balance equationinconsistent2023-08-31
Withheld: equity could not be reconciled with the rest of this filer’s statement.
Revenue
$226.35K
Fiscal year ended 2026-05-31Operating income
-$102.87K
Fiscal year ended 2026-05-31Free cash flow
-$75.41K
Fiscal year ended 2026-05-31UPAY (UPYY) reported revenue of $226.35K and net income of -$115.44K for the fiscal year ended 2026-05-31. 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
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $226.35K | $202.36K | $184.59K | $188.95K | $170.41K | $139.58K | $150.37K | $168.07K | $257.25K | $333.43K |
| Cost of revenue | $59.40K | $56.47K | $54.54K | $45.20K | $42.58K | $42.80K | $44.40K | $49.38K | $134.33K | $174.21K |
| Gross profit | $166.94K | $145.89K | $130.04K | $143.75K | $127.83K | $96.79K | $105.97K | $118.69K | $122.92K | $159.22K |
| Operating income | -$102.87K | -$104.25K | -$113.39K | -$105.27K | -$130.60K | -$29.83K | -$150.82K | -$184.20K | -$144.00K | -$190.25K |
| Net income | -$115.44K | -$115.26K | -$1.03M | -$117.25K | -$141.99K | -$38.88K | -$159.18K | -$191.32K | -$150.68K | -$227.28K |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 17.29M | Unavailable | shares 17.12M | shares 16.85M | shares 16.80M | Unavailable | shares 16.74M | shares 16.47M | shares 16.11M | Unavailable |
| Pretax income | -$115.44K | -$115.26K | -$1.03M | -$117.25K | -$141.99K | -$38.88K | -$159.18K | -$191.32K | -$150.68K | -$192.90K |
| Income tax expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $34.38K |
| Diluted EPS | $-0.01 | Unavailable | $-0.06 | $-0.01 | $-0.01 | Unavailable | $-0.01 | $-0.01 | $-0.01 | Unavailable |
| Selling, general & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| General & administrative | $268.19K | $248.42K | $241.71K | $247.26K | $256.71K | $124.79K | $254.83K | $300.95K | $264.01K | $347.59K |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $91.69K | $96.28K | $67.42K | $35.52K | $43.62K | $55.36K | $31.94K | $121.85K | $231.20K | $642.85K |
| Total assets | $224.49K | $227.41K | $211.84K | $173.16K | $199.18K | $234.15K | $168.80K | $206.68K | $336.17K | $770.34K |
| Current assets | $158.26K | $153.61K | $136.61K | $94.28K | $115.52K | $147.71K | $135.91K | $165.56K | $290.82K | $719.12K |
| Total liabilities | $807.43K | $741.27K | $698.20K | $834.01K | $775.76K | $703.00K | $526.37K | $523.35K | $655.30K | $1.03M |
| Current liabilities | $538.40K | $420.33K | $335.89K | $503.66K | $490.42K | $534.20K | $450.20K | $447.19K | $579.14K | $948.99K |
| Total equity incl. NCI | -$582.94K | -$513.86K | -$486.35K | -$660.84K | -$576.58K | -$468.86K | -$357.56K | -$316.66K | -$319.12K | -$254.81K |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts receivable | $54.34K | $44.55K | $57.16K | $41.22K | $37.61K | $39.70K | $35.08K | $30.57K | $46.68K | $73.40K |
| Goodwill | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Long-term debt | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Accounts payable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Cash flow
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$74.22K | -$28.66K | -$70.61K | -$58.09K | -$130.68K | -$23.04K | -$90.58K | -$225.33K | -$425.73K | -$186.57K |
| Capital expenditures | $1.19K | $1.15K | $12 | $830 | $0 | $0 | $0 | Unavailable | Unavailable | -$49 |
| Investing cash flow | -$1.19K | -$1.15K | -$12 | -$830 | $0 | $0 | $0 | Unavailable | Unavailable | $48 |
| Financing cash flow | $75.00K | $50.00K | $100.00K | $50.00K | $120.00K | $50.00K | $0 | $100.00K | $0 | $2 |
| Net change in cash | -$4.59K | $28.86K | $31.90K | -$8.10K | -$11.74K | $23.43K | -$89.91K | -$109.35K | -$411.65K | -$203.14K |
| Stock-based compensation | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | Unavailable | Unavailable | Unavailable | $0 |
| Common dividends paid | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $0 | Unavailable | Unavailable | Unavailable | $0 |
| Depreciation & amortization | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Derived
| Metric | 2026-05-31 | 2026-02-28 | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 | 2024-11-30 | 2024-08-31 | 2024-05-31 | 2024-02-29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | -$75.41K | -$29.82K | -$70.62K | -$58.92K | -$130.68K | -$23.04K | -$90.58K | Unavailable | Unavailable | Unavailable |
| Gross margin | 73.8% | 72.1% | 70.5% | 76.1% | 75.0% | 69.3% | 70.5% | 70.6% | 47.8% | 47.8% |
| Operating margin | -45.4% | -51.5% | -61.4% | -55.7% | -76.6% | -21.4% | -100.3% | -109.6% | -56.0% | -57.1% |
| FCF margin | -33.3% | -14.7% | -38.3% | -31.2% | -76.7% | -16.5% | -60.2% | Unavailable | Unavailable | Unavailable |
| SBC / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | 0.0% |
| Current ratio | 0.29x | 0.37x | 0.41x | 0.19x | 0.24x | 0.28x | 0.30x | 0.37x | 0.50x | 0.76x |
| Revenue YoY growth | 32.8% | 45.0% | 22.8% | 12.4% | -33.8% | -58.1% | -58.7% | -53.8% | -22.6% | -1.4% |
| Net margin | -51.0% | -57.0% | -559.2% | Unavailable | -83.3% | -27.9% | -105.9% | Unavailable | Unavailable | -68.2% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 0.5% | 0.6% | 0.0% | 0.4% | 0.0% | 0.0% | 0.0% | Unavailable | Unavailable | -0.0% |
| Long-term debt / equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
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
Reconciliation checks needing review
1 period on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.