Executive Summary
The 13 filings reveal a bifurcated market: established operators like Domino's Pizza and MillerKnoll show steady but slowing growth, while a cluster of micro-cap companies (Alternus, Bakhu, Hestia, ANVI Global) continue to burn cash with no revenue or worsening deficits. FedEx's mixed results highlight a tale of two segments—strong parcel demand vs. a sharp freight downturn.
A notable theme is the emergence of digital asset exposure in small caps: Pineapple Financial's balance sheet now holds $49.4M in digital assets, a transformative but high-risk allocation. Period-over-period trends show revenue growth at Park Aerospace (+18.9% YoY) and AB International (+103% YoY), but these are offset by margin compression at FedEx Freight (-970 bps) and MillerKnoll's declining organic orders. Insider activity is sparse across filings, limiting conviction signals, but capital allocation patterns reveal aggressive financing (PIPEs, preferred shares) among cash-strapped firms. The most critical development is FedEx's $738M spin-off costs, signaling a major restructuring that could unlock value or add execution risk.
Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →
Filing types in this digest: 10-Q · 10-K
Tracking the trend? Catch up on the prior US Earnings Financial Results SEC Filings digest from July 17, 2026.
Investment Signals (12)
- Domino's Pizza (BULLISH)▲
Revenue grew 4.3% YoY to $1.19B, supply chain revenue up 6.5%, and diluted EPS rose 6.8% to $4.07, signaling resilient franchise demand despite a widening stockholders' deficit
- Park Aerospace ↓ (BULLISH)▲
Net earnings surged 69.9% YoY to $3.5M, gross margin expanded 420 bps to 34.8%, and sales grew 18.9%—strong execution in aerospace materials
- FedEx (Federal Express segment) (BULLISH)▲
Operating income up 21% YoY, driving consolidated revenue growth of 8% to $94.7B; core parcel business remains strong
- AB International Group ↓ (BULLISH)▲
Revenue surged 103% YoY to $7.17M, driven by service revenue growth; top-line acceleration signals successful business model pivot
- Pineapple Financial ↓ (BULLISH)▲
Raised significant capital via PIPE and related-party loans, with digital asset holdings of $49.4M generating a $2.81M fair value gain—potential for further upside if crypto rallies
- MillerKnoll ↓ (BULLISH)▲
Operating earnings surged to $198.3M from $50.5M (up 293%), driven by cost controls and prior-year base effects; adjusted metrics show stability
- FedEx (Freight segment) (BEARISH)▲
Operating income plunged 59% YoY, margins contracted 970 bps, and spin-off costs surged to $738M—segment under severe pressure
- MillerKnoll ↓ (BEARISH)▲
Organic orders declined 0.7% overall, International Contract orders fell 5.6% organically, and backlog dropped 10.8% to $678.8M—demand softening
- Jingbo Technology ↓ (BEARISH)▲
Net revenues declined 28% YoY (annual) and 38.9% YoY (quarterly), with net loss nearly doubling; impairment charges of $2.71M signal asset quality issues
- Eagle Nuclear ↓ (BEARISH)▲
Net loss widened to $27.3M for six months from $1.7M, driven by $17.8M non-cash warrant liability change and operating expenses surging 418%—cash burn accelerating
- Alternus Clean Energy ↓ (BEARISH)▲
No revenue in Q1 2026 or Q1 2025, net loss deteriorated to $0.892M from $0.180M, despite cash surge from financing—pre-revenue with no path to profitability
- Bakhu Holdings ↓ (BEARISH)▲
No revenue for second consecutive year, cash only $25K, operating cash burn tripled to $1.5M, and accumulated deficit hit $50.9M—going concern risk
Risk Flags (10)
- FedEx/Freight Segment↓ [HIGH RISK]▼
Operating income down 59% YoY, margin contraction of 970 bps, and spin-off costs of $738M (vs $38M prior year) create significant execution risk and segment uncertainty
- MillerKnoll/Order Decline↓ [HIGH RISK]▼
Organic orders fell 0.7% overall, International Contract orders down 5.6% organically, and backlog decreased 10.8%—leading indicator of future revenue weakness
- Jingbo Technology/Liquidity↓ [HIGH RISK]▼
Stockholders' deficit widened to $(31.28M) (annual) and $(32.3M) (quarterly), cash used in operations increased 61% to $2.14M, and accounts receivable declined 26.5%—liquidity crisis imminent
- Bakhu Holdings/Cash Position↓ [HIGH RISK]▼
Cash balance of only $25,461 with $11.0M in total liabilities and $50.9M accumulated deficit; operating cash burn tripled to $1.5M—going concern risk is acute
- Eagle Nuclear/Negative Equity↓ [HIGH RISK]▼
Stockholders' equity turned negative at ($7.0M) despite $29.7M PIPE raise, accumulated deficit grew to $33.6M, and operating expenses surged 418%—capital structure unsustainable
- Hestia Insight/Liability Surge↓ [MODERATE RISK]▼
Total liabilities surged from $278K to $836K (up 200%), stockholders' equity turned negative at ($362K), and operating expenses increased 147.5%—financial deterioration accelerating
- ANVI Global/Cash Runway↓ [HIGH RISK]▼
Cash dropped to just $390 from $1,855 (down 79%), net loss increased 9.6% YoY, and operating cash burn rose 176%—near-zero liquidity
- Domino's Pizza/Deficit [MODERATE RISK]▼
Stockholders' deficit widened to $(3,982.4M) from $(3,901.1M) due to dividends and buybacks, while long-term debt rose to $4,876.2M—high leverage despite strong operations
- Alternus Clean Energy/No Revenue↓ [HIGH RISK]▼
Zero revenue in both Q1 2026 and Q1 2025, accumulated deficit at $73.7M, and net loss worsening—no commercial traction
- Pineapple Financial/Negative Cash Flow↓ [MODERATE RISK]▼
Operating cash flow of -$4.62M despite $49.4M in digital assets; revenue declined 9.2% and net loss improved only on non-operating gains—core business bleeding
Opportunities (9)
- Park Aerospace/Growth Trajectory↓ (OPPORTUNITY)◆
Revenue grew 18.9% YoY, net earnings surged 69.9%, and gross margin expanded 420 bps to 34.8%; aerospace demand cycle supports continued outperformance
- Domino's Pizza/Shareholder Returns (OPPORTUNITY)◆
Diluted EPS up 6.8% YoY to $4.07, supply chain revenue up 6.5%, and aggressive buybacks (despite deficit) signal management confidence in cash flow generation
- FedEx/Spin-off Catalyst↓ (OPPORTUNITY)◆
$738M in spin-off costs in FY2026 indicates major restructuring; successful separation of Freight segment could unlock value, as seen in prior corporate actions
- AB International Group/Revenue Inflection↓ (OPPORTUNITY)◆
Revenue up 103% YoY to $7.17M, driven by service revenue; if operating leverage materializes, the company could swing to profitability as warrant liabilities stabilize
- Pineapple Financial/Digital Asset Exposure↓ (OPPORTUNITY)◆
$49.4M in digital assets with $2.81M fair value gain; if crypto markets continue to rally, this could provide a significant balance sheet boost and potential for monetization
- MillerKnoll/Cost Recovery↓ (OPPORTUNITY)◆
Operating earnings surged 293% to $198.3M from $50.5M, indicating successful cost restructuring; if orders stabilize, earnings power could expand significantly from current levels
- Eagle Nuclear/Acquisition Integration↓ (OPPORTUNITY)◆
Completed acquisition of Oregon Energy LLC and raised $29.7M in PIPE; if the nuclear energy thesis gains regulatory traction, the company could be positioned for growth despite current losses
- Alternus Clean Energy/Cash Infusion↓ (OPPORTUNITY)◆
Cash surged from $32K to $363K via $1.5M in financing, including $900K from Series D preferred; if the company secures a revenue-generating project, the turnaround could be rapid
- FedEx/Consolidated Growth↓ (OPPORTUNITY)◆
Revenue up 8% to $94.7B, net income up 8% to $4.4B, and Federal Express operating income up 21%; core business remains strong despite Freight headwinds
Sector Themes (6)
- Micro-Cap Cash Burn Crisis◆
6 of 13 companies (Alternus, Bakhu, Hestia, ANVI Global, Jingbo Technology, Eagle Nuclear) reported negative cash flows, widening deficits, or no revenue; aggregate cash burn is accelerating, with Bakhu's operating cash use tripling and ANVI's cash dropping 79%—investors should avoid pre-revenue micro-caps without clear catalysts
- Digital Asset Balance Sheet Shift◆
Pineapple Financial's $49.4M digital asset position (65% of total assets) represents a new trend of small caps using crypto as a financing tool; while generating $2.81M in fair value gains, it introduces extreme volatility and related-party risk ($21.44M in related-party loans)
- Aerospace & Defense Strength◆
Park Aerospace's 18.9% revenue growth and 420 bps margin expansion contrast sharply with broader market weakness; aerospace demand cycle appears intact, supporting suppliers with specialized materials
- Freight & Logistics Divergence◆
FedEx's results show a stark split—parcel delivery (Federal Express) operating income up 21% vs. Freight operating income down 59% with 970 bps margin compression; this suggests structural weakness in less-than-truckload (LTL) freight, potentially due to modal shifts or pricing pressure
- Consumer Discretionary Softening◆
MillerKnoll's organic order decline (-0.7% overall, -5.6% International Contract) and Domino's slowing U.S. company-owned store revenue (-11.5%) signal softening demand in furniture and quick-service restaurants; watch for broader consumer spending deceleration
- Leverage & Deficit Expansion◆
5 companies (Domino's, MillerKnoll, Jingbo, Bakhu, Eagle Nuclear) reported widening stockholders' deficits or rising debt; Domino's deficit reached $(3.98B) despite strong operations, while Jingbo's deficit hit $(31.28M)—high leverage is a common theme across both established and distressed firms
Watch List (8)
- 👁
Spin-off costs of $738M in FY2026 signal major restructuring; watch for Q3 FY2027 earnings call (expected late March 2027) for Freight segment separation details and margin recovery plans
-
Organic orders declined 0.7% and backlog fell 10.8%; watch next quarterly report (expected late September 2026) for order trends—a further decline would confirm demand softening
-
Digital asset holdings of $49.4M and related-party loans of $21.44M create complex risk; watch for any regulatory filings on digital asset monetization or related-party transaction disclosures
-
Stockholders' deficit of $(31.28M) and cash burn accelerating; watch for going concern disclosure in next 10-Q or potential bankruptcy filing—high probability of restructuring
-
Completed Oregon Energy acquisition and $29.7M PIPE; watch for Q3 FY2027 results (expected October 2026) to assess integration progress and cash burn rate
-
Strong Q1 FY26 results with 18.9% revenue growth; watch for order backlog updates in next filing (expected August 2026) to confirm demand sustainability
- Domino's Pizza👁
Stockholders' deficit widened to $(3.98B) despite strong operations; watch for any changes to dividend or buyback policy in upcoming earnings call (expected October 2026)
-
Revenue up 103% YoY but swung to net loss on warrant liabilities; watch for warrant liability stabilization in next 10-Q (expected October 2026) to assess path to profitability
Filing Analyses
(13)
20-07-2026
Alternus Clean Energy, Inc. (ALCE) reported a net loss of $0.892M for Q1 2026, compared to a net loss of $0.180M in Q1 2025, a significant deterioration. The company generated no revenue in either period. However, cash and cash equivalents surged from $32K at year-end 2025 to $363K at March 31, 2026, driven by $1.5M in financing activities, including $900K from Series D preferred share issuance. Total shareholders' equity improved from $23.022M to $30.681M, but the accumulated deficit widened to $73.699M.
- · The company had no revenue in both Q1 2026 and Q1 2025.
- · Net loss attributable to common stock was $80K in Q1 2026, compared to $180K in Q1 2025.
- · Basic and diluted loss per share improved from $(4.28) in Q1 2025 to $(0.11) in Q1 2026 due to a significant increase in weighted-average shares outstanding (724,658 vs 42,020).
- · Total current liabilities decreased from $34.022M at Dec 31, 2025 to $25.766M at Mar 31, 2026, primarily due to a reduction in convertible notes measured at fair value from $9.9M to $0.732M.
- · The company issued Series D and Series E convertible preferred shares during Q1 2026, with 8,583 and 684 shares issued respectively.
- · Non-cash financing activities included $1.861M in Series C, $5.755M in Series D, and $0.519M in Series E preferred shares issued for settlement of liabilities.
- · Net cash used in operating activities was $1.169M in Q1 2026, up from $0.552M in Q1 2025.
- · The company had a gain on debt settlement of $5.257M and a loss on debt extinguishment of $1.706M in Q1 2026.
- · Intangible assets include $26.19M in customer relationships, $10.93M in favorable contracts, and $0.86M in OASIS software, with goodwill of $18.964M.
20-07-2026
Domino's Pizza reported Q2 2026 (fiscal quarter ended June 14, 2026) total revenues of $1,194.4M, up 4.3% from $1,145.1M in Q2 2025, driven by growth in supply chain (+6.5%) and international franchise royalties (+6.0%). Net income rose 3.6% to $135.8M from $131.1M, with diluted EPS up 6.8% to $4.07. However, U.S. company-owned store revenues declined 11.5% to $81.8M, and for the first half of fiscal 2026, net income fell 1.8% to $275.6M from $280.7M, reflecting higher interest expense and a prior-year gain on investments.
- · Total assets increased to $1,763.3M as of June 14, 2026 from $1,716.5M as of December 28, 2025.
- · Stockholders' deficit widened to $(3,982.4)M from $(3,901.1)M, primarily due to dividends and share repurchases.
- · Long-term debt (less current portion) rose to $4,876.2M from $4,810.7M.
- · Cash and cash equivalents increased to $164.8M from $125.7M at year-end 2025.
- · Share repurchases totaled $234.6M in the first half of 2026, up from $203.0M in the prior-year period.
- · Dividend payments increased to $68.2M from $60.3M year-over-year.
- · Capital expenditures were $39.0M in the first half of 2026, up from $35.2M in the prior-year period.
- · The company recorded an unrealized and realized loss on investments of $18.4M in the first half of 2026, compared to an $8.1M gain in the prior-year period.
- · Investment in DPC Dash decreased to $17.7M from $36.1M at year-end 2025.
- · Goodwill decreased to $7.9M from $10.7M at year-end 2025.
20-07-2026
Bakhu Holdings, Corp. filed its 10-K annual report for the fiscal year ended July 31, 2024, reporting no revenue for the second consecutive year. The net loss improved significantly, narrowing 67% to $3.4 million from $10.3 million in FY2023, primarily due to a sharp reduction in stock-based compensation from $8.1 million to $1.7 million. However, the company remains in a precarious financial position with only $25,461 in cash, total liabilities of $11.0 million, and a stockholders' deficit of $11.0 million, while cash used in operations more than tripled to $1.5 million.
- · Total liabilities increased to $11.0 million at July 31, 2024 from $9.8 million at July 31, 2023.
- · Accumulated deficit grew to $50.9 million at July 31, 2024 from $47.5 million at July 31, 2023.
- · Fixed assets were fully depreciated and disposed of, resulting in a $334,179 loss on disposal in FY2024; net fixed assets were $0 at July 31, 2024 vs. $467,850 at July 31, 2023.
- · The company had a gain on settlement of debt of $323,078 in FY2024, with no such gain in FY2023.
- · Interest expense increased to $343,953 in FY2024 from $193,894 in FY2023.
- · Proceeds from notes payable (third parties and related parties) totaled $1.48 million in FY2024, compared to $373,824 from related parties in FY2023.
- · No income tax provision was recorded for either year.
- · The company's independent registered public accounting firm is PCAOB ID 822.
- · Exhibit 10.31 references an 'April 17, 2026 Binding Heads of Agreement'.
20-07-2026
Eagle Nuclear Energy Corp. (NUCL) reported a net loss attributable to common stockholders of $27.3M for the six months ended May 31, 2026, compared to a $1.7M loss in the prior year period, driven by a $17.8M non-cash change in fair value of warrant liability and increased operating expenses. The company raised $29.7M in PIPE financing and completed the acquisition of Oregon Energy LLC, boosting cash to $28.1M from $1.3M at November 30, 2025. However, the accumulated deficit grew to $33.6M, and stockholders' equity turned negative at ($7.0M).
- · The company completed a reverse recapitalization and acquired Oregon Energy LLC, issuing 1,710,991 shares valued at $12.0M.
- · Operating expenses increased from $1.7M to $8.8M for the six-month period, driven by salaries and wages ($3.4M), professional fees ($2.5M), and exploration expense ($0.7M).
- · The company issued 29,700 shares of Series A Cumulative Preferred Stock redeemable at $1,000 per share, recorded as mezzanine equity of $25.7M.
- · Net cash used in operating activities was $4.7M for the six months ended May 31, 2026, compared to $1.9M in the prior year period.
- · The Aurora Uranium Project remains in exploration stage with no assurance of commercial reserves.
20-07-2026
FedEx Corp. reported fiscal 2026 annual results with consolidated revenue up 8% to $94.7B and net income up 8% to $4.4B. The Federal Express segment performed strongly with operating income up 21%, but the FedEx Freight segment saw a sharp 59% decline in operating income and a 970 bps margin contraction. Consolidated operating margin edged down 10 bps to 5.8%.
- · Spin-off costs of $738M in FY2026 vs $38M in FY2025, a significant increase.
- · Business optimization costs decreased 52% to $366M from $756M.
- · Separation and other costs surged to $771M from $38M (NM).
- · International economy package revenue grew only 1% (flat).
- · International priority ADV declined 2% and international domestic ADV declined 4%.
- · U.S. freight pounds dropped 32% but yield increased 19%.
- · Total average daily freight pounds were flat (0% change).
- · FedEx Freight segment revenue declined $97M and operating income declined $873M.
- · Consolidated operating margin contracted 10 bps to 5.8%.
- · Fuel costs increased 8% to $4,052M.
20-07-2026
Hestia Insight Inc. reported a net loss of $478,971 for the six months ended May 31, 2026, compared to a net loss of $644,757 in the prior year period, an improvement of 25.7%. However, the company's cash position declined from $28,871 to $19,141, and total liabilities surged from $278,245 to $835,682, driven by a $500,000 officer payable and increased related party loans. Stockholders' equity turned negative from $116,886 to ($362,088).
- · Operating expenses increased to $576,401 for the six months ended May 31, 2026 from $232,907 in the prior year period, a 147.5% increase.
- · The company had an unrealized gain on equity investments of $88,195 for the six months ended May 31, 2026, compared to an unrealized loss of $387,417 in the prior year period.
- · Cash used in operating activities was $68,900 for the six months ended May 31, 2026, compared to $64,676 in the prior year period.
- · The company had no stock-based compensation in the current period versus $120,000 in the prior year period.
- · Accumulated deficit increased to ($1,536,740) as of May 31, 2026 from ($1,057,766) as of November 30, 2025.
20-07-2026
Pineapple Financial Inc. (PAPL) reported a net loss of $1.35M for the nine months ended May 31, 2026, improving from a $1.81M loss in the prior-year period. Revenue declined 9.2% to $2.05M, while total assets surged to $75.85M from $5.42M, driven by a $49.4M digital asset position and $12M in related-party loans receivable. The company raised significant capital through PIPE issuances and related-party loans, but operating cash flow remained negative at -$4.62M.
- · The company effected a 20-for-1 reverse stock split on July 16, 2025, with all per-share data retroactively adjusted.
- · Digital assets of $49.4M were acquired during the period, with a fair value gain of $2.81M recognized in the nine-month period.
- · A $12.0M loan receivable from related parties was recorded, with a corresponding $21.44M related-party loan payable under the Injective Foundation collateral arrangement.
- · Interest expense and bank charges surged 251.7% YoY to $1.08M for the nine-month period.
- · Salaries, wages and benefits declined 39.5% YoY to $0.74M for the nine-month period.
- · The company repurchased $660,336 of its own shares during the nine-month period.
- · Weighted average diluted shares outstanding increased from 503,374 to 14,513,147 year-over-year.
- · Basic loss per share improved from -$3.50 to -$0.09 for the nine-month period.
20-07-2026
Park Aerospace Corp reported strong Q1 FY26 results for the 13 weeks ended May 31, 2026, with net sales increasing 18.9% YoY to $18.3M and net earnings surging 69.9% to $3.5M. However, the company's cash flow from operations improved but remained modest at $2.7M, and inventories rose 5.3% sequentially, indicating potential working capital buildup.
- · Basic EPS increased from $0.10 to $0.17 YoY.
- · Diluted weighted average shares outstanding increased from 19,968 to 21,228 YoY.
- · Gross profit margin improved to 34.8% from 30.6% YoY.
- · Selling, general and administrative expenses increased only 2.7% YoY to $2.4M.
- · Interest and other income more than doubled to $0.8M from $0.4M YoY.
- · Income tax provision increased 82.7% to $1.3M.
- · Cash dividends paid increased 4.4% to $2.6M.
- · No share repurchases occurred in Q1 FY26 vs. $2.2M in Q1 FY25.
- · Capital expenditures dropped 76.5% to $0.1M from $0.5M YoY.
- · Accounts receivable decreased slightly to $10.8M from $11.0M sequentially.
20-07-2026
AB INTERNATIONAL GROUP CORP. (ABQQ) reported total revenue of $7.17M for the nine months ended May 31, 2026, up 103% from $3.53M in the prior-year period, driven by a sharp increase in service revenue. However, the company swung to a net loss of $1.73M (vs. net income of $39,651 a year ago), weighed down by a $3.09M loss on the change in fair value of warrant liabilities and higher operating expenses. As of May 31, 2026, total assets rose to $10.13M from $6.66M at August 31, 2025, while total liabilities more than doubled to $7.48M.
- · Total operating costs and expenses increased to $5.69M for the 9 months ended May 31, 2026, up from $3.46M in the prior-year period.
- · Amortization expenses rose to $3.47M (9 months) versus $0.85M a year ago.
- · The company reported a loss on change in fair value of warrant liabilities of $3.09M for the 9 months ended May 31, 2026, compared to $0 in the prior year.
- · Accounts payable and accrued liabilities surged to $1.38M as of May 31, 2026, from $88,063 at August 31, 2025.
- · Net cash provided by operating activities was $1.03M for the 9 months ended May 31, 2026, a significant improvement from net cash used of $3.88M in the prior-year period.
- · Cash flows from financing activities were negative $0.92M (net) due to $2.57M repayment of related party loans, partially offset by $0.85M from convertible note and $0.80M from stock issuances.
- · Accounts receivable increased to $330,133 as of May 31, 2026, from $219,408 at August 31, 2025.
- · Deferred revenue of $541,276 was recognized as of May 31, 2026, compared to $0 at August 31, 2025.
20-07-2026
Jingbo Technology, Inc. filed its 10-K for FY2026, reporting a worsening financial position. Net revenues declined 28% YoY to $1.54M, while the net loss expanded to $6.71M from $6.02M, driven by a heavy $2.71M impairment for credit losses. Total assets fell 36% to $7.78M, while total liabilities rose to $39.06M, deepening shareholders' deficit to $(31.28M). Cash used in operations increased 61% to $2.14M.
- · Gross loss improved to $(98,999) from $(396,198) in FY2025, narrowing by 75%.
- · Selling and marketing expenses fell 70% to $174,771, while G&A expenses decreased 21% to $2.49M.
- · Research and development expenses dropped 25% to $269,776.
- · Impairment for credit losses surged to $2.71M from $539,954, a 403% increase.
- · Impairment of property, plant and equipment rose to $816,802 from $437,477.
- · Accounts receivable plummeted 79% to $25,605, with a $2.71M impairment provision.
- · Prepaid expenses and other current assets declined 72% to $1.89M.
- · A new $1.44M long-term receivable appeared, driven by a loan from a related party.
- · Short-term loans dropped 95% to $72,909, while a new $1.39M long-term borrowing was recorded.
- · Long-term payable increased 19% to $25.64M.
- · The company raised $1.90M net from third-party loans ($3.59M proceeds less $1.68M repayments), offsetting operating cash burn.
- · Total comprehensive loss widened 41.5% to ($8.27M) from ($5.85M) due to a $1.57M foreign currency translation loss.
- · Weighted average diluted shares outstanding increased to 555.3M from 128.9M, reflecting a massive share issuance in FY2025.
20-07-2026
Jingbo Technology, Inc. reported a net loss of $570,041 for the three months ended May 31, 2026, nearly doubling from a net loss of $301,659 in the same period last year. Net revenues declined 38.9% to $281,962 from $461,630, while total operating expenses increased 57.0% to $640,008. The company's total stockholders' deficit widened to $(32,296,551) from $(31,281,556) as of February 28, 2026, and cash flow from operations turned negative at $(259,810) versus positive $101,878 in the prior year.
- · Group 1 (the operating entity) had total assets of $7,836,293 and total liabilities of $38,231,666 as of May 31, 2026, resulting in a stockholders' deficit of $(30,395,373).
- · Group 2 (the VIE) had total assets of $23,842,360 and total liabilities of $23,139,875 as of May 31, 2026, with stockholders' equity of $702,485.
- · Accounts receivable decreased 26.5% to $18,810 from $25,605, while inventories decreased 13.6% to $129,691 from $150,078.
- · Amounts due to related parties increased to $24,669,074 (Group 1) and $3,192 (Group 2) as of May 31, 2026.
- · Long-term payable (Group 2) increased to $23,136,649 from $22,827,279.
- · The company had 555,315,412 shares of common stock issued and outstanding as of May 31, 2026, unchanged from February 28, 2026.
20-07-2026
ANVI GLOBAL HOLDINGS, INC. reported a net loss of $52,861 for the three months ended May 31, 2026, compared to a net loss of $48,248 in the prior-year period, representing a 9.6% increase in losses. Operating expenses rose to $52,861 from $48,248, and cash decreased sharply to $390 from $1,855 at February 28, 2026, while total stockholders' deficit widened to ($2,413,760) from ($2,360,899). The company continues to rely on related-party liabilities ($1.7M total) and officer advances to fund operations.
- · Prepaids decreased from $12,375 to $11,550, a reduction of $825.
- · Accounts payable increased from $13,504 to $15,171.
- · Net cash used in operating activities was $14,369 in Q1 FY27 vs. $5,201 in Q1 FY26, a 176% increase in cash burn.
- · Accumulated deficit grew to $2,533,710 from $2,480,849.
- · Due to an officer increased from $669,625 to $682,529.
20-07-2026
MillerKnoll, Inc. reported net sales of $3,841.7M for fiscal 2026, up 4.7% from $3,669.9M in fiscal 2025, driven by growth in North America Contract (+4.9%) and Global Retail (+5.9%). However, International Contract sales grew only 2.1% and organic orders declined 0.7% overall, with International Contract orders falling 5.6% organically. Operating earnings surged to $198.3M from $50.5M, but adjusted operating earnings actually declined to $238.4M from $248.7M, and adjusted diluted EPS fell to $1.86 from $1.95.
- · International Contract organic sales declined 1.2% and organic orders fell 5.6%.
- · North America Contract orders declined 1.0% as reported and 1.1% organically.
- · Backlog decreased 10.8% to $678.8M from $761.3M.
- · Adjusted operating earnings margin contracted to 6.2% from 6.8%.
- · International Contract operating earnings fell 13.3% to $54.9M and operating margin declined to 8.1% from 9.6%.
- · Global Retail swung to an operating profit of $25.3M from a loss of $66.0M, helped by the absence of $108.9M in impairment charges.
- · CEO transition costs of $2.6M were incurred in fiscal 2026.
- · Debt extinguishment charges of $0.11 per diluted share were recorded in fiscal 2026.
Get daily alerts with 12 investment signals, 10 risk alerts, 9 opportunities and full AI analysis of all 13 filings
$30/mo after a 14-day free trial — no credit card required. See pricing or explore intelligence streams.
More from: US Earnings Financial Results SEC Filings
🇺🇸 More from United States
View all →July 20, 2026
US Pre-Market SEC Filings Roundup — July 20, 2026
US Pre-Market SEC Filings Roundup
July 20, 2026
US Merger & Acquisition SEC Filings — July 20, 2026
US Merger & Acquisition SEC Filings
July 20, 2026
US IPO Pipeline SEC S-1 Filings — July 20, 2026
US IPO Pipeline SEC S-1 Filings
July 20, 2026
US Executive Compensation Proxy SEC Filings — July 20, 2026
US Executive Compensation Proxy SEC Filings