Latest 20-F annual reports

iOThree Limited, a Singapore-based maritime digital technology provider, reported a substantial net loss of $230,515 for the fiscal year ended March 31, 2025, a significant decline from a near break-even in 2024, despite a 22.1% revenue increase, while also facing a Nasdaq minimum bid price compliance issue.

Lithium Argentina AG filed an amendment to its 2024 annual report, confirming commercial production at its Cauchari-Olaroz project, updating mineral resource estimates for Pastos Grandes, and outlining corporate governance and executive compensation changes.

Central Puerto S.A. has filed an amendment to its 2024 annual report, primarily to include the consolidated financial statements of its subsidiary Ecogas Inversiones S.A., which reported significant net income growth and favorable legal outcomes regarding inflation adjustments, despite an evolving regulatory landscape.

Sumitomo Mitsui Financial Group, Inc. (SMFG) announced a substantial decrease in net profit for the fiscal year ended March 31, 2025, driven by a shift to net trading losses and higher impairment charges, despite growth in net interest income and strategic business expansions.

Four Seasons Education (Cayman) Inc. announced its fiscal year 2025 results, revealing a significant revenue increase driven by its pivot to tourism and non-academic services, despite reporting a net loss and a material weakness in internal controls.

Alibaba Group Holding Limited reports a 6% revenue increase and a significant 77% rise in net income for fiscal year 2025, driven by strategic divestitures and a sharpened focus on e-commerce and AI-driven cloud services.

Psyence Biomedical Ltd. reported a net profit of $1 million for the fiscal year ended March 31, 2025, a substantial improvement from the prior year's $50.96 million loss, driven by fair value gains on debt conversion and warrant remeasurement, while advancing its Phase IIb psilocybin-assisted psychotherapy study in Australia.

Fury Gold Mines Limited has filed an amended annual report detailing significant increases in its Eau Claire gold project's Measured and Indicated resources by 36% and a new maiden resource estimate for the Percival deposit, alongside strategic corporate developments and future exploration plans.

Takeda Pharmaceutical Company Limited announced its fiscal year ended March 31, 2025 results, reporting a 7.5% increase in revenue to JPY 4,581.6 billion, primarily driven by growth in its Gastroenterology, Rare Diseases, Plasma-Derived Therapies, Oncology, and Vaccines segments, despite significant generic erosion impacting Neuroscience products.

Mizuho Financial Group's net income attributable to shareholders declined significantly in fiscal year 2025 due to investment losses and foreign exchange fluctuations, despite growth in net interest income and strong capital ratios, as the company announced a progressive dividend policy and new share repurchase program.

ORIX Corporation announced a 2% increase in net income attributable to shareholders for fiscal year 2025, reaching 351.6 billion JPY, despite a decline in operating income and profitability ratios, alongside substantial asset write-downs in its Environment and Energy segment.

Ambipar Emergency Response, a global environmental and emergency services provider, announced a significant 25.4% increase in net revenue and a 241.9% surge in profit for the fiscal year ended December 31, 2024, driven by international expansion and strategic acquisitions, despite a decrease in gross profit margin and rising finance costs.

C21 Investments Inc. reported a 6.5% increase in FY2025 revenues to $30.1 million, driven by the acquisition and opening of a third retail dispensary in South Reno, Nevada, while navigating a higher net loss and significant federal cannabis tax challenges.

Nomura Holdings, Inc. announced a significant surge in net income and return on equity for the fiscal year ended March 31, 2025, driven by robust performance across its Wealth Management, Investment Management, and Wholesale divisions, alongside strategic expansion into private markets and a new Banking Division.

Foremost Clean Energy Ltd. has significantly expanded its uranium exploration footprint in Canada through a strategic option agreement with Denison Mines Corp., while reporting a reduced net loss and improved working capital for the fiscal year ended March 31, 2025.

Sony Group Corporation reported a significant increase in consolidated operating income and net income for the fiscal year ended March 31, 2025, primarily fueled by robust performance in its Game & Network Services and Imaging & Sensing Solutions segments, alongside a strategic decision to partially spin off its Financial Services business.

Toyota Motor Corporation reported a 10.4% decrease in operating income and a 3.6% drop in net income for fiscal year 2025, despite a 6.5% increase in sales revenues, as the company continues its ambitious transformation into a mobility company with significant investments in electrification and advanced technologies.

Honda Motor Co., Ltd. announced a 6.2% increase in consolidated sales revenue for the fiscal year ended March 31, 2025, reaching ¥21,688.7 billion, but reported a 12.2% decrease in operating profit to ¥1,213.4 billion, influenced by higher R&D expenses and a significant adjustment to automobile product warranty provisions.

LZ Technology Holdings Limited, a Cayman Islands-based holding company operating in China, announced a significant 44.6% revenue increase to $112.72 million and a net profit of $0.79 million for the fiscal year ended December 31, 2024, marking a substantial turnaround from previous losses, despite ongoing operational and regulatory challenges in China.

Avricore Health Inc. reported a 37% increase in annual revenue for fiscal year 2024, reaching $4.78 million, while navigating a significant strategic pivot away from its major Canadian pharmacy partner, Shoppers Drug Mart, towards new growth opportunities in the UK and with Rexall.

17 Education & Technology Group Inc. has filed an Amendment No. 1 to its 2024 Annual Report on Form 20-F, primarily to add its clawback policy to the exhibit index and re-number its insider trading policy exhibit.

TAL Education Group reported a significant financial turnaround for the fiscal year ended February 28, 2025, achieving net income and substantial revenue growth, while continuing to navigate a complex regulatory environment in China.

MakeMyTrip Limited announced a net profit of $95.3 million for fiscal year 2025, fueled by significant growth across its travel segments and strategic business expansions in India.

Cordyceps Sunshine Biotech Holdings Co., Ltd. reported a net loss of $226,258 for fiscal year 2024, driven by increased operating expenses and depreciation, as it pivots its core business entirely to Cattle camphor mushroom products following the spin-off of its Cordyceps operations.

Amber International Holding Limited, formerly iClick Interactive Asia Group Limited, reported a substantial increase in revenue for the six months ended December 31, 2024, driven by its digital asset wealth management solutions, despite a widening net loss primarily due to unrealized fair value changes in digital assets.

ZenaTech, Inc. has filed an amendment to its annual report to include a new Compensation Clawback Policy, aligning with recent SEC and Nasdaq regulatory requirements.

Namib Minerals has successfully completed its business combination with Greenstone Corporation and Red Rock Acquisition Corporation, listing its shares and warrants on Nasdaq, though pro forma financials indicate a substantial net loss and shareholder deficit.

NWTN Inc., a Smart Passenger Vehicle company, reported a substantial net loss and accumulated deficit for 2024, facing significant liquidity challenges, a going concern warning, and repeated Nasdaq delisting notices following the discontinuation of its Rabdan vehicle line and a failed Evergrande transaction.

Karooooo Ltd. announced robust financial results for the fiscal year ended February 28, 2025, with subscription revenue increasing 15% and net cash from operations surging 102%, despite a goodwill impairment in Mozambique and identified internal control weaknesses.

Sify Technologies Limited reported a net loss of 785 million Indian Rupees for the fiscal year ended March 31, 2025, despite an 11.93% increase in revenue, driven by significant investments in data center and network infrastructure.