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].

Core Insights - Jiva Technologies Inc. reported significant financial improvement for the fiscal year ended March 31, 2025, with revenue of CAD 4,600,991 and a reduced net loss of CAD 651,981 compared to a net loss of CAD 3,303,242 in the previous year [2][3] - The company has implemented a disciplined approach to cost management, resulting in substantial reductions in various expenses, which has positively impacted its financial performance [3][8] Financial Performance - Revenue for the year ended March 31, 2025, was CAD 4,600,991, with a net loss of CAD 651,981, a significant improvement from the previous year's loss of CAD 3,303,242 [2] - Loss per share improved to CAD 0.45 from CAD 3.99 in fiscal 2024, indicating a narrowing of losses [2] - Operating cash flow improved to CAD (873,632) from CAD (1,079,014) in 2024, showcasing better working capital management [8] Cost Management - Advertising and promotion expenses decreased by 84% compared to 2024, reflecting a shift to more cost-efficient marketing channels [8] - Consulting, legal, and salary expenses also saw significant declines, contributing to the overall reduction in operational costs [8] Strategic Positioning - Jiva Technologies is well-positioned for growth in the wellness technology sector, leveraging its unique platform that combines e-commerce technology, immersive wellness environments, and digital communities [6][7] - The company is actively pursuing joint ventures to enhance its online presence and support wellness brands, including a recent partnership with LIV3 for SugarShield [9] Operational Highlights - The company achieved a gross margin of 64% in Q1 2025, consistent with the previous quarter [8] - Operating income for 2025 was CAD 170,000 compared to an operating loss of CAD 278,000 in 2024, driven by lower operating expenses [8] - As of June 30, 2025, the cash balance was CAD 196,000, indicating a strengthened financial position [8]