AiRWA (YYAI) Revenue — Quarter Ended Apr 30, 2024
The quarter's revenue increased compared to both the prior quarter and the same quarter a year earlier. The company's filing context highlights significant doubt about its ability to continue as a going concern.
Key takeaway
Quarter ended Apr 30, 2024 · FY2024 Q4
The quarter's revenue increased compared to both the prior quarter and the same quarter a year earlier. The company's filing context highlights significant doubt about its ability to continue as a going concern.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.8M
Revenue reported for this quarter.
Quarter-over-quarter
+680.7%
Change from the immediately preceding quarter.
Year-over-year
+63.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$9.7M
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jul 31, 2023 | $3.1M | -12.9% |
| Oct 31, 2023 | $2.3M | -6.1% |
| Jan 31, 2024 | $480.8K | -70.1% |
| Apr 30, 2024 | $3.8M | +63.9% |
Revenue performance
Revenue grew strongly from the preceding quarter, reversing a prior decline. The year-over-year comparison also showed an increase.
Quarterly comparison
The sequential improvement was substantial, while the annual comparison reflected a more moderate gain.
What to watch
The filing notes substantial doubt about the company's ability to continue as a going concern, which may affect future operations.