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SEC filingRuanyun Edai Technology Inc. reported 1H 2026 unaudited interim results with revenue declining 91.1% to $366,256 and net loss widening to $4.6 million from $0.7 million year-over-year.
Ruanyun Edai Technology Inc., an AI-driven edtech company, disclosed sharp deterioration in its 1H 2026 unaudited interim results for the six months ended September 30, 2025. Revenue plummeted 91.1% to $366,256 from $4,109,689 in the prior-year period, driven by challenging domestic market conditions including regulatory changes and economic deceleration in China, as stated by CEO Ms. Maggie Fu. Gross profit shrank to $95,889 with margins contracting to 26.2% from 42.1%, reflecting the impact of strategic investments in international expansion and product optimization. Operating expenses rose significantly, with general and administrative costs more than tripling to $2.4 million, contributing to an operating loss of $3.7 million versus $0.6 million previously. Net loss widened to $4.6 million, or $(0.14) per share, compared to $0.7 million or $(0.02) per share. Balance sheet strengthened notably, with cash increasing to $2.7 million from $0.7 million as of March 31, 2025, total assets expanding to $14.2 million from $5.9 million, and shareholders' equity turning positive at $7.4 million from a deficit. Short-term bank loans remained steady at approximately $4.3 million. Management emphasized proactive realignment toward global markets via a new operational platform, accepting temporary margin pressure for long-term positioning beyond traditional China focus. No forward guidance was provided, but the strategic shift signals adaptation to domestic headwinds amid ongoing investments.