Phaos Technology Holdings (Cayman) Limited Announces Filing of Annual Report on Form 20-F for Fiscal Year 2026

Fiscal 2026 revenue declined, while cash increased and shareholders' equity moved from a deficit to a positive balance.

Rhea-AI Summary

Phaos Technology Holdings (Cayman) (POAS) filed its fiscal 2026 annual report with the SEC on August 31, 2026. For the year ended April 30, 2026, revenue fell to S$132,077 from S$167,707. The company attributed the decline primarily to delayed customer orders it expects to capture in fiscal 2027.

Service revenue rose 59.3% to S$10,845. Cash and cash equivalents increased to S$762,234 from S$129,552 a year earlier, while shareholders' equity improved to S$5.30 million from a S$1.96 million deficit. The year included non-recurring costs associated with completing the November 2025 initial public offering and business development spending for expansion. Phaos expects revenue growth for the six months ended October 2026.

5 points · 0 major

PositiveiHow this balance works

How this balance works

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Rhea-AI Sentiment measures something else, the tone of the wording.

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0 major · 3 points

Hollow bars mark forward-looking points. How the balance works

Positive

• Moderate pointShareholders' equity improved to S$5.30 million from a deficit of S$1.96 million.
• Minor pointService revenue increased 59.3% to S$10,845 in fiscal 2026 from S$6,808 in fiscal 2025.
• Minor pointCash and cash equivalents rose to S$762,234 at April 30, 2026, from S$129,552 a year earlier.
• Minor point. Forward-looking: it has not happened yet and may not happen.Phaos expects delayed customer orders to be captured in fiscal 2027.
• Minor point. Forward-looking: it has not happened yet and may not happen.Phaos expects revenue growth for the six months ended October 2026.

Negative

• Minor pointFiscal 2026 revenue fell to S$132,077 from S$167,707, primarily due to delayed orders, Phaos said.
• Minor pointFiscal 2026 included non-recurring costs associated with completing the November 2025 initial public offering.
• Minor pointExpansion initiatives involved business development expenditure during fiscal 2026.

Key Figures

Revenue: S$132,077 vs. S$167,707 Service revenue: S$10,845, up 59.3% from S$6,808 Cash and cash equivalents: S$762,234 vs. S$129,552 +1 more

Revenue

S$132,077 vs. S$167,707

FY2026 vs. FY2025

Service revenue

S$10,845, up 59.3% from S$6,808

FY2026 vs. FY2025

Cash and cash equivalents

S$762,234 vs. S$129,552

As of April 30, 2026 vs. a year earlier

Shareholders' equity

S$5.30 million vs. a deficit of S$1.96 million

FY2026 vs. a year earlier

Key Terms

form 20-f, audited consolidated financial statements, cash and cash equivalents

3 terms

form 20-f regulatory

"filed its annual report on Form 20-F"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

audited consolidated financial statements financial

"includes the Company’s audited consolidated financial statements"

A set of financial reports that combine a parent company and all its subsidiaries into one overall picture, examined and verified by an independent auditor. Think of it as a household budget that merges every family member’s accounts and is then checked by a neutral accountant; it gives investors a single, trustworthy view of the group’s assets, debts, income and cash flow. That independent check matters because it reduces the chance of hidden problems and helps investors compare companies on a level playing field.

cash and cash equivalents financial

"cash and cash equivalents increased to S$762,234"

Cash and cash equivalents are the money a company has on hand plus very short-term, low-risk investments that can be quickly turned into cash, like bank deposits or government bills. Investors watch this figure because it shows a company’s immediate ability to pay bills, cover unexpected costs, and fund operations or growth — like a household’s checking account and emergency fund that keeps daily life running smoothly.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SINGAPORE, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Phaos Technology Holdings (Cayman) Limited (NYSE American: POAS) (“Phaos” or “the Company”), an advanced microscopy technology company headquartered in Singapore, announced that it filed its annual report on Form 20-F (the “Annual Report”) for the fiscal year ended April 30, 2026 with the U.S. Securities and Exchange Commission (the “SEC”) on August 31, 2026.

The Annual Report, which includes the Company’s audited consolidated financial statements for the fiscal year ended April 30, 2026, is available through the SEC’s EDGAR database at www.sec.gov. Investors may also access the Company’s investor relations website at https://ir.phaostech.com/ for Company information and filings.

For fiscal year 2026, the Company reported revenue of S$132,077, compared with S$167,707 for fiscal year 2025, with the decrease primarily attributable to delayed customer orders that the Company expects to be captured in fiscal year 2027. The year also included non-recurring costs associated with completing the Company's November 2025 initial public offering, alongside substantial business development expenditure as the Company pursued expansion initiatives. Service revenue increased by 59.3% to S$10,845 from S$6,808, while cash and cash equivalents increased to S$762,234 as of April 30, 2026 from S$129,552 a year earlier, and total shareholders' equity improved to S$5.30 million from a deficit of S$1.96 million. The Company expects significant momentum with expected growth in revenue going forward for six months ended October 2026.

About Phaos Technology Holdings (Cayman) Limited

Phaos Technology Holdings (Cayman) Limited is an advanced microscopy technology company. Our commitment to innovation and excellence drives us to deliver state-of-the-art microscopy products and software solutions, powered by artificial intelligence, for diverse sectors including manufacturing, biomedical, and research. Experience the difference with Phaos Technology – where innovation meets sophistication, shaping the future of optical technology. For more information, please visit www.phaostech.com.

Forward Looking Statements

This news release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “anticipate”, “believe”, “expect”, “estimate”, “plan”, “outlook”, and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on our management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of our control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing our views as of any subsequent date, and we do not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements can be found in our reports filed with the United States Securities and Exchange Commission, which are available, free of charge, on the SEC’s website at www.sec.gov.

For more information please contact:

Company Contact:
Phaos Technology Holdings (Cayman) Limited
ir@phaostech.com 

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What revenue did Phaos Technology (POAS) report for fiscal 2026?

Phaos reported fiscal 2026 revenue of S$132,077, compared with S$167,707 for fiscal 2025. The company attributed the decrease primarily to delayed customer orders it expects to capture in fiscal 2027.

When did Phaos Technology (POAS) file its fiscal 2026 annual report?

Phaos filed its annual report on Form 20-F with the SEC on August 31, 2026. It covers the fiscal year ended April 30, 2026 and includes audited consolidated financial statements.