Golden Sun Technology Group Ltd. (GSUN) Form 6-K — Aug 19, 2026
Golden Sun Technology Group (GSUN) filed unaudited interim results for the six months ended March 31, 2026: revenue rose 30% year over year to $21.6 million while net loss narrowed 24% to $3.7 million, with loss per share improving to $(0.40) from $(2.42). Despite the growth, the company disclosed substantial doubt about its ability to continue as a going concern, citing the $3.7 million net loss, $27.3 million accumulated deficit, and cash of just $455,030 at quarter end; the principal shareholder has pledged personal assets as collateral to support bank borrowing.
Key figures
- Revenue
- 21558334
- Total Debt
- 3566251
- Revenue Yoy
- 30%
- Cash Position
- 455030
- Shares Outstanding
- 10028870
- Ga Expenses
- 3533305
- Gross Profit
- 538612
- Working Capital
- 130046
- Deferred Revenue
- 1026850
- Ecommerce Revenue
- 20349350
- Education Revenue
- 1208984
- Students Enrolled
- 899
- Long Term Bank Loans
- 2942882
- Revenue Per Student
- 1186
- Accumulated Deficit
- 27262423
- Ga Expense Growth Pct
- 103
- Short Term Bank Loans
- 623369
- Share Based Compensation
- 1885000
- Gross Margin Ecommerce Pct
- 0.3
- Gross Margin Education Pct
- 39
- Selling Expense Growth Pct
- 319
- Shares Granted To Employees
- 1300000
- Prior Year Students Enrolled
- 369
- Net Operating Loss Carryforward
- 2822442
- Weighted Avg Shares Basic And Diluted
- 9293156
- Acquisition Consideration Zhejiang Oulong
- 6068268
AI analysis
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