Awaysis Capital Reports Revenue Surge to $92,808 and Reduced Net Loss in Latest Quarter

Awaysis Capital, Inc. reported significant financial developments in its latest 10-Q filing for the quarter ending March 31, 2025. The company generated revenue of $92,808 for the three months ended March 31, 2025, a substantial increase from $8,148 in the same period last year. For the nine months ending March 31, 2025, total revenue reached $275,453, compared to $42,048 for the same period in 2024. This growth is attributed to the availability of rental units that were not operational in the previous year, as well as additional income from the recently acquired Chial Reserve assets.

In terms of expenses, Awaysis Capital reported operating expenses of $640,519 for the three months ended March 31, 2025, down from $2,237,038 in the prior year. The decrease is primarily due to a significant salary bonus that was granted in the previous year, which was not repeated in the current period. The company recorded a net loss of $573,965 for the latest quarter, a notable reduction from a loss of $2,228,890 in the same quarter of 2024. For the nine-month period, the net loss was $2,081,874, down from $6,388,997 in the prior year.

Operationally, Awaysis Capital has made strides in expanding its asset base. The company completed the acquisition of Chial Mountain Ltd. on December 31, 2024, for a total estimated purchase price of $5.5 million. This acquisition included approximately 35 villas and over 63 acres of real estate in Belize, which the company plans to develop into an Awaysis-branded residential enclave community. As of March 31, 2025, the company reported total assets of $17,232,270, a significant increase from $12,483,146 as of June 30, 2024.

The company’s financial position has also changed, with total liabilities increasing to $11,368,060 from $4,798,625 in the previous fiscal period. This rise is largely due to increased borrowings, including a $2,987,785 line of credit and a $3,181,365 convertible note payable to related parties. Awaysis Capital's cash balance decreased to $133,829 from $745,991, reflecting cash used in operations and investments. The company reported a positive working capital of $517,958, bolstered by recent capital raises and loans.

Looking ahead, Awaysis Capital anticipates continued growth as it focuses on developing its properties and expanding its rental operations. The company plans to leverage its recent acquisitions and the growing trend of remote work to attract customers seeking long-term stays in desirable locations. However, management acknowledges the need for additional capital to support ongoing operations and future growth initiatives, emphasizing the importance of securing funding through equity or debt offerings.