Quarterly Financial Reports

What changed this quarter

Apple iSports Group Inc (AAPI) reported a pronounced quarterly pivot in QQ4 2025, delivering a net income of $1,844,032 on a largely undisclosed revenue base and a tightly managed cost structure. The quarter showed a negative operating income of $524,844 but benefited from a substantial positive contribution from total other income and expenses, totaling $2,368,876, which drove pretax profitability and culminated in a net income print of $1.84 million. This contrasts with a string of Q1–Q3 2025 results that included notably negative quarterly earnings (e.g., Q3 -$4.51 million, Q1 -$3.19 million, Q2 -$0.55 million), marking a meaningful QoQ improvement (operating income up ~76.6% QoQ; YoY operating income up ~41.5% on a negative base) and a substantial YoY rebound in net income (+307.5%). The quarter also generated solid operating cash flow of $2.27 million and free cash flow of $2.27 million, underscoring cash-generation strength even as the balance sheet shows a lean cash position at period end ($55,938). Financing activity was an outflow (~$2.22 million), driven by debt repayment ($1.06 million) and a sizable common stock issuance ($2.62 million), which together left the cash balance tight despite robust operating cash flow. The revenue line for QQ4 2025 is not disclosed in the provided data, limiting visibility into the core top-line trajectory. Going forward, the sustainability of the earnings surge hinges on material topline growth and monetization of the platform in a regulated US/Australia betting environment. This report outlines the implications for investors, highlighting the need for clear revenue visibility and scalable profitability.