OZ Vision Inc. Reports 42% Revenue Decline and Increased Net Loss for Nine Months Ending March 31, 2026

OZ Vision Inc. reported its financial results for the nine months ending March 31, 2026, revealing a significant decline in revenue compared to the same period in the previous year. The company generated total revenues of $37,440, a decrease of approximately 42% from $64,232 in the prior year. For the third quarter alone, revenues fell to $10,540 from $25,000, reflecting ongoing challenges in its logistics operations. The gross profit for the nine-month period was $4,794, down from $29,680, while the company recorded a net loss of $47,448, compared to a loss of $19,845 in the same period last year.

The financial statements indicate that OZ Vision's total assets remained relatively stable, with a slight increase to $13,709,375 as of March 31, 2026, from $13,709,359 at June 30, 2025. However, current liabilities rose to $1,188,974 from $1,141,510, primarily due to an increase in other payables. Stockholders' equity decreased to $12,520,401 from $12,567,849, driven by the accumulated net loss. The company’s cash position also deteriorated, ending the period with $68 compared to $265 a year earlier, raising concerns about its liquidity and ability to meet operational needs.

Strategically, OZ Vision completed the acquisition of assets from Fighting Leagues, which includes a promoter's license and media rights for combat sports events. This acquisition is expected to provide the company with the infrastructure necessary to promote events in Nevada, although management has indicated that significant planning and capital will be required to realize potential earnings from these activities. The company is currently assessing the profitability and operational requirements of hosting such events, which may take 6-9 months to materialize.

Operationally, OZ Vision has faced challenges in diversifying its customer base, which remains limited. The company has not reported any significant changes in customer counts or engagement metrics, and it continues to rely heavily on its logistics services. The acquisition of production and stage equipment valued at $610,417 has not yet been utilized, indicating a potential delay in operational expansion. The company’s employee headcount remains unchanged at 29,372,951 shares issued and outstanding.

Looking ahead, OZ Vision's management has expressed concerns regarding its cash flow and capital resources, stating that the current cash balance is unlikely to meet working capital needs without additional revenue or capital contributions. The company has no commitments for further capital and acknowledges the uncertainty in obtaining necessary funding. As it navigates these challenges, OZ Vision will continue to evaluate its operational strategies and the viability of its recent acquisitions to enhance its market position.