| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $0 | — | — |
| SG&A Expense | $104K | -4.1% | -51.3% |
| Operating Income | -$135K | +3.2% | +64.7% |
| Pre-tax Income | -$95K | +37.5% | +75.3% |
| Income Tax | $0 | — | — |
| Net Income | -$95K | +37.5% | +75.3% |
| EPS (Basic) | $0.00 | — |
| Line Item | 2026-04-30 | Q/Q | Y/Y |
|---|---|---|---|
| Cash & Equivalents | $17K | -38.3% | — |
| Current Assets | $17K | -38.3% | -45.5% |
| Total Assets | $140K | -23.0% | -93.9% |
| Current Liabilities | $686K | -5.5% | -79.5% |
| Total Liabilities | $1.2M | +4.7% | -63.9% |
| Stockholders' Equity | -$1.1M |
Business Overview
Hammer Technology Holdings Corp. is focused on sustainable shareholder value investing in financial services technology and wireless telecommunications infrastructure, with primary operations centered on its HammerPay mobile payments platform for digital commerce in developing markets. Following the divestiture of its telecommunications assets to Viper Networks in November 2024, the Company has concentrated efforts on fintech initiatives. The Company operates one reportable segment focused on providing digital stored value technology via HammerPay to enable Swift, Safe and Secure encrypted remittances and banking transactions.
Segment Performance
The Company operates as a single reportable segment focused on HammerPay fintech services. For the nine months ended April 30, 2026, the segment generated zero revenues compared to zero revenues in the prior nine months ended April 30, 2025. Operating expenses for the segment were $439,166 for the nine months ended April 30, 2026 compared to $1,085,036 for the nine months ended April 30, 2025, representing a decrease of $645,870 or 59.5%. The segment reported a net loss from continuing operations of $397,246 for the nine months ended April 30, 2026 versus $1,078,523 for the nine months ended April 30, 2025.
Key Risk Factors
The Company raises substantial doubt about its ability to continue as a going concern, having incurred a net loss from continuing operations of $397,246 for the nine months ended April 30, 2026, with cash used in operating activities of $432,795 and zero revenue generation. The Company has sustained consistent losses since inception and faces a working capital deficiency of $668,384 as of April 30, 2026. The Company's continuation depends on its ability to increase revenues, control operating expenses, and raise additional financing from third parties, with no assurance of success. The Company also faces warrant liability valuation risks and challenges in converting its fintech platform to commercial revenue generation.
| +100.0% |
| EPS (Diluted) | $0.00 | — | +100.0% |
| -9.9% |
| -2.9% |