OTC: EVOH
EvoAir Holdings Inc.CIK 0001700844 · SIC 3585 · Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Micro
Revenue $285K
Assets $44M
as of Aug 23, 2026
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S-1/A
Filed Jul 24, 2026
Summary not yet generated.
10-Q
Filed Jul 10, 2026
· Period ending May 31, 2026
Summary not yet generated.
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10-Q
Filed Apr 10, 2026
· Period ending Feb 28, 2026
Summary not yet generated.
10-Q
Filed Jan 13, 2026
· Period ending Nov 30, 2025
Summary not yet generated.
8-K
Filed Nov 12, 2025
· Period ending Nov 12, 2025
Summary not yet generated.
S-1/A
Filed Nov 12, 2025
Summary not yet generated.
10-K
Filed Nov 12, 2025
· Period ending Aug 31, 2025
Summary not yet generated.
S-1/A
Filed Sep 19, 2025
Summary not yet generated.
S-1/A
Filed Jul 29, 2025
Summary not yet generated.
10-K
Filed Nov 29, 2024
· Period ending Aug 31, 2024
Summary not yet generated.
8-K
Filed Sep 10, 2024
· Period ending Sep 10, 2024
Summary not yet generated.
8-K
Filed Dec 13, 2023
· Period ending Dec 13, 2023
Summary not yet generated.
Latest financial statements
From 10-Q filed Jul 10, 2026 (period ending May 31, 2026). As printed on the EDGAR/iXBRL face — not generated by the model.
Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited)
| Description | Three months ended May 31, 2026 | Three months ended May 31, 2025 | Nine months ended May 31, 2026 | Nine months ended May 31, 2025 |
|---|---|---|---|---|
| Revenue | 123,574 | 37,306 | 211,613 | 160,359 |
| Cost of revenue | 116,751 | 8,505 | 201,580 | 168,681 |
| Gross profit/(loss) | 6,823 | 28,801 | 10,033 | (8,322) |
| Operating expenses: | ||||
| Selling and marketing expenses | 617 | 5,566 | 4,712 | 20,264 |
| General and administrative expenses | 1,086,034 | 1,231,898 | 3,128,448 | 7,096,421 |
| Total operating expenses | 1,086,651 | 1,237,464 | 3,133,160 | 7,116,685 |
| Loss from operation | (1,079,828) | (1,208,663) | (3,123,127) | (7,125,007) |
| Other income | ||||
| Interest income/(expense) | (43) | (32) | (55) | 147 |
| Other income | 1,654 | 21,857 | 1,972 | 24,130 |
| Total other income/(expense) | 1,611 | 21,825 | 1,917 | 24,277 |
| Loss from operation before income taxes | (1,078,217) | (1,186,838) | (3,121,210) | (7,100,730) |
| Income tax expenses | - | - | - | - |
| Net loss | (1,078,217) | (1,186,838) | (3,121,210) | (7,100,730) |
| Less: Net loss attributable to non-controlling interests | (64,781) | (69,014) | (190,612) | (221,683) |
| Net loss attributable to equity holders of the Company | (1,013,436) | (1,117,824) | (2,930,598) | (6,879,047) |
| Other comprehensive income/(loss): | ||||
| Foreign currency translation adjustment | 7,077 | (103,798) | (115,755) | (89,560) |
| Total comprehensive loss | (1,006,359) | (1,221,622) | (3,046,353) | (6,968,607) |
| Less: net comprehensive income attributable to non-controlling interests | 12,076 | (21,508) | (42,157) | (9,273) |
| Net comprehensive loss attributable to equity holders of the Company | (1,018,435) | (1,200,114) | (3,004,196) | (6,959,334) |
| Net loss attributable to equity holders of the Company per common share: | ||||
| Basic and diluted* | (0.04) | (0.04) | (0.11) | (0.26) |
| Weighted average number of common shares outstanding: | ||||
| Basic and diluted | 27,180,631 | 27,180,631 | 27,180,631 | 26,709,695 |
Condensed Consolidated Balance Sheets (Unaudited)
| Description | May 31, 2026 | August 31, 2025 |
|---|---|---|
| ASSETS | ||
| Current assets | ||
| Cash and cash equivalents | 35,811 | 93,329 |
| Accounts receivable, net | 34,402 | 56,235 |
| Inventories | 310,960 | 316,508 |
| Deposit, prepayments and other receivables | 59,561 | 61,676 |
| Total current assets | 440,734 | 527,748 |
| Non-current assets | ||
| Property, plant and equipment, net | 226,862 | 264,557 |
| Operating lease right-of-use assets | 46,456 | 91,408 |
| Deferred offering cost | 3,233,652 | 3,225,464 |
| Technology-related intangible assets, net | 39,670,502 | 41,579,778 |
| Total non-current assets | 43,177,472 | 45,161,207 |
| TOTAL ASSETS | 43,618,206 | 45,688,955 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| Current liabilities | ||
| Accounts payable and accruals | 577,456 | 548,194 |
| Other payables | 215,684 | 149,034 |
| Deferred revenue | 25,929 | 11,005 |
| Hire purchase creditor | - | 4,852 |
| Amounts due to shareholders | 3,544,333 | 2,436,407 |
| Operating lease liability current | 50,342 | 63,262 |
| Total current liabilities | 4,413,744 | 3,212,754 |
| Non-current liabilities | ||
| Operating lease liabilities | - | 34,774 |
| Total non-current liabilities | - | 34,774 |
| TOTAL LIABILITIES | 4,413,744 | 3,247,528 |
| Commitments and contingencies (Note 14) | - | - |
| Shareholders’ equity | ||
| Common stock, 250,000,000 authorized; $0.001 par value, 27,180,631 and 27,180,631 shares issued and outstanding as at May 31, 2026 and August 31, 2025* | 27,181 | 27,181 |
| Additional paid in capital | 97,492,063 | 97,492,063 |
| Accumulated other comprehensive loss | (159,196) | (85,598) |
| Accumulated deficit | (56,959,317) | (54,028,719) |
| Non-controlling interest | (1,196,269) | (963,500) |
| Total shareholders’ equity | 39,204,462 | 42,441,427 |
| TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY | 43,618,206 | 45,688,955 |
Condensed Consolidated Statements of Cash Flows (Unaudited)
| Description | May 31, 2026 | May 31, 2025 |
|---|---|---|
| Cash flows from operating activities | ||
| Net loss | (3,121,210) | (7,100,730) |
| Adjustments for non-cash income and expenses: | ||
| Depreciation | 93,738 | 84,729 |
| Amortization | 1,909,276 | 2,707,257 |
| Stock based expense | - | 3,261,676 |
| Changes in operating assets and liabilities: | ||
| Accounts receivables | 21,833 | 3,419 |
| Inventories | 5,548 | 25,026 |
| Deposit, prepayments and advances to suppliers | 2,115 | 32,624 |
| Operating lease right-of-use assets | 44,952 | 61,007 |
| Accounts payable and accruals | 29,262 | 14,162 |
| Deferred revenue | 14,924 | 6,002 |
| Operating lease liabilities | (47,694) | (63,847) |
| Other payables | 66,650 | 68,580 |
| Net cash used in operations | (980,606) | (900,095) |
| Cash flows from investing activity | ||
| Purchase of property, plant and equipment | - | (5,902) |
| Cash used in investing activity | - | (5,902) |
| Cash flows from financing activities | ||
| Loan from shareholders | 1,107,926 | 972,045 |
| Payments of hire purchase | (4,852) | (6,003) |
| Payment of deferred offering costs | (8,188) | (42,454) |
| Net cash generated from financing activities | 1,094,886 | 923,588 |
| Net decrease in cash and cash equivalents | 114,280 | 17,591 |
| Effect of exchange rate changes | (171,798) | (89,560) |
| Cash and cash equivalents at start of period | 93,329 | 152,985 |
| Cash and cash equivalents at end of period | 35,811 | 81,016 |
Amounts as printed on the EDGAR/iXBRL face. Labels, columns, and figures are the filing face, not a GAAP stencil. Interactive statements & notes on EDGAR ↗