July 2, 2026
Quantas Advantage Inc. (QAINC)
Unaudited financial statements for the nine months ended March 31, 2026:
Quantas Advantage Inc. (QAINC) for the nine months ended March 31, 2026, reported a 45% increase in Net Interest Income totalling US$1.97 million compared to US$1.36 million in the corresponding period last year, driven primarily by sustained growth in the Company’s investment portfolio and higher yields on interest-bearing assets, partially offset by higher interest expense on borrowings.
Realised Gains declined 7% to US$312,964 (2025: US$335,721), while the Company recorded an Unrealised Foreign Exchange Gain of US$106,256, relative to a loss of US$153,989 in the prior year period. Consequently, Total Revenue increased by 55% to US$2.39 million compared to US$1.55 million for the nine months ended March 31, 2025.
The Company recognised an Expected Credit Gain of US$8,839 (2025: loss of US$321), reflecting stable credit performance across the portfolio.
Operating Expenses increased by 45% to US$530,458 (2025: US$365,511), driven primarily by higher management fees, which scaled with the growth in the asset base, along with higher legal and professional costs.
Consequently, Net Income Before Tax for the nine months ended March 31, 2026, amounted to US$1.87 million, a 58% increase relative to US$1.18 million reported in 2025.
Taxation amounted to US$162,352 (2025: US$119,627). As such, Net Profit for the nine months amounted to US$1.71 million, a 61% increase from the US$1.06 million reported in 2025.
Consequently, Earnings Per Share for the nine months amounted to US$0.006 or J$0.92 (2025: EPS: US$0.004 or J$0.57). The twelve-month trailing EPS was US$0.009 or J$1.38, and the number of shares used in these calculations was 295,651,259.
Notably, QAINC’s stock price closed the trading period on July 1, 2026, at a price of J$22.00 with a corresponding P/E ratio of 15.91x.
Balance Sheet Highlights
The Company’s assets totalled US$35.39 million (2025: US$29.99 million), an increase of 18% year over year. The growth in total assets was primarily driven by Purchased Receivables of US$3.53 million (2025: nil) acquired during the period, alongside a US$2.54 million or 17% increase in Financial Assets at Fair Value to close the period at US$17.74 million.
Total Liabilities increased to US$16.51 million (2025: US$11.85 million), primarily reflecting a new J$700 million (US$4.43 million) loan facility drawn during the period.
Shareholders’ Equity was US$18.88 million (2025: US$18.14 million), representing a book value per share of US$0.064 or J$10.13 (2025: US$0.061 or J$9.72).
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