First America Resources Corp (FSTJ) Form 10-Q — May 14, 2026
First America Resources Corp reported Q1 2026 revenue of $4.8 million, a 19% increase year-over-year, driven by growth in its electronic waste management and IT asset disposition services. The company returned to profitability with net income of $297,000, compared to a net loss in the prior year period, aided by improved gross margins of 63%. Operating cash flow turned positive at $399,000, increasing the cash balance to $631,000. However, the company remains in a stockholders' deficit of $1.29 million and maintains significant financial ties to related parties, including its largest shareholder and a major customer/vendor, First America Metal Corp.
Key figures
- Eps
- 0
- Revenue
- 4801298
- Net Income
- 297230
- Revenue Yoy
- 19%
- Total Assets
- 8998047
- Cash Position
- 631344
- Gross Margin
- 63%
- Operating Cash Flow
- 398920
- Shares Outstanding
- 87964090
Price after filing
Close on the filing date to close N calendar days later (from $0.50). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.