AiRWA FY26 operating loss widens to $6.12 million; revenue more than doubled to $25.81 million

AiRWA posted revenue of $25.81 million, more than doubled from a year earlier. Operating results turned to a loss of $6.12 million, versus operating income of $6.58 million a year earlier. Gross profit fell 66% to $3.34 million, while cost of revenue climbed to $22.47 million. General and administrative expense rose 167% to $8.71 million, and selling and marketing expense totaled $746,230.