, reported a net loss of $3,482 for the six months ended January 31, 2026, down 34% from the $5,303 loss in the same period a year earlier. The company generated no revenue during the period. Read more earnings reports.

General and administrative expenses totaled $3,482 for the six-month period, compared to $5,303 in the prior-year period. For the three months ended January 31, 2026, the net loss narrowed to $1,902 from $2,348 in the corresponding quarter of fiscal 2025.

Cash fell sharply to $50 as of January 31, 2026, down from $185 at the end of July 2025. The company used $135 in cash from operating activities during the six-month period, compared to $592 used in the prior-year period. Accounts payable and accrued liabilities decreased to $48,447 from $51,793 at the beginning of the fiscal year.

The accumulated deficit widened to $120,143 as of January 31, 2026, from $116,662 six months earlier. Total stockholder's equity stood at negative $36,743, compared to negative $33,262 at July 31, 2025.

Galaxy Enterprises had 4,170,000 common shares outstanding throughout both periods, with no new issuances during the six months ended January 31, 2026. Total assets were $15,185 as of January 31, 2026, down slightly from $15,050 at the start of the fiscal year, with prepayments and deposits accounting for the bulk of assets at $15,000.