NaturalShrimp Posts $2.8M Net Loss on Scant Revenue in Q1 Fiscal 2026
NaturalShrimp Incorporated reported a net loss of $2.8 million for the quarter ending June 30, 2025, on revenue of just $36,618. Cash holdings collapsed to $4,978 as operating expenses exceeded $2 million.
NaturalShrimp Incorporated burned through cash and posted a $2.8 million net loss for the three months ending June 30, 2025, as the company generated minimal sales while operating expenses topped $2 million. Read more earnings reports.
Revenue for the quarter totaled $36,618, producing a gross profit of $1,886 after cost of goods sold of $34,732. Operating expenses of $2.1 million drove an operating loss of $2.1 million.
The company's cash position deteriorated sharply during the quarter. Cash and restricted cash fell from $115,525 at March 31 to $4,978 at June 30, a decline of more than 95 percent in three months.
Operating activities consumed $806,385 in cash during the quarter. The company received $685,838 from financing activities and $10,000 from investing activities. NaturalShrimp paid dividends of $75,097 during the period.
The net loss of $2.8 million matched the company's loss from the same quarter a year earlier. Basic and diluted loss per share rounded to zero based on 1.17 billion weighted average shares outstanding.
Total assets stood at $35.7 million as of February 28, 2025, with property, plant and equipment accounting for $35.8 million of the asset base as of March 31. The company had 1.28 billion shares outstanding as of the end of the reporting period.
| Metric | Q1 FY2026 (Apr-Jun 2025) | Q1 FY2025 (Apr-Jun 2024) |
|---|---|---|
| Total Revenue | $36,618 | — |
| Gross Profit | $1,886 | — |
| Operating Loss | ($2,063,542) | — |
| Net Loss | ($2,802,548) | ($2,802,548) |
| Cash (period end) | $4,978 | — |
| Operating Cash Flow | ($806,385) | — |
NaturalShrimp is incorporated in Nevada and files as a non-accelerated filer with small business status.