Armlogi Q3 net loss $5.1M; revenue down 9.1% YoY on transportation services decline

Armlogi Holding Corp.

Q3 total revenue $41.7M, down 9.1% YoY; warehousing revenue up 7.3% to $18.6M, transportation down 19.1% to $23.1M.
Q3 net loss $5.1M ($0.11 per share) vs. $3.8M loss in prior-year quarter.
First nine months revenue $142.7M (+2.3% YoY); net loss $15.4M ($0.35 per share) vs. $10.1M loss.
Gross loss $1.9M (margin -4.5%) in Q3 due to temporary labor costs for inventory reorganization; cash fell to $7.1M from $13.6M.
PRC-based customer revenue share decreased to 76% from 87%, reflecting geographic diversification.

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