UBUYHOLDINGS Posts $52,117 Net Loss Through Nine Months as Cash Depletes
UBUYHOLDINGS, INC., a Nevada-incorporated holding company, reported a net loss of $52,117 for the nine months ending February 28, 2026, with zero cash on hand. Current liabilities doubled to $104,842 as stockholders' equity sank deeper into negative territory.
UBUYHOLDINGS, INC., a Nevada-incorporated holding company, posted a net loss of $52,117 for the nine months ending February 28, 2026, with operating expenses totaling the same amount. The company reported no revenue for the period. Read more earnings reports.
The most recent quarter ending February 28 saw a net loss of $24,059, matching operating expenses for that three-month span. Cash and cash equivalents stood at zero as of February 28, down from an undisclosed balance at the prior fiscal year-end.
Current liabilities nearly doubled to $104,842 as of February 28, 2026, compared to $52,725 as of May 31, 2025. Total stockholders' equity deteriorated to negative $104,842 from negative $52,725 over the same period, as retained deficit widened to $14.32 million from $14.27 million.
The company burned $82,168 in cash from operations during the nine-month period, offset entirely by $82,168 in financing inflows. With 284.37 million shares outstanding and no change in the share count from the prior year-end, earnings per share registered as $0.00 on both a basic and diluted basis for the quarter and nine-month period.
Additional paid-in capital held steady at $13.92 million, while common stock value remained at $284,368. Preferred stock carried a stated value of $10,000 as of the period end.
| Period | Net Loss | Operating Expenses | Cash from Operations |
|---|---|---|---|
| Q3 2026 (Dec 1, 2025 – Feb 28, 2026) | ($24,059) | $24,059 | — |
| Nine Months 2026 (Jun 1, 2025 – Feb 28, 2026) | ($52,117) | $52,117 | ($82,168) |
| Balance Sheet Item | As of Feb 28, 2026 | As of May 31, 2025 |
|---|---|---|
| Cash and Cash Equivalents | $0 | — |
| Current Liabilities | $104,842 | $52,725 |
| Total Stockholders' Equity | ($104,842) | ($52,725) |
| Retained Deficit | ($14,318,402) | ($14,266,285) |