Masonglory Ltd (MSGY) Form 20-F — Jul 30, 2026

Masonglory Limited reported a net loss of $8.0 million for the fiscal year ended March 31, 2026, compared to net income of $1.3 million in the prior year. The loss was primarily driven by a non-cash share-based compensation charge of $7.8 million related to the issuance of shares to consultants, as well as increased administrative expenses associated with operating as a public company following its July 2025 IPO. Revenue remained relatively flat at $23.6 million, but profitability deteriorated significantly as gross profit margin contracted from 9.3% to 4.4%.

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