Zhanling net loss narrows to $38,486 in FY26; revenue remains no revenue in FY26
Reuters2026/08/10 12:39By:Reuters
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Zhanling posted a net loss of $38,486 for the fiscal year ended May 31, 2026, with no revenue reported.
- Operating expenses edged down 3% to $38,486, driven mainly by professional fees including audit and consulting costs.
- Cash used in operating activities increased to $41,303 from $35,933, while cash provided by financing activities rose to $41,303 from $35,933.
- Working capital deficit totaled $6,139, with a shareholders’ deficit of $53,039 and accumulated deficit of $468,553, raising substantial doubt about going concern.
- Management plans to seek additional capital via a private placement or further related-party loans; subsequent events review found no reportable items through Aug. 10, 2026.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zhanling International Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036752), on August 10, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Can Trump’s Truth Social Posts Give Bitcoin Traders an Advantage Over Retail Investors?
CoinEdition•2026/08/10 13:36
LOWE'S COMPANIES INC <LOW.N>: BOFA GLOBAL RESEARCH CUTS PRICE OBJECTIVE TO $256 FROM $257
Reuters•2026/08/10 13:34
NASDAQ TRADE HALT CONTINUES <UCFI.O> REASON NOT AVAILABLE AT 09:31 AM
Reuters•2026/08/10 13:31
NASDAQ TRADE HALT <MPAA.O> VOLATILITY TRADING PAUSE AT 09:31 AM
Reuters•2026/08/10 13:31
Crypto prices
MoreBitcoin
BTC
$64,557.38
-0.95%
Ethereum
ETH
$1,899.17
-1.16%
Tether USDt
USDT
$0.9991
-0.03%
USDC
USDC
$0.9999
+0.01%
XRP
XRP
$1.02
-1.38%
Solana
SOL
$76.31
-0.42%
TRON
TRX
$0.3309
+0.29%
Hyperliquid
HYPE
$54.53
+0.07%
Dogecoin
DOGE
$0.06969
-0.92%
Zcash
ZEC
$503.78
-3.99%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now