Youxin Technology (NASDAQ:YAAS) has announced the release of audited financial statements for Celnet for the fiscal years ended September 30, 2025, and 2024.
The disclosure follows the successful closing of Youxin's acquisition of a 51% equity interest in Celnet on October 29, 2025, marking a pivotal expansion of its technology portfolio.
The audited results for Celnet's fiscal year 2025 reveal a robust operational turnaround.
Revenue grew to $2.8 million, up from $2.1 million in the previous fiscal year.
This top-line expansion was accompanied by a significant improvement in margins, with gross profit rising to $1.2 million, compared to $0.8 million in fiscal 2024.
Most notably, Celnet achieved profitability during the period.
The entity reported net income of $0.3 million, a stark contrast to the $0.2 million net loss recorded in the prior year.
This resulted in an earnings per share (EPS) of $0.03, compared to a loss per share of $0.02 in fiscal 2024.