Upay net loss widens to $1.41 million in FY26; revenue rises 4.34% to $746,311

UPAY INC

UPAY INC

UPYY

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  • Upay posted a wider net loss of USD 1.41 million for the year ended Feb. 28, 2026, versus a loss of USD 540,062 a year earlier.
  • Revenue rose 4.34% to USD 746,311, driven by growth in transactional revenue in South African operations.
  • Operating expenses increased to USD 1,001,027 from USD 953,220, on higher general and administrative costs.
  • Working capital deficit narrowed to USD 266,715 at Feb. 28, 2026 from USD 386,487 a year earlier; cash was USD 96,279.
  • Net cash used in operating activities improved to USD 288,039 from USD 764,674; management estimated monthly cash needs of about USD 70,000.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upay Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001575872-26-000390), on June 02, 2026, and is solely responsible for the information contained therein.

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