Core Viewpoint - Visionary Holdings Inc. is undergoing a strategic transformation from a traditional education and real estate focus to a diversified platform centered on health management, anti-aging, and premium medical aesthetics, with initial revenue contributions from emerging health-related businesses indicating early progress in this transition [1][3][13]. Financial Performance - For fiscal year 2025, total revenue was USD 5.04 million, reflecting a year-over-year decrease of 46.2%, mainly due to a contraction in real estate leasing operations and changes in the education policy environment [3]. - The company reported a net loss of USD 15.75 million, primarily due to one-time transformation-related investments and asset impairment charges totaling approximately USD 4.70 million [4]. - Gross margin improved to 28.0%, with the education services segment achieving a gross margin of 64.4%, indicating stability in core operating efficiency [5]. - As of March 31, 2025, total assets were USD 63.63 million, with the company facing liquidity pressures and pursuing equity financing and debt restructuring measures [6]. Business Developments - Revenue from emerging health-related businesses accounted for approximately 21.1% of total revenue, marking the early implementation stage of the company's business restructuring [3]. - The company generated USD 1.06 million from life sciences and health-related businesses, including health management and medical aesthetics [7]. - Strategic collaborations were established with Jiangsu Yike Regenerative Medicine Technology Co., Ltd. and Anhui Weikang Kangling Medical Technology Co., Ltd. to enhance access to proprietary technologies and expand the global premium medical aesthetics service network [10]. Strategic Focus - The company aims to advance commercialization efforts in health management, anti-aging, and premium medical aesthetics, leveraging global technology and market resources through strategic collaborations and potential acquisitions [16]. - The CEO emphasized the importance of strengthening corporate governance and internal controls to support sustainable growth and long-term value creation for shareholders [15].
CORRECTION – Visionary Holdings Inc. Releases Final Fiscal Year 2025 Annual Report and Audited Financial Statements; Form 20-F Filing Pending