Eco Science Solutions Reports $253 Revenue and $242,777 Net Loss for Quarter Ending April 30, 2026

Eco Science Solutions, Inc. reported its financial results for the three months ending April 30, 2026, revealing a net revenue of $253, a significant increase from zero revenue in the same period last year. The company recorded a net loss of $242,777, which is an improvement compared to a net loss of $273,421 for the three months ended April 30, 2025. The loss per share for the current period was $(0.01), compared to $(0.13) in the prior year, reflecting a reduction in losses on a per-share basis.

The company’s total operating expenses for the latest quarter were $232,482, down from $254,295 in the previous year. This decrease was attributed to lower research, development, and promotion costs, which fell to $62,033 from $98,717. Legal, accounting, and audit fees also increased to $30,809 from $17,459, while management and consulting fees remained relatively stable at $122,500 compared to $125,500 in the prior year. The overall reduction in operating expenses contributed to the narrower net loss.

In terms of strategic developments, Eco Science Solutions has undergone significant organizational changes, including the dissolution of its subsidiary, Ga-Du Corporation, in April 2025. The company has also engaged in various acquisitions to enhance its software offerings, including the acquisition of a proprietary software platform known as eXPO for $100,000 in April 2023. Additionally, a reverse stock split of 1-for-25 was approved by the Board of Directors and became effective on May 4, 2026, aimed at improving the company's stock price and market perception.

Operationally, Eco Science Solutions has not reported any significant customer counts or user statistics in the latest filing. However, the company has indicated that it commenced limited revenue-generating activities through its HerboPay platform, which contributed to the reported revenue. The company continues to focus on its cloud-based ERP platform and financial services platform to support cash-intensive industries, although it does not currently have operations or revenue sources outside the United States.

Looking ahead, Eco Science Solutions faces challenges as it reported an accumulated deficit of $69,526,830 and a working capital deficit of $1,406,185 as of April 30, 2026. Management has indicated intentions to fund operations through additional debt and equity financing, strategic transactions, and improved operating performance. However, the company has acknowledged the uncertainty surrounding its ability to secure additional financing or achieve profitable operations in the near future, raising concerns about its ability to continue as a going concern.