Autozi Internet Technology (Global) Ltd. (AZI) Form 6-K — May 29, 2026
Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) reported unreviewed financial results for the first half of fiscal year 2026, revealing a severe contraction in business performance. Revenues fell 63.1% year-over-year to $29.5 million, driven by disrupted oil supplies affecting the lubricant market and a strategic pivot toward the new energy vehicle sector. The company recorded a net loss of $13.8 million, a 163.5% increase from the $5.2 million loss in the same period last year.
Key figures
- Revenue
- 29543000
- Debt Amount
- 0
- Total Assets
- 49351000
- Cash Position
- 187000
- Interest Rate
- 0
- Gross Proceeds
- 0
- Gross Profit
- 238000
- Operating Expenses
- 15610000
- Gross Margin Percent
- 0.81
- Prior Period Revenue
- 79871000
AI analysis
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