---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-032240"
form_type: "8-K"
ticker: "YYAI"
cik: "0001674440"
company_name: "AIRWA INC."
filed_at: "2021-12-22T23:59:59+00:00"
generated_at: "2026-06-27T22:57:48.975235+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Slinger Bag Q2 revenue doubles to $5.4M but GAAP net loss widens to $38.8M

## Summary
- Revenue $5.4M (+106% YoY); gross profit $2.1M (+100% YoY); gross margin 38.6%.
- GAAP net loss $38.8M ($0.95/shr) vs $2.5M loss; non-GAAP net loss $1.1M ($0.03/shr).
- Announced acquisitions of PlaySight Interactive and GAMEFACE.AI for Watch, Play, Learn strategy.
- Expanded into China and Brazil tennis markets; partnered with Mouratoglou Academy.
- Foundation Tennis partnership with Square announced.

## SEC filing metadata
- accession: 0001493152-21-032240
- form_type: 8-K
- ticker: YYAI
- cik: 0001674440
- company_name: AIRWA INC.
- filed_at: 2021-12-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1674440/000149315221032240/0001493152-21-032240-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1674440/000149315221032240/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-032240
- JSON: https://secwatch.observer/filing/0001493152-21-032240.json
- Plain text: https://secwatch.observer/filing/0001493152-21-032240.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.