Antiaging Quantum Living Inc. Reports 26.5% Revenue Growth but Incurred Increased Net Loss for Fiscal Year Ending March 31, 2026

Antiaging Quantum Living Inc. (formerly Achison Inc.) reported a revenue increase of 26.5% for the fiscal year ending March 31, 2026, generating $1.03 million compared to $817,898 in the previous year. The company attributed this growth primarily to the introduction of new therapy services and health/beauty product sales, which contributed $141,828 and $180,950, respectively. Despite the revenue increase, the company experienced a net loss of $837,646, a 16.3% increase from the prior year's loss of $720,409, largely due to rising operating expenses, which grew by 26.2% to $1.54 million.

The company underwent significant organizational changes during the reporting period, including a change in control when Barry Wan acquired approximately 97% of the company's common stock in April 2023. This transition led to a rebranding of the company to Antiaging Quantum Living Inc. and a strategic pivot towards health management and insurance services. The company also established several subsidiaries aimed at expanding its operations into the Asia-Pacific market, including entities in Hong Kong and mainland China.

Operationally, the company reported a gross profit of $702,123, reflecting a gross margin improvement from 52.4% to 67.9%. This increase was attributed to the higher profit margins associated with the new therapy services and proprietary products compared to the previous technical operation support services. However, the cessation of these services has resulted in a significant reduction in revenue from that segment, which previously accounted for 100% of the company's revenue in FY 2025.

As of March 31, 2026, the company reported total assets of $1.72 million, up from $1.59 million in the previous year, while total liabilities decreased to $2.40 million from $2.72 million. The company’s accumulated deficit increased to $2.25 million, indicating ongoing financial challenges. The company has relied on shareholder loans to finance operations, with a working capital deficit of $459,038 as of the end of the fiscal year.

Looking ahead, Antiaging Quantum Living Inc. plans to focus on enhancing its profitability and cash flow generation capabilities. The management has expressed intentions to improve operational efficiency and explore additional business opportunities to support its strategic objectives. However, the company acknowledges substantial doubt about its ability to continue as a going concern, emphasizing the need for effective execution of its business plan to meet future obligations.