Moving iMage Technologies, Inc. (MITQ) FY2026 earnings

Reported results

• FY’26 net sales decreased 4.6% to $17.32M from $18.15M in FY’25, principally due to reduced customer project activity, offset by $882K in DCS revenue contribution.
• FY’26 gross profit increased 10% to $5.03M from $4.57M in FY’25, with gross margin expanding to 29.1% from 25.2%.
• FY’26 net loss on GAAP basis improved to $(297K), or $(0.03) per share, compared to $(948K), or $(0.10) per share, in FY’25.
• FY’26 operating expenses decreased 2.3% to $5.53M from $5.66M in FY’25.
• Q4’26 net sales declined to $4.55M from $5.88M in Q4’25, with net loss of $(296K), or $(0.03) per share, versus $(156K), or $(0.02) per share, in Q4’25.
• As of June 30, 2026, MiT held working capital of $4.0M, including net cash of $3.2M and zero debt.

Guidance

• Moving iMage currently expects revenue of approximately $4.5M for Q1’27 ending September 30.
• Moving iMage is optimistic regarding the potential to deliver top line growth and profitability for the full FY 2027 year.
• DCS products order backlog currently stands at approximately $458,000.

Notes

The company acquired the DCS cinema loudspeaker line in Q2’26. FY’26 results include $882K of DCS revenue. Other income includes $128K from extinguishment of payables in FY’26. Cash decreased $2.5M during FY’26 due to negative operating cash flow of $(2.467M).

Price and volatility reaction

Source

The figures above come from the earnings release the company filed with the SEC on 2026-09-30 (8-K, Item 2.02). Read the original filing on sec.gov.