0001493152-26-023863
SEC filingRevenue surged 507% YoY to $563K from villa sale, rental expansion, and resort utilization, driving slight net loss improvement to -$573K despite high operating expenses from hospitality scaling.
Revenue rose 507% year-over-year to $563K in Q3 FY2026 from $93K, primarily driven by expansion of short-term rental operations, the sale of a villa, increased utilization of resort assets, and growth in service-based revenue streams. This marks sustained execution of the Company's post-2022 strategy to acquire, develop, and manage residential vacation home communities in desirable destinations like Belize, where tourism demand—particularly from U.S. travelers seeking eco-resort experiences—continues to support topline momentum. Gross profit reached $205K, yielding a 36.4% margin, as revenue scaling from these operational levers outpaced cost of sales tied to hospitality activities. Management notes this shift validates activating under-developed resorts like Awaysis Casamora, with the addition of Chial Mountain Limited further bolstering rental and management income.
Management is actively pursuing capital-raising initiatives to support an uplisting to NYSE American, fund development, expand hospitality, and meet working capital requirements. Measures to mitigate liquidity risk and strengthen the capital structure have preserved continuity, aided by related-party lenders' historical support and stated willingness to continue. These steps address the cash burn inherent in scaling vacation home communities, with revenue drivers providing a foundation for future growth as additional capital enables unit completions and operational expansion.