Rocky Mountains Group Swings to $17,827 Loss in Nine Months as Revenue Drops 40%
Rocky Mountains Group, a Nevada-based small business, posted a net loss of $17,827 for the nine months ending February 28, 2026, reversing a $3,686 profit in the prior-year period. Revenue fell 40% to $15,000.
Rocky Mountains Group, a Nevada-based small business, posted a net loss of $17,827 for the nine months ending February 28, 2026, reversing a $3,686 profit in the same period a year earlier. Revenue fell 40% to $15,000 from $25,105, while operating expenses jumped 53% to $32,827 from $21,419. Read more earnings reports.
The company reported an operating loss of $17,827 for the nine-month period, a sharp reversal from operating income of $3,686 in the prior year. For the three months ending February 28, 2026, the company recorded a net loss of $5,528 compared to net income of $3,466 in the same quarter of fiscal 2025.
Quarterly Revenue Halves
Third-quarter revenue came in at $5,000, down 50% from $10,100 in the year-ago quarter. Operating expenses for the quarter rose 59% to $10,528 from $6,634, driving the quarterly operating loss of $5,528.
Cash and Assets Decline
Total assets stood at $19,049 as of February 28, 2026, down 55% from $42,276 at the end of fiscal 2025 on May 31, 2025. Cash and cash equivalents dropped to $13,449 from $37,114 over the same period. Property, plant, and equipment declined to $2,573 from $3,963.
Cash used in operations totaled $23,665 for the nine months, compared to cash generated from operations of $10,986 in the prior-year period.
Equity Erodes
Total stockholders' equity fell to $15,949 as of February 28, 2026, down 53% from $33,776 at the end of the prior fiscal year. Retained deficit widened to $45,395 from $27,568. Total liabilities decreased to $3,100 from $8,500.
The company had 23.2 million common shares outstanding at the end of the reporting period, unchanged from the prior fiscal year-end.
Financial Summary
| Period | Revenue | Operating Income (Loss) | Net Income (Loss) |
|---|---|---|---|
| Nine Months Ended Feb 28, 2026 | $15,000 | ($17,827) | ($17,827) |
| Nine Months Ended Feb 28, 2025 | $25,105 | $3,686 | $3,686 |
| Three Months Ended Feb 28, 2026 | $5,000 | ($5,528) | ($5,528) |
| Three Months Ended Feb 28, 2025 | $10,100 | $3,466 | $3,466 |
Rocky Mountains Group is classified as a non-accelerated filer and reports as a small business. The company is incorporated in Nevada.