United Express Reports Significant Revenue Decline and Strategic Acquisitions

United Express, Inc. reported its financial results for the three and nine months ended March 31, 2025, revealing a significant decline in revenue compared to the same period in the previous fiscal year. For the three months ended March 31, 2025, the company generated total revenues of $25,000, a decrease of approximately 47% from $46,815 in the prior year. For the nine-month period, revenues fell to $64,232 from $210,450, marking a decline of about 70%. The company reported a net income of $2,721 for the three months, contrasting with a net loss of $1,387 in the same quarter of 2024. However, for the nine months, United Express recorded a net loss of $19,845, a reduction from a loss of $2,004,814 in the previous year.

The company's balance sheet as of March 31, 2025, showed total assets of $13,719,572, a slight decrease from $13,724,909 as of June 30, 2024. Current assets dropped significantly, primarily due to a reduction in cash, which fell to $265 from $15,602. The company’s current liabilities increased marginally to $1,105,967 from $1,091,459, while stockholders' equity decreased slightly to $12,613,605 from $12,633,450. The accumulated deficit also widened to $2,575,206 from $2,555,361.

Strategically, United Express has made notable developments, including the acquisition of assets from Jebour Two Limited and its subsidiary, Fighting Leagues TV, in September 2023. This acquisition involved the issuance of 12,380,951 shares of common stock and included a Nevada State Athletic Commission Professional Promoter license, which allows the company to produce live combat sports events. The management is currently assessing the viability of promoting such events, although they acknowledge that significant planning and capital will be required, and potential earnings may not materialize for several months.

Operationally, the company has faced challenges, including a limited customer base and increased costs due to fluctuations in oil prices affecting the logistics industry. The filing indicates that the company has not diversified its customer base, which poses a risk to its revenue stability. As of March 31, 2025, the company had a cash balance of only $265, raising concerns about its liquidity and ability to sustain operations. The management has indicated that they are closely monitoring market conditions and may adjust pricing strategies in response to rising fuel costs.

Looking ahead, United Express has expressed uncertainty regarding its future operations, particularly in light of its current financial position and the ongoing assessment of its new business ventures. The company has not provided specific forward-looking guidance but has acknowledged the need for additional capital to support its strategic initiatives and operational needs. The management's focus remains on evaluating the profitability of its new asset acquisitions and the potential for revenue generation from combat sports events in Nevada.