AiRWA (YYAI) Revenue — Quarter Ended Oct 31, 2024
Revenue for the quarter was unchanged from the preceding quarter, but increased significantly compared to the same quarter one year earlier. The filing discusses ongoing risks, including material weaknesses in internal controls and the need for additional financing.
Key takeaway
Quarter ended Oct 31, 2024 · FY2025 Q2
Revenue for the quarter was unchanged from the preceding quarter, but increased significantly compared to the same quarter one year earlier. The filing discusses ongoing risks, including material weaknesses in internal controls and the need for additional financing.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$3.3M
Revenue reported for this quarter.
Quarter-over-quarter
+0.0%
Change from the immediately preceding quarter.
Year-over-year
+42.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$10.8M
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 |
|---|---|---|
| Jan 31, 2024 | $480.8K | -70.1% |
| Apr 30, 2024 | $3.8M | +63.9% |
| Jul 31, 2024 | $3.3M | +4.9% |
| Oct 31, 2024 | $3.3M | +42.5% |
Revenue performance
Revenue remained flat sequentially, matching the prior quarter's level after a period of prior growth.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was substantially higher, reflecting a strong year-over-year increase.
What to watch
The filing highlights a large accumulated deficit and references risks related to internal controls and financing that could affect future operations.