Ruanyun Edai Tech Reports 11.9% Revenue Growth, Positive Equity

Ruanyun Edai Technology reported fiscal year 2026 financial results, with revenue increasing 11.9% to $7.48 million. Campus operations and student-life services became the largest revenue source, contributing $5.72 million. The company returned to positive equity of $5.28 million and positive working capital of $3.28 million. However, net loss widened significantly to $7.91 million from $0.52 million in the prior fiscal year, attributed to lower gross margin and higher operating expenses. The company also announced plans to transition to the Formind Group name to reflect its broader business direction.