Connexa Sports Technologies Inc. (YYAI) Income Statement
YYAI FY2026 at a glance
Fiscal year ended April 30, 2026 · U.S. dollarsYYAI revenue and net income
Where YYAI's revenue goes
FY2026Each bar shows an amount and its share of revenue. YYAI kept −68.0% of revenue as net income.
YYAI profit margins
YYAI growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +101.3% | +37.5% | +19.0% | — |
| Gross profit | −111.9% | — | — | — |
| Operating income | −261.5% | — | — | — |
| Net income | −603.0% | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
YYAI quarterly EPS vs estimates
Connexa Sports Technologies beat the analyst EPS estimate in 2 of the last 2 quarters.
YYAI income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $25.8M | $12.8M | $5.2M | $9.9M | $16.1M | $10.8M | $686,179 | $0 | $13,240 | $14,700 |
| Cost of revenue | $27.0M | $3.0M | $1.2M | $7.1M | $11.9M | $7.7M | $5.1M | $2,600 | $0 | $0 |
| Gross profit | −$1.2M | $9.8M | $4.0M | $2.8M | $4.2M | $3.1M | −$4.4M | −$2,600 | $13,240 | $14,700 |
| Research & development | — | — | $0 | $65,164 | $736,141 | $339,385 | $179,982 | — | — | — |
| Sales, general & admin | $9.5M | $3.3M | $164,376 | $24.7M | $50.2M | $6.5M | $5.3M | $28,289 | $18,020 | $10,908 |
| Total operating expenses | $9.5M | $3.3M | $164,376 | $24.7M | $50.9M | $6.8M | $2.3M | $25,689 | $18,554 | $10,658 |
| Operating income | −$10.6M | $6.6M | $3.9M | −$22.0M | −$46.7M | −$3.7M | −$6.7M | −$28,289 | −$7,780 | $3,792 |
| Interest income | — | $65,367 | $14,243 | — | — | — | — | — | — | — |
| Interest expense | — | — | $2.4M | $5.3M | $10.2M | $13.7M | $2.3M | $0 | $0 | — |
| Income before taxes | −$18.6M | $6.6M | $3.9M | −$71.2M | −$46.5M | −$18.6M | −$9.2M | −$28,289 | −$7,780 | $3,792 |
| Income taxes | −$1.1M | $2.0M | $1.2M | $4.5M | $5.2M | $13.7M | $2.3M | $1 | $4 | — |
| Net income | −$17.6M | $3.5M | $2.6M | −$71.2M | −$51.8M | −$18.6M | −$9.2M | −$28,289 | −$7,780 | $3,792 |
| EBITDA | −$1.8M | $9.6M | $5.0M | −$54.3M | −$36.2M | −$3.7M | −$6.7M | −$25,689 | −$5,314 | $4,042 |
| EPS (diluted) | −$333.22 | −$2.21 | −$89.71 | −$4646.51 | −$1363.72 | −$5065.29 | −$2975.15 | — | — | — |
| Gross margin | −4.5% | 76.8% | 77.3% | 28.0% | 26.2% | 28.9% | −645.2% | — | 100.0% | 100.0% |
| Operating margin | −41.2% | 51.3% | 74.2% | −221.3% | −290.1% | −34.5% | −979.2% | — | −58.8% | 25.8% |
| Net margin | −68.0% | 27.2% | 50.5% | −717.1% | −321.5% | −172.1% | −1,344.8% | — | −58.8% | 25.8% |
| Jul '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | Jul '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $21.2M | $7.0M | $3.0M | $3.0M | $3.0M | $3.3M | $3.3M | $3.3M | $3.8M | $480,768 | $2.3M | $3.1M |
| Cost of revenue | $15.6M | $6.6M | $744,231 | $744,231 | $744,230 | $744,231 | $744,231 | $744,231 | $744,231 | $144,230 | $1.6M | $2.2M |
| Gross profit | $5.6M | $391,308 | $2.3M | $2.3M | $2.3M | $2.5M | $2.5M | $2.5M | $3.0M | $336,538 | $646,963 | $892,749 |
| Research & development | — | — | — | — | — | — | — | — | $0 | $0 | $0 | $63.3M |
| Sales, general & admin | $5.9M | $2.0M | $2.2M | $764,386 | $975,195 | $2.0M | $1.3M | $3.4M | $1.4M | $2.8M | $1.9M | $2.5M |
| Total operating expenses | $5.9M | $2.0M | $2.2M | $764,386 | $1.7M | $2.0M | $199,482 | $88,520 | $158,289 | $1,905 | $1.9M | $2.7M |
| Operating income | −$296,766 | −$1.6M | $54,684 | $1.5M | $1.3M | $530,291 | $2.3M | $2.4M | $2.9M | $334,633 | −$1.3M | −$1.9M |
| Interest income | $2,430 | $33,001 | $793 | $18,714 | — | $0 | $16,342 | $16,342 | — | — | — | — |
| Interest expense | $51,971 | — | — | $968,866 | — | — | $3,162 | $965,704 | $770,364 | $436,926 | $365,146 | $846,675 |
| Income before taxes | −$346,307 | −$1.5M | $55,477 | $1.5M | $1.3M | $530,287 | $2.3M | $2.5M | $2.9M | $334,633 | $1.8M | −$846,765 |
| Income taxes | −$160,886 | $82,446 | $277,251 | $249,166 | — | $373,879 | $471,590 | $405,293 | $1.1M | $55,216 | −$1.7M | −$2 |
| Net income | −$507,193 | −$1.6M | $156,505 | $882,652 | $10,389 | −$411,209 | $1.9M | $2.1M | $1.8M | $279,417 | $1.8M | −$846,765 |
| EBITDA | $5.3M | −$821,840 | $798,915 | $2.2M | $2.0M | $1.3M | $3.1M | $3.2M | $3.6M | $334,633 | −$1.3M | −$1.7M |
| EPS (diluted) | −$9.63 | — | $0.05 | $3.03 | $0.00 | −$0.06 | −$0.24 | −$1.91 | −$6.99 | −$82.72 | $38.64 | −$38.63 |
| Gross margin | 26.5% | 5.6% | 75.2% | 75.2% | 75.2% | 77.3% | 77.3% | 77.3% | 80.2% | 70.0% | 28.2% | 28.6% |
| Operating margin | −1.4% | −22.5% | 1.8% | 49.7% | 42.7% | 16.2% | 71.2% | 74.6% | 76.0% | 69.6% | −55.5% | −59.4% |
| Net margin | −2.4% | −23.2% | 5.2% | 29.4% | 0.3% | −12.6% | 57.3% | 62.7% | 47.6% | 58.1% | 76.8% | −27.1% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in YYAI's financial statements (latest annual report filed September 21, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
YYAI financial results
In fiscal year 2026 (ended April 30, 2026), Connexa Sports Technologies reported revenue of $25.8 million, up 101.3% from the year before. It had a net loss of $17.6 million, a net profit margin of −68.0%. Diluted earnings per share came to −$333.22. Over five years revenue grew at an average rate of 19.0% a year.
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YYAI income statement FAQ
What is Connexa Sports Technologies's annual revenue?
Connexa Sports Technologies reported total revenue of $25.8 million for fiscal year 2026, which ended on April 30, 2026. That was up 101.3% from $12.8 million the previous year.
Is Connexa Sports Technologies profitable?
No. Connexa Sports Technologies reported a net loss of $17.6 million in fiscal 2026, a net profit margin of −68.0%; its operating margin was −41.2%.
What is Connexa Sports Technologies's gross margin?
Connexa Sports Technologies's gross margin was −4.5% in fiscal 2026: for every $100 of revenue, Connexa Sports Technologies kept $-5 after the direct cost of its products and services.
How fast is Connexa Sports Technologies growing?
Revenue grew 19.0% a year on average over the last five fiscal years, from $10.8 million to $25.8 million.
What are Connexa Sports Technologies's earnings per share?
Connexa Sports Technologies earned $-333.22 per diluted share in fiscal 2026, compared with $-2.21 a year earlier.
When does Connexa Sports Technologies's fiscal year end?
Connexa Sports Technologies's fiscal year ends in April. The latest annual report covers the year ended April 30, 2026 and was filed on September 21, 2026.