UPAY, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $746.3K | $715.3K | $1.4M | $1.4M | $1.5M | $1.1M | $1.4M | $1.1M |
| Cost of Revenue | $198.8K | $270.9K | $659.8K | $574.9K | $505.4K | $299.8K | $359.0K | $272.7K |
| Gross Profit | $547.5K | $444.4K | $734.6K | $785.1K | $953.4K | $810.6K | $1.0M | $826.1K |
| Gross Margin | 73.4% | 62.1% | 52.7% | 57.7% | 65.4% | 73.0% | 73.8% | 75.2% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $994.1K | $945.6K | $1.4M | $819.8K | $1.2M | $929.4K | $961.6K | $820.0K |
| Operating Income | $-453.5K | $-508.9K | $-681.9K | $-89.2K | $-323.1K | $-173.8K | $-4.0K | $-38.9K |
| Operating Margin | -60.8% | -71.1% | -48.9% | -6.6% | -22.1% | -15.7% | -0.3% | -3.5% |
| Interest Expense | $49.8K | $34.6K | $33.4K | $32.9K | $15.6K | $8.1K | $7.1K | $3.6K |
| Pretax Income | $-1.4M | $-540.1K | $-701.8K | $-117.6K | $-327.6K | $-179.5K | $-3.7K | $-35.9K |
| Income Tax Expense | $0 | $0 | $34.4K | $17.9K | $41.3K | — | $17.0K | $3.9K |
| Net Income | $-1.4M | $-540.1K | $-736.2K | $-135.5K | $-368.9K | $-179.5K | $-3.7K | $-39.9K |
| Net Margin | -188.5% | -75.5% | -52.8% | -10.0% | -25.3% | -16.2% | -0.3% | -3.6% |
| EPS (Basic) | $-0.08 | $-0.03 | $-0.04 | $-0.01 | $-0.02 | $-0.01 | $0.00 | $0.00 |
| EPS (Diluted) | $-0.08 | $-0.03 | $-0.04 | $-0.01 | $-0.02 | $-0.01 | $0.00 | $0.00 |
| Shares Outstanding (Basic) | 17.3M | 16.2M | 16.8M | 17.2M | 23.9M | 24.3M | 25.0M | 25.6M |
| Shares Outstanding (Diluted) | 17.3M | 16.2M | 16.8M | 17.2M | 23.9M | 24.3M | 25.0M | 25.6M |
| Dividends Per Share | — | — | — | — | — | — | — | — |