Visionary Holdings Inc posts FY2025 pre-tax loss of USD 15.6 million

Reuters01-29
<a href="https://laohu8.com/S/GV">Visionary Holdings</a> Inc posts FY2025 pre-tax loss of USD 15.6 million

Visionary Holdings Inc reported a loss before income taxes of approximately USD 15.6 million for the fiscal year ending March 31, 2025. The company recognized other income of USD 5 thousand for the same period, mainly from interest income. Visionary Holdings Inc disclosed an impairment loss of USD 4.7 million, a loss of USD 2.2 million on the fair value assessment of warrants and embedded derivative components, and a loss of USD 0.4 million on the disposal of two subsidiaries. In fiscal 2025, the company also reported a gain of USD 0.4 million on the fair value of embedded derivative components related to convertible notes.

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