Latest 10-K annual reports

Loop Industries, a technology company focused on infinite PET recycling, reported a significant increase in revenue for the fiscal year ended February 28, 2025, primarily due to a new European technology licensing agreement, while continuing to advance its global commercialization strategy despite terminating a key joint venture in South Korea.

Artificial Intelligence Technology Solutions Inc. (AITX) announced a remarkable 175% surge in annual revenue for the fiscal year ended February 28, 2025, driven by strong demand for its AI-powered security solutions, yet faces critical financial challenges including a substantial accumulated deficit and auditor-raised concerns about its ability to continue as a going concern.

NextTrip, Inc., an early-stage travel technology company, reported a substantial net loss of over $10 million for fiscal year 2025, raising significant going concern doubts, even as it expands its booking platform and media properties through strategic acquisitions and partnerships.

Autonomix Medical, a development-stage medical device company, reported a $50.4 million accumulated deficit and negative cash flows, raising substantial doubt about its ability to continue as a going concern, despite positive early clinical trial results for its novel nerve-sensing and ablation technology.

Dorian LPG Ltd. announced a substantial decrease in revenues and net income for the fiscal year ended March 31, 2025, primarily driven by lower spot market rates and increased operating expenses, despite strategic investments in fleet modernization and a new ammonia-ready carrier.

STERIS plc announced a 6.2% increase in total revenues to $5.46 billion for fiscal year 2025, driven by robust performance in its Healthcare and Applied Sterilization Technologies segments, alongside a substantial reduction in debt after the sale of its Dental business.

NGL Energy Partners LP reports full-year results, marking a strategic shift towards Water Solutions following the sale of its refined products business and certain natural gas liquids terminals.

Charlies Holdings, Inc. faced a challenging 2024, reporting a significant 47.7% drop in revenue and a near doubling of its net loss, raising substantial doubt about its ability to continue as a going concern, despite strategic shifts towards non-nicotine products and ongoing regulatory compliance efforts.

Alixo-Yolloo Corporation, a music recognition service provider, reported a 75% increase in revenue for fiscal year 2025, but also a 234% surge in net losses, raising substantial doubt about its ability to continue as a going concern.

Medinotec, Inc. announced a significant financial turnaround in its fiscal year ended February 28, 2025, reporting an 81.5% surge in revenue and a shift from a net loss to a substantial net income, primarily fueled by new distribution agreements in South Africa and successful commercialization of its Trachealator device in the United States.

American Vanguard Corporation announced a substantial net loss of $126.3 million for 2024, driven by significant nonrecurring charges and a decline in sales, as the company undergoes a major business and digital transformation under new leadership.

Roivant Sciences Ltd. reported a net loss of $356.7 million for fiscal year 2025, primarily due to increased operating expenses and the absence of a large one-time gain from the prior year's Telavant divestiture, despite significant clinical progress across its diverse biopharmaceutical pipeline.

Immunovant, a clinical-stage immunology company, reported significant progress in its pipeline, initiating multiple registrational trials for its potentially best-in-class FcRn inhibitor IMVT-1402 across several autoimmune indications, while also announcing positive Phase 3 results for batoclimab in Myasthenia Gravis.

FingerMotion, Inc. reported a widened net loss of $5.1 million for fiscal year 2025, driven by a decline in its core telecommunications segment and increased operating expenses, despite initial revenue contributions from new Smart Mobility and DaGe platforms.

e.l.f. Beauty, Inc. announced a 28% increase in net sales to $1.31 billion for fiscal year 2025, driven by strong performance across retail and e-commerce channels, while also revealing a definitive agreement to acquire rhode for up to $1 billion.

U-Haul Holding Company announced a substantial drop in net earnings for fiscal year 2025, primarily due to increased operating expenses, higher depreciation from fleet additions, and reduced profits from the sale of used rental equipment, despite overall revenue growth.

Columbus McKinnon Corporation reported a net loss of $5.1 million for fiscal year 2025, a significant decline from the prior year's profit, driven by lower sales volume, facility consolidation costs, and a substantial non-cash pension settlement charge, while simultaneously pursuing a transformative $2.7 billion acquisition of Kito Crosby Limited.

ClearSign Technologies Corporation filed an Amendment No. 1 to its 2024 Annual Report on Form 10-K/A to correct previously reported principal accounting fees and services and to include updated Sarbanes-Oxley certifications.

Norris Industries, an oil and gas exploration and production company, reported a net loss of $561,574 for fiscal year 2025, continuing its trend of losses since 2016 and highlighting its ongoing reliance on related-party financing.

TechTarget, Inc. reported a significant increase in net loss for fiscal year 2024, reaching $116.9 million, as the company navigated a major business combination and faced substantial goodwill impairment charges.

Triumph Group, a global aerospace and defense supplier, reported a significant increase in operating income and net sales for fiscal year 2025, driven by strong aftermarket demand and strategic divestitures, as it progresses towards a $26.00 per share cash acquisition by Warburg Pincus and Berkshire Partners.

Monro, Inc. reported a net loss of $5.2 million for fiscal year 2025, driven by a 6.4% sales decrease and substantial store impairment charges, while simultaneously announcing a plan to close 145 underperforming stores and securing a more flexible credit facility.

Capri Holdings Limited, parent company of Versace, Jimmy Choo, and Michael Kors, reported a significant net loss and substantial asset impairments for Fiscal Year 2025, driven by a global luxury market slowdown and strategic challenges, while also announcing the pending sale of its Versace brand to Prada.

Reservoir Media, an independent music company, announced a 10% increase in total revenues to $158.7 million and a significant surge in net income to $7.7 million for fiscal year 2025, fueled by digital streaming growth and catalog acquisitions, despite ongoing internal control weaknesses.

Scientific Energy, Inc. announced a substantial 76% increase in total revenue to $68.6 million and a shift from a net loss of $32.7 million in 2023 to a net income of $69,847 in 2024, driven by its Macau food delivery and new graphite sales businesses, though auditors express substantial doubt about its ability to continue as a going concern.

Sono-Tek Corporation achieved record net sales of $20.5 million in fiscal year 2025, a 4% increase, primarily fueled by strong demand in the Alternative/Clean Energy market, though gross profit and net income saw a slight decrease.

Mesa Laboratories, a global leader in life sciences tools, reported an 11.5% increase in total revenues for fiscal year 2025, driven by organic growth and the GKE acquisition, while successfully managing its debt obligations and remediating prior year internal control weaknesses.

Xcel Brands, a media and consumer products company, reported a significant net loss and declining revenues in its 2024 annual filing, raising substantial doubt about its ability to continue as a going concern despite extensive restructuring efforts and new brand launches.

Zeo Energy Corp. experienced a substantial 33.2% drop in revenue and swung to a net loss of $9.87 million in 2024, primarily due to the adverse impact of higher interest rates on consumer financing for solar systems, while also disclosing material weaknesses in internal financial controls and Nasdaq listing non-compliance.

Champion Homes, Inc. announced significant financial improvements for fiscal year 2025, with net sales increasing 22.7% to $2.5 billion and net income rising 35.3% to $198.4 million, largely fueled by strategic acquisitions and robust demand in the U.S. housing market.