Core Insights - Armlogi Holding Corp. reported a 16.5% year-over-year increase in revenue for the first quarter of fiscal year 2026, reaching $49.5 million, driven by strong demand for transportation and warehousing services [5][3] - The company experienced a 24.4% increase in warehousing services revenue, totaling $17.4 million, attributed to the expansion of its warehouse network [5][3] - Gross loss improved to $2.5 million, or (5.0%) of revenue, compared to a gross loss of $3.6 million, or (8.5%) of revenue, in the previous year, indicating operational improvements despite rising freight costs [5][3] Financial Performance - Total revenue for the first quarter of fiscal year 2026 was $49.5 million, up from $42.5 million in the same quarter of the previous year [5] - Transportation services revenue grew by 12.6% to $32.1 million, reflecting increased shipment volumes from new warehouse locations [5] - The net loss for the first quarter was $6.5 million, or $(0.15) per share, compared to a net loss of $4.6 million, or $(0.11) per share, in the prior year [5][11] Operational Highlights - The company expanded its warehouse network to ten locations, covering approximately 3.9 million square feet, enhancing its capacity to serve cross-border e-commerce merchants [3][4] - The addition of the Illinois facility has strengthened the company's presence in the Midwest, facilitating nationwide customer service [3] - The active customer base increased to 607 as of September 30, 2025, up from 505 as of June 30, 2025 [5] Cash Position - As of September 30, 2025, cash, cash equivalents, and restricted cash totaled $10.8 million, a decrease from $13.6 million at the beginning of the period [5][15] - The company reported a net cash used in operating activities of $1.9 million for the first quarter [15]