Keemo Fashion Group Reports $30,239 Loss on Zero Revenue in H1 FY2026

Keemo Fashion Group Limited reported a net loss of $30,239 for the six months ending January 31, 2026, compared to a loss of $18,655 in the prior-year period. The company, a small fashion enterprise, generated no meaningful revenue during the period. Read more earnings reports.

Operating losses widened to $30,239 for the half-year, up from $18,655 a year earlier. Cost of revenue was negligible at $1, down from $4,991 in the prior period, reflecting the absence of sales activity. Gross profit turned negative at $1 compared to a positive $4,966 in the prior six months.

The company burned $47,982 in cash from operations during the six months, a sharp reversal from positive operating cash flow of $2,454 in the year-ago period. Cash from investing activities brought in $29,687, while financing activities contributed $37,125.

Total assets stood at $322,644 as of January 31, 2026, up from $26,279 a year earlier. The increase was driven largely by $293,498 in goodwill recorded during the period. Cash and cash equivalents totaled $22,696, compared to $21,875 at the end of January 2025.

The balance sheet showed total liabilities of $610,298, up from $85,154 six months earlier. Stockholders' equity remained deeply negative at $287,654, worsening from a deficit of $82,066 as of July 31, 2025. Retained earnings deficit expanded to $297,108 from $114,166 over the same period.

The company had 55 million shares outstanding as of January 31, 2026, unchanged from the prior quarter. Basic and diluted earnings per share both registered at $0.00 due to rounding, reflecting the loss spread across the large share count.

Financial Snapshot

The filing indicated the company is classified as a non-accelerated filer and qualifies as a small business under regulatory definitions.