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YYAI

AiRWA Inc.

YYAI

AiRWA Inc. • NASDAQ
$1.00 ▼ -7.25% (-0.08)
Market Cap $291748
52w High $264.40
52w Low $0.90
Dividend Yield 0%
P/E 0.08
Volume 2.11M
Outstanding Shares 291.25K

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $3M ▼ $764.386K ▲ $882.652K ▼ 29.422% ▼ $3 ▼ $1.491M ▼
Q4-2025 $8.479M ▲ $-3.561M ▼ $9.489M ▲ 111.916% ▲ $124.5 ▲ $2.09M ▲
Q3-2025 $3.273M ▲ $1.998M ▲ $-411.209K ▲ -12.565% ▲ $-3.25 ▲ $530.287K ▲
Q2-2025 $361.544K ▼ $1.297M ▼ $-1.366M ▲ -377.864% ▲ $-12 ▲ $-1.363M ▲
Q1-2025 $704.899K $3.527M $-4.221M -598.773% $-95.5 $-3.255M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $52.693K ▼ $34.738M ▲ $7.059M ▲ $26.159M ▲
Q4-2025 $1.438M ▼ $32.906M ▲ $6.487M ▲ $25.276M ▼
Q3-2025 $4.294M ▼ $30.714M ▲ $4.074M ▼ $26.073M ▲
Q2-2025 $18.143M ▼ $21.584M ▼ $13.543M ▼ $8.041M ▼
Q1-2025 $18.211M $23.185M $13.747M $9.438M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $-4.049M ▼ $-423.747K ▼ $4 ▲ $394.781K ▲ $-28.966K ▲ $-423.743K ▼
Q3-2025 $9.635M ▲ $41.633K ▼ $0 $-1.546M ▼ $-1.559M ▼ $41.633K ▼
Q2-2025 $-1.366M ▲ $75.372K ▲ $0 $-68.63K ▼ $-68.314K ▼ $75.372K ▲
Q1-2025 $-4.221M ▲ $-72.646K ▲ $0 ▲ $1.615M ▲ $1.482M ▲ $-72.65K ▲
Q4-2024 $-12.779M $-252.987K $-16.5M $-210.68K $-16.963M $-252.987K

Five-Year Company Overview

Income Statement

Income Statement AiRWA is essentially still in the “pre‑revenue” phase. Reported sales are tiny and do not yet show a functioning, scaled business. Losses were fairly consistent for several years and only recently narrow to roughly break‑even on paper, which looks more like cost cutting and accounting noise than a real profit engine. The extreme swings in earnings per share mostly reflect repeated reverse stock splits rather than dramatic changes in the underlying business. Overall, the income statement tells the story of a company still looking for a viable, recurring revenue model, with high dependence on future execution of its new blockchain strategy.

Balance Sheet

Balance Sheet The balance sheet is very small, which underlines how early‑stage the company is. Total assets are limited, cash on hand is negligible in the reported figures, and equity has swung between positive and negative over the years, suggesting past balance sheet stress and recapitalizations. Formal debt has been pared back, which reduces financial leverage risk but also hints that the company is funding itself mainly through equity and partnerships rather than a strong internal cash base. Repeated reverse splits point to a history of share price pressure and likely dilution. Overall, financial resources appear thin, so the business is heavily reliant on external funding to pursue its plans.

Cash Flow

Cash Flow Operating cash flow has been weak or slightly negative, with no visible investment in large physical assets. That pattern fits a company that is still building software and platforms rather than generating mature, self‑funding cash flows. The absence of meaningful free cash flow means AiRWA depends on outside capital, joint ventures, or future revenue ramp‑up to support operations and growth. Until the new exchange or other products start to produce consistent cash inflows, cash flow risk remains high.

Competitive Edge

Competitive Edge AiRWA is trying to carve out a niche by combining tokenized U.S. equities with a crypto‑exchange style experience, running on the Solana blockchain and aimed squarely at crypto‑native traders who want 24/7 access. The joint venture with JuCoin is a major strategic pillar: it potentially brings substantial funding and immediate access to a large existing user base, which is a real advantage for a new exchange. The focus on security and compliance partnerships is also a plus in a trust‑sensitive sector. However, the company is entering a crowded and fast‑moving field where several better‑funded and more established players are already working on real‑world asset tokenization. Regulatory uncertainty, reliance on a specific blockchain ecosystem, and dependence on partner execution all add to the competitive risk. At this stage, the competitive story is promising on paper but unproven in practice.

Innovation and R&D

Innovation and R&D On the legacy side, AiRWA owns AI matchmaking and metaverse‑related intellectual property, positioned around culturally tailored dating experiences. While this sounds differentiated, the lack of detailed public proof around the patents and user traction makes it hard to judge the true moat. The real innovation focus now is on the AiRWA Exchange: tokenized U.S. equities, instant settlement on Solana, 24/7 trading, and deep integration with the crypto ecosystem. Planned products such as an Asia‑focused stablecoin and expansion into other tokenized assets (like commodities or real estate) extend that vision. Conceptually, this is a high‑innovation, high‑optionality roadmap, but much of it is still at the build‑and‑launch stage. The key question is not whether the ideas are novel, but whether AiRWA can execute, scale, and stay on the right side of evolving regulation while turning these initiatives into durable revenue.

Summary

AiRWA has transformed itself from a niche sports and matchmaking technology firm into a highly ambitious blockchain and real‑world asset tokenization play. Financially, it remains a very small, early‑stage company: minimal revenue, a history of losses, a thin balance sheet, and no established cash‑generating core business yet. Strategically, the partnership with JuCoin, the focus on crypto‑native users, and the plan for a 24/7 tokenized equities exchange give it a distinctive angle and potential access to users and capital that many start‑ups lack. At the same time, the company faces intense competition, execution risk, regulatory uncertainty, and a heavy reliance on partners and future funding. In short, AiRWA is a high‑uncertainty, early‑development story where future value will depend largely on whether the AiRWA Exchange and related products can successfully move from concept and pilots to scaled, compliant, and profitable operations.

NEWS

October 23, 2025 · 9:00 AM UTC

AiRWA Inc. Announces 1-for-50 Reverse Split

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October 7, 2025 · 9:15 AM UTC

AiRWA Inc. Announces Receipt of $30 Million of Solana Tokens into AiRWA Exchange, as well as Successful Test Runs Settling Trades of Tokenized U.S. Equities

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October 6, 2025 · 8:00 AM UTC

Connexa Sports Technologies Inc. is Renamed “AiRWA Inc.” and Announces $100 Million Confirmed Investment into AiRWA Exchange

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September 24, 2025 · 9:50 AM UTC

Connexa Sports Technologies Inc. Signs Contract with Inca Digital to Strengthen Security Framework for aiRWA Exchange

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September 24, 2025 · 8:00 AM UTC

Connexa Sports Technologies Inc. Signs Contract with Inca Digital to Strengthen Security Framework for aiRWA Exchange

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