Financial Results for the Three Months Ending December 31, 2025:
Total revenue increased 0.8% to $51.5 million for the three months ended December 31, 2025, compared to $51.1 million in the prior-year period.
Costs of services increased to $52.3 million for the three months ended December 31, 2025, resulting in a gross loss of $0.8 million, compared to a gross profit of $0.5 million in the prior year period. Gross margin declined to (1.5)% for the three months ended December 31, 2025 from 0.9% in the prior year period, primarily due to higher operational costs.
Net loss was $3.9 million, or ($0.08) per share for the three months ended December 31, 2025, compared to a net loss of $1.7 million, or ($0.04) per share, for the prior year period.
Financial Results for the Six Months Ending December 31, 2025:
Total revenue for the first six months ended December 31, 2025 grew 7.9% to $101.0 million, up from $93.6 million in the prior year period.
Gross loss for the six months ended December 31, 2025 was $3.3 million, showing a marginal improvement in gross margin to (3.2)% from (3.3)% in the prior year period.
Net loss was $10.4 million, or ($0.24) per share for the six months ended December 31, 2025, compared to a net loss of $6.3 million, or ($0.15) per share, for the prior year period.
Liquidity:
As of December 31, 2025, the Company had a cash and restricted cash balance of $9.4 million. During the six months ended December 31, 2025, the Company utilized its Standby Equity Purchase Agreement (SEPA) to issue 3,192,145 shares of common stock, raising an aggregate of $3.8 million to support its operations and growth initiatives.
Management Commentary
Aidy Chou, Chairman and Chief Executive Officer of Armlogi, commented, "The second quarter reflected stable revenue performance and continued first-half growth, though margins were pressured by elevated service costs. We are actively implementing cost optimization strategies and operational efficiencies to address the compression in our gross margins, including enhancing warehouse utilization and integrating higher-margin logistics solutions. We remain confident in our long-term strategy and our ability to create value for our stockholders as we navigate the current market dynamics."
About Armlogi Holding Corp.
Armlogi Holding Corp., based in Walnut, CA, is a U.S.-based warehousing and logistics service provider offering a comprehensive suite of supply-chain solutions, including warehouse management and order fulfillment. The Company caters to cross-border e-commerce merchants seeking to establish U.S. market warehouses. With 10 warehouses totaling over 3.5 million square feet, the Company offers comprehensive one-stop warehousing and logistics services. The Company's warehouses are equipped with facilities and technology to handle and store large, bulky items. Armlogi is a member of the Russell Microcap® Index. For more information, please visit www.armlogi.com.
Forward-Looking Statements
This press release contains forward-looking statements. In addition, our representatives may from time to time make forward-looking statements, orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our revenue and earnings growth; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us.
Company Contact:[email protected]
Investor Relations Contact:Matthew Abenante, IRCPresidentStrategic Investor Relations, LLC Tel: 347-947-2093Email: [email protected]
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ARMLOGI HOLDING CORP.CONDENSED CONSOLIDATED BALANCE SHEETS AS OF DECEMBER 31, 2025 AND JUNE 30, 2025(US$, except share data, or otherwise noted)
December 31, 2025
June 30, 2025
US$
US$
Unaudited
Audited
Assets
Current assets
Cash and cash equivalents
5,041,971
9,190,277
Accounts receivable and other receivable, net of credit loss allowance of $594,869 and $594,869
19,477,733
22,207,500
Other current assets
1,264,311
998,925
Prepaid expenses
1,275,823
1,375,646
Loan receivables, net of credit loss allowance of $nil and $nil
2,139,787
3,893,563
Total current assets
29,199,625
37,665,911
Non-current assets
Restricted cash, non-current
4,394,812
4,387,550
Property and equipment, net
10,587,255
11,259,820
Intangible assets, net
31,370
54,627
Right-of-use assets – operating leases
106,496,289
115,361,185
Right-of-use assets – finance leases
1,516,794
745,547
Other non-current assets
835,691
739,555
Total assets
153,061,836
170,214,195
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Current liabilities
Accounts payable and accrued liabilities
9,385,551
9,604,783
Contract liabilities
628,790
939,097
Accrued payroll liabilities
491,377
283,150
Convertible notes
-
5,292,749
Operating lease liabilities – current
33,713,304
29,280,907
Finance lease liabilities – current
763,696
386,327
Total current liabilities
44,982,718
45,787,013
Non-current liabilities
Operating lease liabilities – non-current
88,755,383
98,939,552
Finance lease liabilities – non-current
802,032
397,692
Total liabilities
134,540,133
145,124,257
Commitments and contingencies
Stockholders' equity
Common stock, US$0.00001 par value, 100,000,000 shares authorized, 45,443,079 and 42,250,934 issued and outstanding as of December 31, 2025 and June 30, 2025, respectively
454
422
Additional paid-in capital
20,468,826
16,668,858
Retained earnings
(1,947,577
)
8,420,658
Total stockholders' equity
18,521,703
25,089,938
Total liabilities and stockholders' equity
153,061,836
170,214,195
ARMLOGI HOLDING CORP.CONDENSED CONSOLIDATED STATEMENTSOF OPERATIONS AND COMPREHENSIVE LOSSFOR THE THREE AND SIX MONTHS ENDED DECEMBER 31, 2025 AND 2024(US$, except share data, or otherwise noted)
Three MonthsEndedDecember 31,2025
Three MonthsEndedDecember 31,2024
Six MonthsEndedDecember 31,2025
