Y
AIRWA INC.
YYAICIK 0001674440NasdaqNon-AcceleratedSmaller ReportingServices-Computer Programming, Data Processing, Etc.DelawareFY ends Apr 30
Period
FY 2025
Revenue
$12.82M
Net Income
$3.49M
Total Assets
$32.91M
Equity
$25.28M
Shares Out
42.10M
Op. Cash Flow
$-379.4K
Business
AIRWA INC. operates a technology licensing business through its sole operating subsidiary, YYEM, providing matchmaking technology and related services. It offers AI-powered matchmaking platforms, patented AI and metaverse technologies, a customizable app framework, safety and engagement tools, analytics, and a social networking content vertical including MCN services for platforms like TikTok. The company’s primary business segments are Technology Licensing and Social Networking, delivered via patent licensing and content/MCN services. Distribution is B2B through local licensees and platform partners across Asia Pacific, Europe, Sub-Saharan Africa and the MENA region.
Summary from filing dated 2025-08-13
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 | FY 2021 2021-04-30 |
|---|---|---|---|---|---|---|
| REVENUE | 13 | 5 | 10 | 16 | 11 | |
| COST OF REVENUE | 3 | 1 | 7 | 12 | 8 | |
| GROSS PROFIT | 10 | 4 | 3 | 4 | 3 | |
| General and administrative expenses | 3 | 164,376 | 23 | 47 | 5 | |
| Total Operating Expenses | 3 | 164,376 | 25 | 51 | 7 | |
| OPERATING INCOME | 7 | 4 | −22 | −47 | −4 | |
| Shares guarantee income | 330,480 | 2 | — | — | — | |
| Interest Income | 65,367 | 14,243 | — | — | — | |
| Total Non-Operating Income | 395,847 | 3 | — | — | — | |
| Loss on financial assets at fair value through profit or loss | −330,484 | −2 | — | — | — | |
| Total Non-Operating Expense | −330,484 | −2 | — | — | — | |
| NET INCOME FROM OPERATIONS BEFORE PROVISION FOR INCOME OPERATIONS AND INCOME TAX EXPENSE | 7 | 4 | −25 | −47 | −19 | |
| NET INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES EXPENSE | 7 | 4 | — | — | — | |
| NET INCOME FROM OPERATIONS BEFORE INCOME TAX EXPENSE | 7 | 4 | −71 | −52 | — | |
| Income tax expense | −2 | −1 | — | — | — | |
| NET INCOME | 5 | 3 | — | — | — | |
| NET LOSS ATTRIBUTABLE TO NON-CONTROLLING INTEREST | −1 | — | — | — | — | |
| NET INCOME ATTRIBUTABLE TO CONTROLLING INTEREST | 3 | 3 | −71 | −52 | −19 | |
| Foreign currency translations adjustment | — | — | 87,550 | 75,132 | −15,134 | |
| Comprehensive income | 5 | 3 | −71 | −52 | −19 | |
| Net income per share - basic | 0.36 | 0.23 | −5,085 | −13.46 | −6.96 | |
| Weighted average common shares outstanding - basic | 13 | 12 | 13,994 | 4 | 3 | |
| Weighted average common shares outstanding - diluted | 13 | 12 | 13,994 | 4 | — |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2023 2023-01-31 | FY 2022 2022-04-30 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 54,744 | 39,351 | 202,095 | — | 665,002 | |
| Investment | 1 | 2 | — | — | — | |
| Accounts receivable | 15 | 5 | 399,680 | — | 1 | |
| Other current assets | 3 | 488,994 | — | — | — | |
| Total Current Assets | 22 | 10 | 5 | — | 13 | |
| Intangible assets, net of amortization | 11 | 13 | 101,281 | — | 5 | |
| Total Non-Current Assets | 11 | 13 | 2 | — | 62 | |
| TOTAL ASSETS | 33 | 23 | 7 | — | 75 | |
| Accrued expenses | 2 | 120,000 | 5 | — | 4 | |
| Income taxes payable | 3 | 1 | — | — | — | |
| Total Current Liabilities | 6 | 1 | 24 | — | 39 | |
| Total Liabilities | 6 | 1 | 26 | — | 42 | |
| Commitments and contingency | — | — | — | — | — | |
| Common stock, par value, $0.001, 1,000,000,000 and 300,000,000 shares authorized, 14,563,019 and 1,828,541 shares issued and outstanding as of April 30, 2025 and April 30, 2024, respectively | 14,563 | 1,282 | 17 | — | 4,195 | |
| Additional paid in capital | 19 | 19 | 133 | — | 113 | |
| Retained earnings | 6 | 3 | −152 | — | −81 | |
| Total Connexa Sports Technologies Inc. shareholders equity | 25 | 22 | −19 | 12 | 33 | |
| Non-controlling interest | 1 | — | — | — | — | |
| Total Shareholders Equity | 26 | 22 | 3 | — | — | |
| TOTAL LIABILITIES AND SHAREHOLDERS EQUITY | 33 | 23 | 7 | — | 75 |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-04-30 | FY 2024 2024-04-30 | FY 2023 2023-04-30 | FY 2022 2022-04-30 | FY 2021 2021-04-30 |
|---|---|---|---|---|---|---|
| Amortization and impairment expense | 3 | 1 | 12 | 43,534 | 2,730 | |
| Loss on Financial Assets at FVTPL | 330,480 | 2 | — | — | — | |
| Accounts receivable | −12 | −3 | −1 | −268,930 | −760,058 | |
| Other current assets | −586,668 | −2 | 1 | −3 | — | |
| Accrued expenses | 2 | 114,235 | — | 1 | 1 | |
| Income taxes payable | 2 | 1 | — | — | — | |
| Stock-based compensation | 62,500 | — | 746,511 | 32 | 70,997 | |
| Net cash (used in)/provided by operating activities | −379,384 | 39,351 | −6 | −12 | −5 | |
| Amount due from related party | −330,480 | −2 | −546,158 | — | −1 | |
| Amount due to related party | 725,261 | 50,145 | — | 2 | 3 | |
| Net cash (used in)/provided by financing activity | 394,781 | −2 | 6 | 14 | 5 | |
| NET INCREASE IN CASH | 15,393 | 39,351 | −462,907 | −250,948 | 848,949 | |
| Amount due from related party | −330,480 | −2 | — | — | — | |
| Amount due to related party | 725,261 | 50,145 | — | — | — |
Filings
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