Biddance AI Systems, Inc. Announces First Half of Fiscal Year 2026 Financial Results
PR Newswire•26/10/2026•17:00 ET
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Key Highlights
- ➤Revenue $1.23 million, up from $0.74 million year over year
- ➤Net loss widened to $1.37 million from $0.92 million
- ➤Gross margin fell to 16.4% from 23.4% year over year
- ➤Operating cash flow swung to negative $1.08 million from positive $1.15 million
- ➤Share issuance provided $10.42 million in financing cash
Expert Statements
Xiaoyang Huang, Chief Executive Officer and Director of Biddance AI Systems, Inc.
“We are delighted with the robust year-over-year revenue growth achieved in the first half of the fiscal year. Our hardware and equipment sales served as the main revenue driver, providing solid support to the segment's expansion. Concurrently, we are aggressively seeking to expand our client base for our tax services.”
Biddance AI Systems, Inc. Announces First Half of Fiscal Year 2026 Financial Results PR Newswire
XIAMEN, China, Oct. 26, 2026 /PRNewswire/ -- Biddance AI Systems, Inc. (Nasdaq: BDAI) (the "Company"), a China-based information technology consulting and solutions service provider, today announced its unaudited financial results for the six months ended June 30, 2026.
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