SequelSEC

UPAY UPYY

Services-Prepackaged Software · CIK 0001677897 · Fiscal year ends 0228

Revenue
$746.31K
Fiscal year ended 2026-02-28
Operating income
-$453.52K
Fiscal year ended 2026-02-28
Free cash flow
-$290.03K
Fiscal year ended 2026-02-28

UPAY (UPYY) reported revenue of $746.31K and net income of -$1.41M for the fiscal year ended 2026-02-28. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from UPAY’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Services-Prepackaged Software.

Income

UPAY income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-02-282025-02-282024-02-292023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-28
Revenue$746.31K$715.27K$1.39M$1.36M$1.46M$1.11M$1.37M$1.10M$778.26K$572.87K
Cost of revenue$198.80K$270.91K$659.79K$574.87K$505.40K$299.84K$359.02K$272.69K$143.77K$64.52K
Gross profit$547.51K$444.36K$734.62K$785.12K$953.41K$810.56K$1.01M$826.10K$634.49K$508.35K
Operating income-$453.52K-$508.86K-$681.86K-$89.24K-$323.12K-$173.84K-$3.96K-$38.92K-$91.33K-$49.20K
Net income-$1.41M-$540.06K-$736.19K-$135.49K-$368.85K-$179.54K-$3.74K-$39.87K-$94.04K-$60.89K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 17.27Mshares 16.18Mshares 16.84Mshares 17.16Mshares 23.90MUnavailableshares 24.95Mshares 25.58MUnavailableUnavailable
Pretax income-$1.41M-$540.06K-$701.81K-$117.64K-$327.55K-$179.54K-$3.74K-$35.94K-$89.04K-$49.21K
Income tax expense$0$0$34.38K$17.85K$41.30KUnavailable$16.96K$3.93K$5.00K$11.68K
Diluted EPS$-0.08$-0.03$-0.04$-0.01$-0.02Unavailable$0.00$0.00UnavailableUnavailable
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$994.11K$945.57K$1.40M$819.83K$1.22M$929.44K$961.62K$819.97K$719.97K$552.13K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

UPAY balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-02-282025-02-282024-02-292023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-28
Cash & equivalents$96.28K$55.36K$642.85K$662.99K$1.16M$307.95K$287.42K$691.22K$409.80K$262.97K
Total assets$227.41K$234.15K$770.34K$833.26K$1.45M$627.48K$560.21K$1.02M$473.31K$363.87K
Current assets$153.61K$147.71K$719.12K$733.00K$1.25M$419.32K$385.85K$798.82K$467.48K$354.95K
Total liabilities$741.27K$703.00K$1.03M$1.22M$1.71M$560.40K$373.22K$825.55K$428.10K$222.05K
Current liabilities$420.33K$534.20K$948.99K$1.12M$1.52M$411.15K$346.41K$785.68K$428.10K$222.05K
Total equity incl. NCI-$513.86K-$468.86K-$254.81K-$382.03K-$255.45K$67.08K$186.98K$197.39K$45.20K$141.82K
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivable$44.55K$39.70K$73.40K$68.45K$92.63K$106.32K$94.99K$102.73K$55.14K$89.67K
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailable$1.28M$356.49K$329.29K$774.12K$424.64K$217.59K

Cash flow

UPAY cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-02-282025-02-282024-02-292023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-28
Operating cash flow-$288.04K-$764.67K-$145.61K-$361.07K$788.82K-$84.77K-$394.84K$305.18K$152.15K$59.50K
Capital expenditures$1.99K$0$24.10K$7.99K$4.10K$5.90K$8.05K$5.02K$2.75K$3.68K
Investing cash flow-$1.99K$0-$23.27K-$7.18K-$4.10K-$25.90K-$8.05K-$5.02K-$2.75K-$3.68K
Financing cash flow$320.00K$150.00K$185.49K$29.59K$83.46K$126.34K$1.55K-$4.80KUnavailable$61.44K
Net change in cash$40.92K-$587.48K-$20.14K-$493.01K$848.06K$20.52K-$403.79K$281.41K$146.83K$116.88K
Stock-based compensationUnavailable$0$200.00K$0UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailable$0$23.50K$0$150.00KUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

UPAY derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-02-282025-02-282024-02-292023-02-282022-02-282021-02-282020-02-292019-02-282018-02-282017-02-28
Free cash flow-$290.03K-$764.67K-$169.71K-$369.05K$784.72K-$90.68K-$402.89K$300.16K$149.40K$55.81K
Gross margin73.4%62.1%52.7%57.7%65.4%73.0%73.8%75.2%81.5%88.7%
Operating margin-60.8%-71.1%-48.9%-6.6%-22.1%-15.7%-0.3%-3.5%-11.7%-8.6%
FCF margin-38.9%-106.9%-12.2%-27.1%53.8%-8.2%-29.4%27.3%19.2%9.7%
SBC / revenueUnavailableUnavailable14.3%0.0%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio0.37x0.28x0.76x0.65x0.82x1.02x1.11x1.02x1.09x1.60x
Revenue YoY growth4.3%-48.7%2.5%-6.8%31.4%-19.0%24.8%41.2%35.9%Unavailable
Net margin-188.5%-75.5%-52.8%-10.0%-25.3%-16.2%-0.3%-3.6%-12.1%-10.6%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenue0.3%0.0%1.7%0.6%0.3%0.5%0.6%0.5%0.4%0.6%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open UPYY in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-07-14View SEC filing
10-K · Filed 2026-06-02View SEC filing
10-Q · Filed 2026-01-12View SEC filing
10-Q · Filed 2025-10-10View SEC filing
10-Q · Filed 2025-07-22View SEC filing
10-K · Filed 2025-06-02View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.