Singularity Future Technology (SGLY) Q2 2026 earnings summary

Executive summary

• Focused on freight logistics services, with all revenue generated in the PRC for the quarter ended December 31, 2025.

• No revenue yet from new solar panel business; exited commodity trading JV via subsidiary disposal.

• Significant legal settlements and internal control improvements during the period.

Financial highlights

• Net revenues for Q2 FY2026 were $147,574, down 68.9% year-over-year.

• Net loss for the quarter was $676,381, compared to $337,330 in the prior year.

• Gross loss margin was 14.5%, a decline from 2.2% in the prior year.

• Operating loss for the quarter was $600,656.

• Cash and restricted cash at period end totaled $13.1 million.

Outlook and guidance

• No explicit forward guidance provided; management notes ongoing risks from PRC market conditions and legal proceedings.