Wednesday, 14 October 2026 SEC EDGAR filings, as they land
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Financial Results

OZ Vision Inc. Reports $0.05 Million Revenue and 10.6% Net Loss Improvement for FY 2026

OZ Vision Inc. maintained steady revenue of $0.05 million for fiscal 2026 while narrowing its annual net loss. Despite the bottom-line improvement, the company faces severe liquidity challenges that have prompted a going concern notification from its auditors.

Startup, start-up, notebooks, creative. Stock photo illustrating OZ Vision's financial results story.
OZ VISION INC. · Photo: StartupStockPhotos / Pixabay
Results at a glance · $ Million
Metric FY-26FY-25
Revenue 0.050.05
Gross Profit 0.01-0.00
Pretax Income -0.06-0.07
Net Income -0.06-0.07
Diluted EPS 0.000.00
Net Income YoY
+10.6%

Key highlights

  • Fiscal year revenue remained flat at $0.05 million compared to the prior year
  • Net loss narrowed by 10.6% to -$0.06 million from -$0.07 million in fiscal 2025
  • Gross profit turned positive at $0.01 million following a marginal loss in the previous period
  • Cash reserves stood at $4,388 at year-end, leading to an auditor going concern warning
  • Order backlog remained at $0.00 as of March 2026 according to research from Canli Capital

How the Period Went

OZ Vision Inc. reported stable revenues of $0.05 million for the fiscal year ended June 30, 2026, matching its performance from the preceding year. While top-line growth was stagnant, the company achieved a 10.6% year-over-year improvement in its bottom-line results. The net loss for the period narrowed to -$0.06 million, down from a loss of -$0.07 million in fiscal 2025. Diluted earnings per share remained at $0.00 for both periods. This modest reduction in net loss suggests a high degree of cost control, although the absolute scale of revenue remains minimal for the company's operating stage.

Margins and Profitability

The company’s gross profit moved into positive territory, reaching $0.01 million in fiscal 2026 compared to a negligible negative figure in fiscal 2025. This improvement contributed to a narrower pretax loss of -$0.06 million. However, the operational results are overshadowed by significant liquidity concerns. Internal pipeline data indicates that the company held just $4,388 in cash at the end of the fiscal year. This low capital level resulted in a going concern warning from auditors, highlighting substantial doubt about the firm's ability to maintain operations without securing new funding or generating higher revenue volumes.

Business Overview

OZ Vision Inc., which previously operated as United Express Inc., officially adopted its current name following FINRA approval on September 23, 2025, according to data from StockTitan. The firm operates as a development-stage entity with limited commercial traction. Research from Canli Capital indicates that the company reported an order book or backlog of $0 as of March 31, 2026. Furthermore, management has not provided quantitative guidance for the upcoming fiscal year. These factors reflect a business in a state of transition, still seeking to establish a sustainable foothold and scalable revenue stream in its market.

Financial Context and Industry Landscape

The fiscal 2026 results place OZ Vision in a difficult position relative to the broader technology sector. While a 10.6% reduction in net loss is directionally positive, the stagnation of revenue at $0.05 million highlights the challenges of scaling a micro-cap entity. The absence of a backlog as of early 2026 suggests that the company has yet to convert its rebranding efforts into commercial contracts. Compared to peers who typically require significant venture or public capital to achieve scale, OZ Vision’s extremely limited cash position makes it highly sensitive to market shifts and capital availability in the small-cap technology space.

Source verified

SEC filing by OZ Vision Inc. announcing fiscal year 2026 financial results.

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