# Ankam Reports Zero Third-Quarter Revenue as Net Loss Widens to $112,764

- URL: https://stocks.freetheai.org/news/ankam-reports-zero-third-quarter-revenue-as-net-loss-widens-to-112-764-774634
- Published: 2026-10-14T12:01:00Z
- Category: earnings; sentiment: bearish; impact: low
- Symbols: [OTC:ANKM](https://stocks.freetheai.org/symbols/OTC-ANKM)
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Ankam, Inc. (OTC:ANKM) reported third-quarter 2026 financial results showing zero revenue and a larger net loss. For the third quarter of 2026, the company generated $0 in revenue, unchanged from the third quarter of 2025. Net loss for the period widened to $112,764 compared to a loss of $60,551 in the prior-year quarter, while diluted loss per share increased to $0.02 from $0.01.

The flat sales for the quarter reflect a broader decline in overall sales activity in 2026. For the first nine months of the year, revenue dropped to $44,900 from $240,000 during the same period in 2025. Ongoing research and development alongside recurring server costs continue to represent key operational expenses.

To drive growth, the company is focusing on cross-promoting software assets, including Expense Minder, MoneySaverApp, and the newly acquired Apex currency converter. Ankam also formed Mei Sheng Corporation Limited to enter Asian markets such as Hong Kong and Taiwan, and secured a contract in Taiwan to develop a health products platform.

## Key points

- Ankam, Inc. generated $0 in revenue for the third quarter of 2026, unchanged from the third quarter of 2025.
- Third-quarter net loss widened to $112,764, or $0.02 per diluted share, compared to $60,551, or $0.01 per share, a year earlier.
- Nine-month year-to-date revenue dropped to $44,900 in 2026 from $240,000 in the prior-year period.
- The company completed the acquisition of Apex currency converter and continues cross-promoting software including Expense Minder and MoneySaverApp.
- Ankam expanded into Asia by establishing Mei Sheng Corporation Limited and signing a health products platform development contract in Taiwan.

## Questions and answers

### What were Ankam's third-quarter 2026 earnings?

Ankam reported $0 in revenue and a net loss of $112,764, or $0.02 per diluted share, for the third quarter of 2026. This compares with $0 in revenue and a net loss of $60,551, or $0.01 per share, in the third quarter of 2025.

### What products and acquisitions is Ankam developing?

Ankam operates Expense Minder and MoneySaverApp, and recently acquired the Apex currency converter. The company is developing and cross-promoting these applications while working on a health products platform contract in Taiwan.

