Hong Kong, Dec. 12, 2025 (GLOBE NEWSWIRE) — GRANDE GROUP LIMITED (“GRAN” or the “Company”) (NASDAQ:GRAN), a Hong Kong-based financial services provider which principally engages in the provision of corporate finance advisory services and IPO sponsor services through its Hong Kong subsidiary, Grande Capital Limited, today announced its unaudited financial results for the six months ended September 30, 2025 (“First Half 2026”).
First Half of Fiscal Year 2026 Financial Results
| For the Six Months Ended September 30, |
||||||||||||
| Selected Unaudited Interim Condensed Consolidated Statements of Income Data | 2025 USD |
2024 USD |
Change % |
|||||||||
| Revenue | 293,929 | 1,750,043 | (83.2 | ) | ||||||||
| Cost of revenue | 336,543 | 499,092 | (32.6 | ) | ||||||||
| General and administrative expenses | 1,158,751 | 716,183 | 61.8 | |||||||||
| Unrealized loss on equity security | 370,666 | — | N/A | |||||||||
| Provision for income taxes | — | 97,248 | (100.0 | ) | ||||||||
| Net (loss) income | (1,481,318 | ) | 442,832 | (434.5 | ) | |||||||
| (Loss) income per share – basic and diluted | (0.06 | ) | 0.04 | (250.0 | ) | |||||||
Revenues
Revenues decreased by 83.2% from $1,750,043 for the six months ended September 30, 2024 to $293,929 for the six months ended September 30, 2025. The decrease was primarily due to decrease in our initial public offering (“IPO”) sponsorship services, referral services, general advisory services, independent financial advisory services and compliance advisory services.
| ● | Revenues from IPO sponsorship services was $52,083 in the six months ended September 30, 2025, compared to $234,686 in … |