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Quarterly ResultApr 14, 2026, 12:47 PM

TMGI Cash Jumps to $349K; Current Assets Soar to $792K in Q3

AI Summary

Transglobal Management Group, Inc. (TMGI) reported a substantial increase in its financial position for the quarter ended February 28, 2026. Cash and cash equivalents surged to $349,224, a significant rise from $1,071 reported in May 2025. This contributed to total current assets soaring to $792,384, bolstered by a new prepaid investment of $405,000 and increased accounts receivable.

Key Highlights

  • Cash and cash equivalents rose to $349,224.
  • Total current assets increased to $792,384.
  • New prepaid investment of $405,000.
  • Accounts receivable grew to $38,160.
  • Investment in acquisition decreased to $2,500,000.