Executive Summary
Sundance Strategies Inc. delivered QQ1 2026 results with a clear tilt toward expense discipline but an absence of reported revenue for the quarter. The company posted a net loss of $0.608 million, driven by interest expense of $0.0877 million and a substantial non-operating charge of $0.477 million, resulting in an EBITDA of -$0.519 million and an operating loss of -$0.131 million. Free cash flow was negative by $0.113 million as operating cash flow also reflected a negative run rate of -$0.113 million. The cash balance at quarter-end stood at $55k, while current liabilities surpassed current assets by a wide margin, signaling stressed liquidity conditions.
From a leverage and equity perspective, total liabilities were $6.583 million against negative stockholders’ equity of -$6.522 million. Net debt stood at $3.535 million. While some profitability metrics show YoY improvements (operating income up 18.05% YoY and 8.88% QoQ; EPS down -0.0141 with an implied per-share figure of -$0.0141), the top-line revenue line is not disclosed in the reported data (revenue is listed as null). The combination of negative equity, limited cash, and meaningful debt creates a high-risk, high-uncertainty profile for investors in the near term. An earnings-call transcript was not provided in the supplied data, so management commentary and Q&A insights could not be incorporated here.
Key Performance Indicators
QoQ: -132.95% | YoY:34.82%
QoQ: -131.15% | YoY:36.20%
Key Insights
Revenue: not disclosed for QQ1 2026 (data field shows null).
Operating income: -$130,764; YoY +18.05%, QoQ +8.88% (still negative).
Net income: -$607,994; YoY +34.82%, QoQ -132.95%.
EBITDA: -$519,275.
Interest expense: $87,719.
EPS: -$0.0141; YoY +36.20%, QoQ -131.15%.
Weighted average shares: 43,063,441.
Cash flow: net cash from operating activities -$113,382; free cash flow -$113,382; cash at end of period $55,266; cash burn for the period -$113,382.
Balance sheet (selected): cash and cash equ...
Financial Highlights
Revenue: not disclosed for QQ1 2026 (data field shows null).
Operating income: -$130,764; YoY +18.05%, QoQ +8.88% (still negative).
Net income: -$607,994; YoY +34.82%, QoQ -132.95%.
EBITDA: -$519,275.
Interest expense: $87,719.
EPS: -$0.0141; YoY +36.20%, QoQ -131.15%.
Weighted average shares: 43,063,441.
Cash flow: net cash from operating activities -$113,382; free cash flow -$113,382; cash at end of period $55,266; cash burn for the period -$113,382.
Balance sheet (selected): cash and cash equivalents $55,266; total current assets $60,726; total current liabilities $2,621,087; total liabilities $6,583,317; stockholders’ equity -$6,522,591; long-term debt $2,764,058; total debt $3,590,058; net debt $3,534,792.
Income Statement
| Metric |
Value |
YoY Change |
QoQ Change |
| Operating Income |
-130.76K |
18.05% |
8.88% |
| Net Income |
-607.99K |
34.82% |
-132.95% |
| EPS |
-0.01 |
36.20% |
-131.15% |
Management Commentary
Transcript highlights and direct management quotes are not provided in the supplied dataset. Consequently, there are no verbatim themes or quotes to reproduce. If a transcript becomes available, a separate section can be appended with theme-based summaries (strategy, operations, market conditions) and context-specific quotes.
Forward Guidance
No explicit forward guidance was embedded in the provided QQ1 2026 data. Given the current liquidity constraints (current ratio ~0.02x) and negative equity, near-term emphasis should be on stabilizing liquidity, securing revenue-generating engagements, and addressing debt maturity requirements. Investors should monitor: (1) any disclosed revenue streams or milestone-based billings, (2) debt refinancing or equity-related capital raises, and (3) operating expense discipline that could meaningfully improve EBITDA and cash flow. If the company can convert advisory capacity into visible, billable revenue and/or secure favorable refinancing terms, the path to breakeven could improve, but until revenue is disclosed and debt obligations are renegotiated or reduced, the investment thesis remains highly contingent on external financing and revenue realization.