YSX Tech. Co., Ltd Class A Ordinary SharesReports 16.8% revenue growth to $83.5M, though net income declined due to strategic shift and non-cash expenses.

YSX TECH. CO. LTD announced its financial results for the fiscal year ended March 31, 2026, reporting total revenue of $83.5 million, a 16.8% increase from $71.5 million in the prior year. The growth was driven primarily by a 27.4% increase in auto insurance aftermarket value-added services revenue to $80.8 million, which accounted for 96.7% of total revenue, as the company processed over 6.07 million service calls, up 28.8% year-over-year. Net income declined to $2.8 million from $4.0 million, reflecting a strategic shift toward higher-volume, lower-margin services and $1.8 million in non-cash share-based compensation expenses. The company ended the fiscal year with $5.9 million in cash and a working capital balance of $34.8 million.
YSX Tech. Co., Ltd Class A Ordinary SharesReports 16.8% revenue growth to $83.5M, though net income declined due to strategic shift and non-cash expenses.