GLOO: revenue $94.7M, net income -$157.1M. Gloo Holdings IPO raises ~ (9.1M ×; filing rounds to ) but discloses going concern doubt amid loss

Filed April 15, 2026 · Period ending January 31, 2026 · ~2 min read

Key Changes

• high

  Management and auditor disclose substantial doubt about ability to continue operating for 12 months due to recurring losses ($11.4 million in fiscal 2026), negative operating cash flow ($80.5M), and limited liquidity despite November 2025 IPO.

  MD&A: Going Concern; Notes: Liquidity verify on EDGAR →
• high

  Three material weaknesses in internal controls persist across fiscal 2024-2026: inadequate IT controls, improper segregation of duties, and insufficient financial close processes. Company excluded recent acquisitions from control assessment.

  Controls: Material Weaknesses verify on EDGAR →
• high

  Company completed nine acquisitions for $11.4 million in fiscal 2026, with certain deals including seller repurchase rights that could force unwinding of 12% of revenue ($11.5M) if exercised.

  MD&A: Acquisitions; Notes: Business Combinations verify on EDGAR →