Ostin Technology Group Co., Ltd. (OST) Form 6-K — Jun 18, 2026
Ostin Technology reported unaudited financial results for the six months ended March 31, 2026, revealing a 16% decrease in revenue to $17.5 million compared to the prior year. The company recorded a net loss of approximately $5.0 million, narrowing slightly from the $5.7 million loss in the same period last year. The filing includes a going concern warning, noting that current liabilities exceeded current assets by $25.7 million as of March 31, 2026. Management stated substantial doubt about the company's ability to continue as a going concern due to the accumulated deficit of $33.3 million and cash position of just $1.8 million.
Key figures
- Revenue
- 17502226
- Revenue Yoy
- -16
- Cash Position
- 1796105
- Gross Margin Percent
- 8.3
- Working Capital Deficit
- 25742601
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