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Quarterly ResultJul 10, 2026, 05:32 PM

RoyaLand Acquires Savoia 1908 FC; Reports H2 2025 Net Loss of $(630,485)

AI Summary

RoyaLand Co Ltd. reported a net loss of $(630,485) for the six months ended December 31, 2025, compared to $(599,382) in the prior year period. The company's cash balance significantly decreased to $31,710, and it faces going concern considerations due to an accumulated deficit of $3.49 million. Strategically, RoyaLand acquired 90% of Savoia 1908 Football Club S.r.l. for 7 million Class B Common Shares and continues development of TheRoyaLand game, while discontinuing OAPLT operations.

Key Highlights

  • Acquired 90% of Savoia 1908 Football Club S.r.l. for 7 million Class B Common Shares on May 27, 2026.
  • Reported a net loss of $(630,485) for the six months ended December 31, 2025.
  • Cash balance decreased to $31,710 as of December 31, 2025, from $225,161 on June 30, 2025.
  • Total current assets fell to $50,117 as of December 31, 2025, from $237,312.
  • Shareholders' deficit increased to $(341,786) as of December 31, 2025.
  • Discontinued OAPLT operations during the six months ended December 31, 2025.
  • Operating loss from continuing operations improved to $(297,597) from $(597,291) year-over-year.
  • Company faces going concern considerations due to an accumulated deficit of $3,493,895.