CXJ Group Co., Limited has reported its financial results for the three and six months ended November 30, 2025, revealing a decline in revenue and an increase in net losses compared to the same period in the previous year. The company generated total revenue of $65,402 for the three months ended November 30, 2025, a decrease of 35% from $100,875 in the same period of 2024. For the six months, revenue fell to $156,407 from $215,257 year-over-year. The gross profit also decreased significantly, from $65,442 to $35,503 for the three months, and from $160,451 to $110,464 for the six months.
The company's net loss attributable to shareholders for the three months ended November 30, 2025, was $98,298, an improvement from a loss of $143,693 in the prior year. For the six months, the loss was $145,074 compared to $185,260 in the same period of 2024. The reduction in losses was attributed to a decrease in general and administrative expenses, which fell from $123,570 to $78,781 for the three months, and from $206,117 to $157,340 for the six months. Selling and distribution expenses also increased, rising to $54,957 from $48,624 for the three months.
Operationally, CXJ Group has seen changes in its customer base and product offerings. The company reported a significant reliance on a few major customers, with one customer accounting for 11.4% of total revenue in the latest quarter. The company continues to engage in trading motor oil and auto parts, with revenues recognized upon delivery. Additionally, CXJ Group has been focusing on brand name management services, which have also seen a decline in revenue.
In terms of strategic developments, CXJ Group has made organizational changes, including the disposal of a 51% equity interest in Xishijie Automobile Industry Ecology Technology Co., Ltd. for a nominal fee, indicating a shift in focus or restructuring of its business operations. The company has also reported an increase in cash and cash equivalents, rising to $57,481 from $10,037, and a net cash inflow from operating activities of $16,212 for the six months, a significant improvement from the cash outflow of $397,664 in the previous year.
Looking ahead, CXJ Group aims to improve profitability and expand its market share through strategic acquisitions in the automotive aftermarket industry. The company plans to diversify its product portfolio and enhance its customer base. However, management has expressed uncertainty regarding its ability to continue as a going concern, emphasizing the need for additional funding and the potential impact of market conditions on its operations.
About CXJ GROUP CO., Ltd
CXJ Group Co., Limited is a U.S.-based holding company operating primarily in China through contractual arrangements with its VIE. It engages in the automotive aftermarket industry, selling auto parts and motor oils, and providing auto detailing store consultancy under its brand "Chejiangling / Teenage Hero Car." The company develops and markets products, supports franchise stores, and aims to expand its network across China and Southeast Asia.
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