Inno
Wholesale trader of pre-owned iPhones from a Hong Kong hub.
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Profile
Buys pre-owned consumer electronics, principally iPhones, and resells Hong Kong-held inventory to wholesalers across several international markets. Revenue comes entirely from wholesale trading, with a narrow counterparty base and an iPhone-led product mix.
Sources pre-owned iPhones and tablets from suppliers, stores inventory in Hong Kong, and resells it to wholesale customers serving Southeast Asia, the Middle East, Europe, and other regions. The current business operates through Lear Group Limited and Baymax High Technology Co., Limited, emphasizing Like-New device grades, quick fulfillment, dynamic inventory positioning, and order-specific pricing.
Produces all current revenue from wholesale customers, with recycled iPhones accounting for all disclosed product revenue. The former steel-framing operation was discontinued, while a cross-border B2B marketplace and AI sales and customer-acquisition agent remain under development rather than documented revenue sources. Operations depend on a small supplier base and customer base, and on Hong Kong trade, regulatory, and licensing conditions.
Company facts
Categories
Key statistics
Year to date +323% · Average volume (30d) 628.6K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 18, 2026Q3 FY26 | — | −$0.70 | — | — | $2.1M | — | −0.25% |
| May 1, 2026Q2 FY26 | — | −$1.40 | — | — | $931.9K | — | +44.81% |
| Feb 3, 2026Q1 FY26 | — | −$0.19 | — | — | $1.5M | — | +0.86% |
| Dec 15, 2025Q4 FY25 | — | −$0.35 | — | — | $1.1M | — | −13.85% |
Financial highlights
| 12 quarters | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $478.1K | $1.1M | $1.1M | $1.5M | $931.9K | $2.1M | |
| Gross profit | $41.5K | −$16.1K | $14.3K | $74.1K | $21.8K | $93.4K | |
| Operating income | −$1.4M | −$1.6M | −$974.4K | −$485.9K | −$791.9K | −$1.5M | |
| Net income | −$3.6M | −$1.5M | −$1.3M | −$28.6K | −$1.1M | −$1.6M | |
| Diluted EPS | −$1.79 | −$0.42 | −$0.35 | −$0.27 | −$2.63 | −$0.70 | |
| Gross margin | 8.7% | -1.5% | 1.3% | 5.1% | 2.3% | 4.5% | |
| Operating margin | -286.4% | -143.7% | -89.7% | -33.4% | -85.0% | -73.0% |
Fiscal years (4-quarter sums)FY22 $4.5M · FY23 $799.7K · FY24 $166.6K · FY25 $2.8M
Revenue by product · Q3 FY26
Revenue by geography · Q3 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $33.2M · Total debt $279.8K · Total assets $56.1M · Shareholders' equity $55.6M
Dividends
No dividends on record.
Ownership
Shares outstanding 4.52M · Float 2.52M · 55.7% free float
A Form 4 total here can count shares the filer formally disclaims — an award voted by proxy, for instance — which the holder's own Schedule 13D/G excludes, so where the two disagree the schedule's smaller figure is used.
Insider tradesForm 4
No open-market trades in the last 12 months.
View detailsPeers
- ATRenew (ADR)
Large-scale B2B trading of pre-owned smartphones and tablets.
- Assurant
Device trade-in, refurbishment, and resale at global scale.
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Inno | $5.60 | +1.07% | $25.4M | — | — | 4.6 | +90.4% |
| ATRenew (ADR) | $4.02 | −0.25% | $1.47B | 18.9 | 8.5 | 0.4 | +39.8% |
| Assurant | $285.65 | −0.01% | $14.15B | 13.5 | 12.8 | 1.1 | +9.4% |
| Median | 16.2 | 10.7 | 0.7 | +24.6% |