Here are the 10-K annual reports from Sino Green Land Corp (SGLA) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow SGLA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SGLA filings page.
Sino Green Land Corp. (SGLA) reported fiscal 2026 revenue of $1,422,451, up 6.3% from $1,338,300, while net loss narrowed to $1,393,031 from $1,808,994. Revenue growth primarily reflected Malaysian ringgit translation; customer count and average order value remained broadly consistent.
As of June 30, 2026, current liabilities exceeded current assets by $4,482,441; cash used in operating activities was $99,654, and accumulated deficit was $6,093,584. Management and its independent auditor cited substantial doubt about SGLA’s ability to continue as a going concern within one year after the consolidated financial statements are issued. Disclosure controls were ineffective as of June 30, 2026; reported weaknesses included no independent board or audit committee, inadequate segregation of duties and insufficient U.S. GAAP expertise.
Under a May 22, 2026 subscription agreement, an investor agreed to buy 2,000,000 shares at $0.50 each for $1,000,000; $200,000 had been received by June 30, with the remaining $800,000 to be received within one year thereafter. On August 7, 2026, SGLA agreed, subject to closing and applicable conditions and milestones, to acquire 100% of Invent Fortune Sdn. Bhd. and 60% of Xing Da Plastics Sdn. Bhd. for 36,527,833 and 4,800,000 common shares, respectively.
Sino Green Land Corp. (SGLA) filed its annual report for the year ended June 30, 2025. The Malaysia-based PET recycling business reported net revenues of $1,338,300 and a net loss of $1,808,994, with a gross loss of $1,254,824 as higher input impurities lifted costs while average order size fell.
Liquidity remains strained. The company disclosed a working capital deficit of $4,442,949, cash used in operations of $845,971, a $750,000 convertible note, and $3,262,864 due to related parties. Management and the independent auditor noted substantial doubt about the company’s ability to continue as a going concern.
Operating expenses declined to $436,949, but higher cost of revenues of $2,593,124 outweighed savings. The company reported no material cybersecurity incidents and no legal proceedings. It identified material weaknesses in internal control (no independent board/audit committee, segregation of duties, limited U.S. GAAP expertise) and outlined remediation plans. Shares outstanding were 161,809,738 as of October 14, 2025. The stock trades on the OTC Pink as SGLA and is subject to penny stock rules.