George Risk Industries Inc (RSKIA) reported QQ1 2026 period results with a net income of $3.792 million and an implied pre-tax figure of $3.792 million. The earnings metrics indicate a notable year-over-year (YoY) improvement of 89.6% and a quarter-over-quarter (QoQ) increase of 135.97% in net income, signaling a sharp upturn in profitability. Notably, revenue details for QQ1 2026 were not disclosed in the provided data, limiting top-line visibility. The company carries a robust equity base and retained earnings, which provides a solid foundation for ongoing product development and potential expansion in security components.
Balance sheet strength is evident in an equity position of approximately $60.65 million and retained earnings of about $62.87 million, coupled with modest liabilities (current liabilities around $4.80 million and total non-current liabilities of about $2.77 million). Total assets are reported at roughly $68.21 million. However, there is a lack of disclosed cash and cash equivalents, and a potential inconsistency in reported asset/liability totals in the data. These factors introduce some liquidity ambiguity, requiring closer scrutiny of operating cash flow and liquidity metrics in subsequent filings.
Overall, the QQ1 2026 result shows strong earnings power within a capital-light balance sheet, but investors should monitor revenue trajectory, cash flow generation, and any forward guidance to assess the durability of profitability and the company’s ability to fund growth from internal resources.