earnings
confidence high
sentiment negative
materiality 0.65
Tianci Q2 revenue up 87% but net loss widens to $417K on higher G&A
Tianci International, Inc.
- Revenue rose 87% YoY to ~$2.0M (logistics +22%, plus new mineral ore sales of $1,315,855).
- Net loss of $417,124 vs. prior-year loss; G&A surged 170% to $3,794,374.
- Logistics gross margin edged down from 3.6% to 3.5% YoY; mineral ore gross margin was 12.0%.
- Cash balance fell to $723,101 from $2.4M six months ago; working capital was $2,506,100.
- Company pivoting to long-distance shipping and mineral commodity trading to offset weak Southeast Asia demand.