Core Viewpoint - GRANDE GROUP LIMITED reported a significant decline in financial performance for the first half of fiscal year 2026, with an 83.2% decrease in revenue compared to the same period in the previous year, leading to a net loss of $1,481,318 [1][9]. Financial Results - Revenue for the six months ended September 30, 2025, was $293,929, down from $1,750,043 in the same period of 2024, primarily due to reduced IPO sponsorship and advisory services [2][3]. - Cost of revenue decreased by 32.57% to $336,543 from $499,092, attributed to lower staff and project-related costs, with a headcount reduction from 20 to 18 [2][4]. - General and administrative expenses rose by 61.8% to $1,158,751 from $716,183, mainly due to one-time bonuses and increased travel expenses [2][6]. - The company recognized an unrealized loss on equity securities of $370,666, compared to no such loss in the previous year [2][7]. - There was no provision for income taxes in the first half of 2026, a change from an expense of $97,248 in the prior year, due to the shift from profit to loss [2][8]. - The net loss of $1,481,318 marked a significant decline from a net income of $442,832 in the same period of 2024, driven by decreased revenue and increased expenses [2][9]. Cash Flow - Net cash provided by operating activities was $264,397, down from $331,322 in the previous year, influenced by the transition from net income to net loss [10]. - Net cash used in investing activities was $550,000, reflecting a new investment in equity securities [11]. - Net cash provided by financing activities was $9,696,399, a substantial increase from a net cash outflow of $1,010,715 in the prior year, primarily due to proceeds from the IPO [12][13]. Recent Events - The company completed its initial public offering on July 2, 2025, raising gross proceeds of $10.78 million by issuing 1,875,000 Class A ordinary shares at $5.00 each [14]. - On October 1, 2025, GRANDE GROUP entered into an agreement to acquire Proplus Company Limited for approximately $10 million, expanding its service offerings [15].