The Awareness Group, Inc. (formerly Freedom Holdings, Inc.) reported significant financial improvements in its third quarter of fiscal year 2026, with revenues reaching $2.78 million, a substantial increase from $74,508 in the same period last year. For the nine months ending June 30, 2026, total revenue was $5.34 million, compared to $466,383 for the prior year. The company achieved a net income of $983,626 for the quarter, translating to $569,200 attributable to the company after accounting for non-controlling interests, a notable recovery from a net loss of $550,848 in Q3 FY2025. Year-to-date, net income stood at $1.15 million, compared to a loss of $852,108 in the previous year.
The financial results reflect a strategic shift following the acquisition of a 51% stake in Prosper Energy, which contributed $1.03 million in dealer fees during the quarter. The company recognized $1.75 million in revenue from its solar projects, indicating a successful execution of its business model focused on residential solar-plus-storage systems. The acquisition of Prosper Energy is still pending finalization, contingent upon the execution of a definitive agreement and confirmation from auditors regarding control.
Operationally, The Awareness Group reported a significant increase in accounts receivable and contract assets, totaling $3.6 million, primarily driven by the Thrive Power LLC program and the Prosper Energy pipeline. The company’s project pipeline includes 63 residential solar and battery projects with a gross contract value of approximately $3.18 million. This includes projects at various stages, with 13 projects having reached permission-to-operate and others in installation or permitting phases. The company’s cash position improved to $217,291, up from $89,914 at the end of the previous fiscal year.
Despite these positive developments, The Awareness Group continues to face challenges, including a net stockholders’ deficit of $229,639 and negative working capital, raising concerns about its ability to continue as a going concern. Management plans to address these issues by deploying its solar portfolio, monetizing investment tax credits, and securing additional financing. The company is also undergoing a re-audit of its financial statements for fiscal years 2024 and 2025, which may lead to further adjustments in reported figures.
Looking ahead, The Awareness Group aims to convert its substantial accounts receivable into cash and finalize the acquisition of Prosper Energy, which is expected to enhance its market position in the solar energy sector. The company’s management remains focused on executing its growth strategy while addressing the ongoing challenges related to its financial reporting and operational controls.
About Freedom Holdings, Inc.
Freedom Holdings, Inc. is a development-stage company engaged in energy and technology sectors. It operates through subsidiaries like TAG, offering solar services, financing, and project management for commercial and residential energy projects. The company focuses on innovation in alternative energy, business consulting, and strategic acquisitions, aiming to deliver value through sustainable energy solutions and growth opportunities in a competitive market.
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