ModuLink Inc. Announces Filing of Form 10-Q for Six Months Ended June 30, 2026 and Highlights Initial Contribution from ASA Robotics Acquisition
ModuLink Inc. (OTC: MDLK) has filed its Form 10-Q for the six months ended June 30, 2026, highlighting the initial financial impact of its 60% equity acquisition of Hong Kong-based ASA Robotics Limited (completed April 23, 2026).
Key Financial Highlights (Q2 2026 vs. Q2 2025)
Revenue Contribution: ASA Robotics generated $139,502 in new technology-driven revenue. Total quarterly revenue reached $359,954 (up ~6% from $338,887).
Gross Profit: Rose 127% to $94,347 (up from $41,541), driven by higher-margin AI healthcare solutions from ASA Robotics.
Operating Expenses: General and administrative costs fell 41% to $184,034 (down from $313,352), due to lower legal and professional fees compared to the prior-year acquisition period.
Net Loss Reduction:
Three Months Ended June 30: Net loss dropped 74% to $71,747 (down from $272,351).
Six Months Ended June 30: Total net loss decreased 41% to $280,612 (down from $479,227). Total six-month revenue was $511,794.
Strategic Focus
CEO William Fu noted that the integration of ASA Robotics expands ModuLink into AI-driven healthcare and elderly care solutions. Management's near-term goals center on expanding ASA Robotics' commercial client base, maintaining cost discipline, and leveraging higher-margin technology services to build long-term operational leverage. More about the news https://www.otcmarkets.com/stock/MDLK/news/ModuLink-Inc-Announces-Filing-of-Form-10-Q-for-Six-Months-Ended-June-30-2026-and-Highlights-Initial-Contribution-from-AS?id=532422
