The 63% revenue collapse and cash burn to $187K raise going-concern risk. With no guidance provided and a $6M market cap, traders should watch for Nasdaq delisting notices or a potential reverse stock split filing. Avoid long positions until a credible turnaround plan or financing is announced.
Price Chart
Executive Summary
Autozi reported a 63.1% YoY revenue decline to $29.5M for H1 FY2026, with gross profit collapsing 82.5% to $0.24M and net loss widening 163.5% to $13.8M. The company cited US-Iran conflict disrupting lubricant supply and a strategic pivot to new energy vehicles, but the massive revenue drop and deepening losses signal severe operational distress for this $6M market-cap company.
Key Financial Metrics
Key Facts
- Revenue fell 63.1% YoY to $29.5M for the six months ended March 31, 2026
- Gross profit dropped 82.5% YoY to $0.24M; gross margin fell from 1.70% to 0.81%
- Net loss attributable to ordinary shareholders widened 163.5% to $13.8M
- Operating expenses surged 64.6% YoY to $15.6M, driven by higher financing costs
- Cash and cash equivalents declined to just $187K as of March 31, 2026
Financial Impact
Revenue decline of $50.4M YoY; net loss increase of $8.6M YoY; gross profit decline of $1.1M YoY
Risk Factors
- Cash balance of $187K is insufficient to sustain operations without additional financing
- No forward guidance or outlook provided, increasing uncertainty
- Strategic pivot to new energy vehicles may take years to generate material revenue
- Nasdaq minimum bid price or market value listing standards may be at risk
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3303692 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 19, 2026 9d ago | EFFECT | $1.04 $1.04 | · 0.00% | ▼ −0.34% | $0.7720 (−25.77%) |
Aug 31, 2026 8w ago | 6-K | $1.32 $1.28 | ▼ −3.03% | ▼ −2.34% | $0.7720 (−41.52%) |
Aug 10, 2026 11w ago | Press Release | $1.51 $1.40 | ▼ −7.28% | ▼ −6.97% | $0.7720 (−48.87%) |
Jun 26, 2026 17w ago | 6-K | $1.86 $2.91 | ▼ −56.45% | ▼ −54.80% | $0.7720 (+58.49%) |
Jun 24, 2026 17w ago | 6-K | $1.98 $1.86 | ▲ +6.06% | ▲ +5.34% | $0.7720 (+61.01%) |
Jun 23, 2026 18w ago | 6-K | $1.18 $1.14 | ▲ +3.39% | ▲ +3.34% | $0.7720 (+34.58%) |
May 29, 2026 21w ago | 6-K | $1.15 $1.04 | ▲ +10.00% | ▲ +10.28% | $0.7720 (+32.87%) |
May 29, 2026 21w ago | Press Release | $1.15 $1.04 | ▲ +10.00% | ▲ +10.28% | $0.7720 (+32.87%) |
Mar 29, 2026 30w ago | Press Release | $1.94 $2.00 | ▼ −3.09% | ▼ −0.20% | $0.7720 (+60.21%) |
Mar 18, 2026 32w ago | EFFECT | $4.41 $2.80 | ▼ −36.51% | ▼ −36.24% | $0.7720 (−82.49%) |
US Market Status
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