Armlogi Holding Corp. Common Stock

Armlogi Holding Corp. reported fiscal 2026 total revenue of $185.8 million, down 2.4% from $190.4 million a year earlier, as a 21.9% increase in warehousing services revenue to $77.1 million was offset by a 14.5% decline in transportation services revenue to $108.6 million. Warehousing services rose to 41.5% of total revenue from 33.2%, while transportation services fell to $108.6 million from $127.0 million. The company posted a gross profit of $0.4 million, or 0.2% of revenue, compared with a gross loss of $3.0 million, or negative 1.6% of revenue, in fiscal 2025, and its net loss widened to $20.9 million, or $(0.47) per basic and diluted share, from $15.3 million, or $(0.37) per share. Armlogi fully settled its convertible notes, reducing the outstanding balance to nil from $5.3 million, and cut total liabilities by $22.4 million to $122.7 million, while cash, cash equivalents, and restricted cash totaled $6.5 million at June 30, 2026, down from $13.6 million. Chairman and Chief Executive Officer Aidy Chou said the company's fiscal 2027 priorities are to raise utilization across its eleven-warehouse network, execute its cost-optimization plan, and put in place the capital structure the business needs to complete its transition.