Quarterly ResultMay 15, 2026, 08:51 AM
Agape ATP Corp Q1 Net Loss $(340,906); EPS $(0.33); Going Concern Warning
AI Summary
Agape ATP Corp reported a net loss of $(340,906) for Q1 2026, a significant improvement from $(712,919) in Q1 2025, with diluted EPS improving to $(0.33) from $(3.63). Revenue slightly decreased by 5.3% to $273,658. The company issued a going concern warning due to recurring losses and negative operating cash flows, despite an increase in cash and cash equivalents to $220,779. A 1-for-50 reverse stock split was effective February 20, 2026.
Key Highlights
- Net loss for Q1 2026 was $(340,906), a 52.2% reduction from $(712,919) in Q1 2025.
- Diluted loss per share improved to $(0.33) in Q1 2026 from $(3.63) in Q1 2025.
- Revenue for Q1 2026 decreased 5.3% to $273,658 from $289,037 in Q1 2025.
- Company issued a going concern warning due to accumulated deficit of $12.1M and negative operating cash flow.
- Cash and cash equivalents increased to $220,779 as of March 31, 2026, from $140,072 at year-end 2025.
- A 1-for-50 reverse stock split was effective on February 20, 2026.
- Current assets include $24.1M deposit for investment opportunities with uncertain returns.
Price Impact
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