Jiuzi Holdings, Inc. (JZXN) Form 6-K — Jul 17, 2026

Jiuzi Holdings reported a significant increase in revenue to $7.1 million for the six months ended April 30, 2026, up from $0.98 million in the prior year. However, the company’s net loss widened substantially to $13.2 million, driven largely by $7.7 million in stock-based compensation and over $3 million in losses related to digital asset remeasurement. The company’s financial position raises substantial doubt about its ability to continue as a going concern. As of April 30, 2026, cash and cash equivalents plummeted to $271,072 from $4.6 million at the start of the period, while the accumulated deficit grew to over $100 million.

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