Exhibit 99.1
Tianci International, Inc. Reports Financial Results for Fiscal Quarter Ended April 30, 2026
HONG KONG/RENO, Nevada, June 22, 2026 /Access Newswire/– Tianci International, Inc. (the "Company” or “Tianci”), a global logistics service provider specializing in ocean freight forwarding, today announced its financial results for the fiscal quarter ended April 30, 2026.
Third Fiscal Quarter 2026 Highlights:
| · | Revenue increased, quarter-to-quarter, by 121%, as global logistics revenue increased by 19% and was complemented by revenue of $1,418,552 resulting from our initial entry into the market for mineral ores. | |
| · | General and administrative expenses decreased from $960,583 in the quarter ended April 30, 2025 to $552,141 in the quarter ended April 30, 2026. As a result, the Company reported net income of $91,545 in the quarter ended April 30, 2026, compared to a net loss of $959,409 reported for the quarter ended April 30, 2025. |
Financial Results
Revenue from logistics operations for the quarter ended April 30, 2026, which represented 53% of the Company’s overall revenue in that period, increased by 19% from the revenue generated by logistics operations during the quarter ended April 30, 2025. Meanwhile, the cost of that revenue increased by 16% from the third quarter of fiscal year 2025 to the third quarter of fiscal year 2026, as demand for logistics services increased modestly as concerns about the implementation of tariffs were reduced in the light of war in the Middle East. As a result of that modest reduction in cost of revenue, the Company’s gross profit margin attributable to logistics operations increased from 0.81% in the quarter ended April 30, 2025 to 3.73% in the quarter ended April 30, 2026.
To reduce the effect of declining demand in the Southeast Asia market, the Company intends to reorient its focus towards long-distance shipping lines, which generally produce higher profit margins. As one particular effort toward that reorientation, the Company has been accumulating an inventory of bulk chrome and manganese ore for the purpose of entering into the global commodity trade arena, and completed its initial mineral sales during the nine months ended April 30, 2026. Those sales yielded $3,239,872 in revenue and a gross profit margin of 6.88%. By applying its core resource control capabilities and supply chain integration strengths with an in-house demand for shipping services, the Company looks to release itself from dependence on local demand for shipping services.
We recorded net income of $91,545 for the quarter ended April 30, 2026, primarily due to a 43% decrease in general and administrative expenses. G&A expenses had been swollen during the quarter ended April 30, 2025 by expenses incurred as an indirect result of the public offering we completed during that earlier quarter. Our bottom line net income of $91,545 for the third quarter of 2026, therefore, compared favorably with the net loss of $947,987 that we incurred in the third quarter of 2025.
Our operations during the nine months ended April 30, 2026 reduced our cash balance by $1,687,149 to $718,203. In addition to our net loss of $594,453 for the nine month period, the greater portion of that cash drain was attributable to the increase of $957,881 in our accounts receivable balance. At April 30, 2026 our working capital was $2,596,047, a decline of $309,554 during the nine months ended April 30, 2026.
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About Tianci International, Inc.
Tianci International Inc., through its subsidiary Roshing, provides global logistics services specializing in ocean freight forwarding, including container and bulk goods shipping. Operating under an asset-light model, Roshing’s logistics solutions are tailored to meet the diverse needs of its customers across the Asia-Pacific, including Hong Kong, Japan, South Korea, and Vietnam.
Starting in the current fiscal year, Roshing has expanded into global trade of bulk chrome and manganese ore by sourcing high-grade minerals directly from resource-rich regions for resale. Roshing intends to utilize optimized bulk vessel and container shipping, and provide end-to-end supply chain solutions for metallurgical and steelmaking customers.
Beyond logistics and mineral sales, Roshing generates revenue from the sale of electronic parts and business consulting services.
For more information, please visit the Company’s website: tianci-ciit.com
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements that involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results. The Company encourages investors to review other factors that may affect its future results that are discussed in the Company's filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please contact:
Tianci International, Inc.
Investor Relations
Email: ir@rqscapital.com
Financial Summary Tables
The following financial information should be read in conjunction with the financial statements and accompanying notes filed by the Company with the Securities and Exchange Commission on Form 10-Q for the period ended April 30, 2026, which can be viewed at www.sec.gov and in the investor relations section of the Company’s website at www.tianci-ciit.com.
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TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
CONSOLIDATED BALANCE SHEETS
(EXPRESSED IN UNITED STATES DOLLARS)
| April 30, | July 31, | |||||||
| 2026 | 2025 | |||||||
| (Unaudited) | ||||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash | $ | 718,203 | $ | 2,405,352 | ||||
| Accounts receivable | 957,880 | – | ||||||
| Prepayment and other current assets | 730,472 | 382,554 | ||||||
| Inventory | 282,139 | 215,346 | ||||||
| Total current assets | 2,688,694 | 3,003,252 | ||||||
| Other assets: | ||||||||
| Lease security deposit | 21,518 | 23,174 | ||||||
| Lease right-of-use asset | 74,289 | 119,545 | ||||||
| Total non-current assets | 95,807 | 142,719 | ||||||
| TOTAL ASSETS | $ | 2,784,501 | $ | 3,145,971 | ||||
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||||||||
| Current liabilities: | ||||||||
| Accounts payable | $ | – | $ | 18,554 | ||||
| Income taxes payable | – | 16,117 | ||||||
| Lease liability-current | 60,510 | 57,903 | ||||||
| Accrued liabilities and other payables | 32,137 | 5,077 | ||||||
| Total current liabilities | 92,647 | 97,651 | ||||||
| Lease liability - noncurrent | 11,390 | 61,403 | ||||||
| Total liabilities | 104,037 | 159,054 | ||||||
| Commitments and contingencies | – | – | ||||||
| Stockholders’ equity: | ||||||||
| Series A Preferred stock, $0.0001 par value; 80,000 shares authorized; no shares issued and outstanding as of April 30, 2026 and July 31, 2025 | – | – | ||||||
| Series B Preferred stock, $0.0001 par value; 80,000 shares authorized; 0 and 80,000 shares issued and outstanding as of April 30, 2026 and July 31, 2025, respectively | – | 8 | ||||||
| Undesignated preferred stock, $0.0001 par value; 19,920,000 shares authorized; no shares issued and outstanding as of April 30, 2026 and, July 31, 2025, respectively | – | – | ||||||
| Common stock, $0.0001 par value, 2,000,000,000 shares authorized; 3,618,907 and 2,361,763 shares issued and outstanding as of April 30, 2026 and, July 31, 2025, respectively* | 361 | 236 | ||||||
| Additional paid-in capital | 6,134,805 | 5,846,922 | ||||||
| Accumulated deficit | (3,482,130 | ) | (2,862,860 | ) | ||||
| Total stockholders' equity attributable to TIANCI INTERNATIONAL, INC. | 2,653,036 | 2,984,306 | ||||||
| Non-controlling interest | 27,428 | 2,611 | ||||||
| Total stockholders’ equity | 2,680,464 | 2,986,917 | ||||||
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ | 2,784,501 | $ | 3,145,971 | ||||
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TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(EXPRESSED IN UNITED STATES DOLLARS)
| For the three months ended April 30 | For the nine months ended April 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| (Unaudited) | (Unaudited) | (Unaudited) | (Unaudited) | |||||||||||||
| OPERATING REVENUES | ||||||||||||||||
| Global logistics services | $ | 2,271,363 | $ | 1,901,992 | $ | 8,018,604 | $ | 6,731,768 | ||||||||
| Sale of minerals | 1,418,552 | – | 3,239,872 | – | ||||||||||||
| Other revenue | 620,606 | 46,223 | 754,956 | 276,590 | ||||||||||||
| Total Operating Revenues | 4,310,521 | 1,948,215 | 12,013,432 | 7,008,358 | ||||||||||||
| COST OF REVENUES | ||||||||||||||||
| Global logistics services | 2,186,753 | 1,886,564 | 7,791,053 | 6,472,998 | ||||||||||||
| Cost of minerals | 1,415,118 | – | 3,016,808 | – | ||||||||||||
| Other revenue | 11,161 | 3,668 | 33,521 | 168,968 | ||||||||||||
| Total Cost of Revenues | 3,613,032 | 1,890,232 | 10,841,382 | 6,641,966 | ||||||||||||
| Gross profit | 697,489 | 57,983 | 1,172,050 | 366,392 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Selling and marketing | 30,000 | 63,700 | 119,580 | 163,924 | ||||||||||||
| General and administrative | 552,141 | 960,583 | 1,623,053 | 1,392,187 | ||||||||||||
| Total operating expenses | 582,141 | 1,024,283 | 1,742,633 | 1,556,111 | ||||||||||||
| (Loss) income from operations | 115,348 | (966,300 | ) | (570,583 | ) | (1,189,719 | ) | |||||||||
| Other income (loss) net | (86 | ) | – | (153 | ) | 27,391 | ||||||||||
| Income (loss) before provision for income taxes | 115,262 | (966,300 | ) | (570,736 | ) | (1,162,328 | ) | |||||||||
| Provision for income tax expenses (benefits) | 23,717 | (6,891 | ) | 23,717 | – | |||||||||||
| Net (loss) income | 91,545 | (959,409 | ) | (594,453 | ) | (1,162,328 | ) | |||||||||
| Less: net income (loss) attributable to non-controlling interest | 42,819 | (11,422 | ) | 24,817 | (7,934 | ) | ||||||||||
| Net income (loss) attributable to TIANCI INTERNATIONAL, INC. | $ | 48,726 | $ | (947,987 | ) | $ | (619,270 | ) | $ | (1,154,394 | ) | |||||
| Weighted average number of common shares | ||||||||||||||||
| Basic and diluted * | 3,618,829 | 2,138,826 | 3,145,300 | 2,120,467 | ||||||||||||
| Income (loss) per common share attributable to TIANCI INTERNATIONAL, INC. | ||||||||||||||||
| Basic and diluted | $ | 0.01 | $ | (0.43 | ) | $ | (0.20 | ) | $ | (0.52 | ) | |||||
| Weighted average number of preferred shares A | ||||||||||||||||
| Basic and diluted | – | – | – | – | ||||||||||||
| Income (loss) per preferred share A attributable to TIANCI INTERNATIONAL, INC. | ||||||||||||||||
| Basic and diluted | $ | – | $ | – | $ | – | $ | – | ||||||||
| Weighted average number of preferred shares B | ||||||||||||||||
| Basic and diluted | – | 80,000 | 4,034 | 80,000 | ||||||||||||
| (Loss) per preferred share B attributable to TIANCI INTERNATIONAL, INC. | ||||||||||||||||
| Basic and diluted | $ | – | $ | (0.43 | ) | $ | (0.20 | ) | $ | (0.52 | ) | |||||
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TIANCI INTERNATIONAL, INC. AND SUBSIDIARIES
UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(EXPRESSED IN UNITED STATES DOLLARS)
| For the nine months ended April 30, | ||||||||
| 2026 | 2025 | |||||||
| (Unaudited) | (Unaudited) | |||||||
| Cash flows from operating activities: | ||||||||
| Net (loss) | $ | (594,453 | ) | $ | (1,162,328 | ) | ||
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||||||
| Amortization of operating lease right-of-use asset | 45,257 | – | ||||||
| Warrants issuance to consultant | – | 158,412 | ||||||
| Debt forgiven by related party | – | – | ||||||
| Change in operating assets and liabilities: | ||||||||
| Accounts receivable | (957,881 | ) | (166,752 | ) | ||||
| Prepayment and other current assets | (334,084 | ) | (723,733 | ) | ||||
| Inventory | 221,207 | – | ||||||
| Lease security deposit | 1,656 | – | ||||||
| Due from related party | – | – | ||||||
| Advances from customers | – | – | ||||||
| Accounts payable | (18,554 | ) | – | |||||
| Income taxes payable | (29,948 | ) | (51,920 | ) | ||||
| Operating lease liabilities | (47,406 | ) | – | |||||
| Accrued liabilities and other payables | 27,057 | (53,861 | ) | |||||
| Net cash (used in) operating activities | (1,687,149 | ) | (2,000,182 | ) | ||||
| Cash flows from financing activities: | ||||||||
| Repayment of working capital advance to related party | – | (10,771 | ) | |||||
| Operating expenses directly paid by shareholders | – | – | ||||||
| Working capital advance from related party | – | 8,500 | ||||||
| Proceeds received from public or private offerings | – | 5,439,333 | ||||||
| Deferred offering costs incurred | – | (219,125 | ) | |||||
| Net cash provided by financing activities | – | 5,217,937 | ||||||
| Net (decrease) increase in cash | (1,687,149 | ) | 3,217,755 | |||||
| Cash, beginning | 2,405,352 | 413,129 | ||||||
| Cash, ending | $ | 718,203 | $ | 3,630,884 | ||||
| Supplemental disclosure of cash flow information: | ||||||||
| Cash paid during the period for: | ||||||||
| Interest | $ | – | $ | – | ||||
| Income taxes | $ | 53,665 | $ | 51,920 | ||||
| Non-Cash Activities: | ||||||||
| Issuance common stock for inventory purchase | $ | 288,000 | $ | – | ||||
| Conversion of preferred stock to common stock | $ | 800 | $ | – | ||||
| Deferred offering costs net against proceeds from public offering | $ | – | $ | 714,481 | ||||
* * * * *
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