Transglobal Management Group Posts $1.69M Net Loss in Q3 FY2026

Transglobal Management Group, Inc., a Florida-based management company, reported a net loss of $1.69 million for the three months ending February 28, 2026, compared to a net loss of $108,693 in the same quarter of the prior year. The company generated $448,311 in revenue during the quarter, its first revenue reported for a Q3 period. Read more earnings reports.

For the nine months ending February 28, 2026, the company posted a net loss of $6.26 million on revenue of $475,431. This compares to a net loss of $469,011 on zero revenue for the nine-month period ending February 28, 2025.

Operating expenses surged to $441,210 for the three months ending February 28, 2026, up from $23,214 in the year-earlier quarter. For the nine-month period, operating expenses totaled $914,758, compared to $148,568 in the prior-year period. The company reported an operating loss of $322,332 for the most recent quarter and $768,760 for the nine-month period.

Cost of revenue for the three months ending February 28, 2026 was $329,433, resulting in gross profit of $118,878. For the nine months, cost of revenue was $329,433 on total revenue of $475,431, yielding gross profit of $145,998.

The company's balance sheet showed total assets of $3.33 million as of February 28, 2026, down from $6.26 million as of May 31, 2025. Cash and cash equivalents stood at $349,224 as of February 28, 2026, compared to $1,071 at the end of May 2025.

Total liabilities increased to $8.77 million as of February 28, 2026, from $5.76 million as of May 31, 2025. Stockholders' equity fell to negative $5.44 million as of February 28, 2026, compared to positive equity of $496,667 as of May 31, 2025. The accumulated deficit widened to $22.07 million from $15.81 million over the same period.

Cash used in operations was $1.26 million for the nine months ending February 28, 2026, compared to $2,490 used in the year-earlier period. Cash from financing activities totaled $1.61 million for the nine months, versus $6,411 in the prior-year period.

The company reported basic and diluted earnings per share of negative $0.56 for the three months ending February 28, 2026, compared to negative $0.03 in the year-earlier quarter. For the nine-month period, basic and diluted EPS was negative $0.97, compared to negative $0.14 in the prior year.

Outstanding shares increased to 11,589,180 as of February 28, 2026, from 4,212,498 as of May 31, 2025.