OYOCAR GROUP Reports Zero Revenue, $22.5K Net Loss in H1 FY2026

OYOCAR GROUP INC., a Nevada-incorporated company, reported no revenue for the six months ending February 28, 2026, compared with $44,085 in the same period a year earlier. The company posted a net loss of $22,529 for the period, narrowing 32% from a loss of $33,267 in the prior-year period. Read more earnings reports.

For the three months ending February 28, 2026, the company reported zero revenue and a net loss of $7,292, compared with revenue of $44,085 and a loss of $2,294 in the quarter ending February 28, 2025.

Operating expenses for the six-month period totaled $22,529, down 36% from $35,390 in the year-earlier period. For the December 2025 quarter alone, operating expenses reached $7,292, up 65% from $4,417 in the December 2024 quarter.

The company's cash position deteriorated sharply, falling 99.8% to $78 as of February 28, 2026, from $40,630 six months earlier. Total assets declined 93% to $3,134 from $43,180 over the same period.

Cash used in operations for the six-month period was $34,535, compared with $33,166 in the prior year. Cash from financing activities showed a negative $6,017 for the current period, compared with zero in the year-earlier period.

Total liabilities decreased to $9,875 as of February 28, 2026, from $27,392 six months prior. Accounts payable fell to zero from $11,500. Stockholders' equity swung to negative $6,741 from positive $15,788 at the end of August 2025.

The company's retained earnings deficit widened to $85,771 from $63,242 over the six-month period. Common shares outstanding remained flat at 15,337,250 shares.

Financial Summary