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NASDAQ · SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. · SMALL CAP

Airwa Inc. YYAI

10 fiscal years on record · USD · FY2025 reported · SEC filings only
$25.8M
▲ 101.3% YoY
$-17.6M
▼ 603.0% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

YYEM became the Company’s sole operating subsidiary. We possess six technologies related to the metaverse and five AI matchmaking patents, which together enable access to both Augmented Reality (AR) and eXtended Reality (XR), enhancing our future revenue growth potential in the online matchmaking segment. Our revenue model is based on licensing fees with our partners, which we intend to bolster through the development or acquisition of additional patents. We generated royalties of $12.8 million in our financial year ended April 30, 2025. Connexa, through YYEM, has focused its efforts on building relationships with clients focused on markets outside North America, where the competition is more dispersed, penetration rates are lower, and the room for growth is greater. As at the date of this report, we have 14 full-time employees.

Written from the business description in Connexa Sports Technologies Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 13 August 2025. Every sentence was checked against that document before publication.

Growth

USD 25.8M
Revenue, FY2025 · full 10-year series below
Revenue $M Net income $M
FY2025 · Revenue 25.8 · Net income -17.6
10.0M20.0M-25.0M-50.0M
2016201920222025
Compound annual growth
+37.5%
+19.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +19.0% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−68 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -23.7% · Net -68.0%
-500%-1000%
201620202025
ROE
FY2025 · ROE -17.9%
10%20%30%-20%-40%
201620202025
Three returns, three denominators.

Each USD of equity lost 18 cents this year.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Net buybacks $ Dividends $
FY2018 · Dividends · · Net buybacks 1200.0
-10000-20000
20172018

Total assetsUSD 210.4M
EquityUSD 170.6M
CashUSD 12.8M
Current ratio3.09×

Equity funds 81% of total assets.

The 10-year record

10 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
YYAI, 10-year financial record
Metric 2025202420232022202120202019201820172016
Revenue $B0.00.00.00.00.00.00.00.00.00.0
Operating income $B−0.00.00.0−0.0−0.0−0.0−0.0−0.0−0.00.0
EBITDA $B−0.0◌◌◌◌◌−0.0−0.0−0.00.0
Income tax $B−0.00.00.0◌◌◌◌◌◌◌
Net income $B−0.00.00.0−0.1−0.1−0.0−0.0−0.0−0.00.0
Free cash flow $B◌◌◌◌◌◌◌◌◌0.0
EPS, diluted $−752.7310842.51−32.44−5084.58−13.46−0.70−0.370.000.000.00
Dividend / sh $◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————
ROE %−17.914.9——————−43.630.6
Shares out B0.000.000.000.000.000.030.020.010.010.01

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 1 failure in 45 reconciliationsAUDITED

Reconciled in 9 of the 10 fiscal years we could check. 18 checks were skipped: the balance sheet is not tagged before 2016. Nine checks were skipped: EPS is not tagged before 2016. Nine checks were skipped: revenue is not tagged before 2016.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency1 failure
ActivityServices-Computer Programming, Data Processing, Etc.
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsApril 30
SEC categorysmaller reporting company
Data on record since2016

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