Quarterly ResultSep 21, 2026, 05:15 PM
NAPC Defense Reports $5.29M Revenue, $775K Net Income in Q2 2026
AI Summary
NAPC Defense, Inc. has reported a strong turnaround in its financial performance for the three months ended July 31, 2026. The company generated $5.29 million in revenue, a significant increase from zero in the prior year period, and achieved a net income of $775,538, a substantial improvement from a net loss of $584,252 in the same period last year. Total assets saw a modest increase, while total liabilities decreased significantly. The company also reported positive cash flow from operations for the quarter. Despite these improvements, the company continues to face going concern risks due to its historical losses and need for further capital.
Key Highlights
- NAPC Defense, Inc. reported revenue of $5.29M for the three months ended July 31, 2026, a significant increase from $0 in the prior year period.
- Net income for the quarter was $775,538, a substantial turnaround from a net loss of $584,252 in the same period last year.
- Total assets increased to $902,238 as of July 31, 2026, from $881,642 as of April 30, 2026.
- Total liabilities decreased significantly to $1,676,590 from $2,978,861 over the same period.
- The company had 627,254,930 common shares outstanding as of September 21, 2026.
- Cash provided by operating activities was $209,310 for the three months ended July 31, 2026, compared to cash used of $248,359 in the prior year period.
Price Impact
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