Core Viewpoint - Jiva Technologies has shown significant improvement in its financial performance for the first half of fiscal 2026, with a notable reduction in net loss and positive cash flow from operations [2][5]. Financial Performance - Revenue for the six months ended September 30, 2025, was $2.49 million, a decrease from $2.77 million in the same period of 2024 [5]. - The net loss improved to $215,932 (loss per share of $0.04) compared to a net loss of $1,333,895 (loss per share of $1.51) for the same period in 2024 [5]. - Positive cash flow from operating activities was approximately $444,722, a turnaround from $(497,482) used in the prior-year period, indicating progress in cost controls and working capital management [5]. - Cash balance increased to $186,409 as of September 30, 2025, up from $68,278 at March 31, 2025, while the working capital deficit remained stable at approximately $(12.9) million [5]. Business Strategy and Operations - Jiva Technologies focuses on building niche online wellness communities and creating immersive physical environments, with a commitment to e-commerce and marketing [3]. - The company operates Bloombox Club, an online plant delivery marketplace, and The Locavore Bar and Grill, and has recently become a shareholder in VEG House through a share exchange agreement [3]. - A recent partnership with LIV3 for SugarShield aims to empower wellness brands by building their websites and managing digital marketing [6].
JIVA Technologies Announces Filing of Interim Financial Statements for Six Months Ended September 30, 2025
Newsfile·2025-12-01 16:43