Aura Systems Inc

aurasystems.com

What Do They Do?

Builds axial-flux induction motors and generator sets for commercial, industrial and military users.

How Do They Make Money?

Aura earns revenue from axial-flux induction motors and generator sets, mainly for mobile power; customers pay when generator sets are delivered and accepted.

FY2026 revenue

Who Are Their Customers?

Domestic end users buy directly; distributors and agents handle international sales. The products serve commercial and industrial applications as well as military uses.

Customers above 10% of revenue, FY2026

of revenue from one customer

FY2025: 70% from two customers

Do Revenues Turn Into Profits?

No. It lost $10.9M in FY2026.

Operating income, FY2026

−1250% of revenue

▼ −28% (Loss) vs FY2025 (−$4.8M, −9628%)

Net income, FY2026

−3933% of revenue

▼ −48% (Loss) vs FY2025 (−$21.1M, −42276%)

Free cash flow, FY2026

−1229% of revenue

▲ +3% (Loss) vs FY2025 (−$3.3M, −6652%)

How Are They Changing?

Since the FY2026 annual report

Latest quarter: Q2 FY2027, the three months to Aug 31, 2026

Revenue
Net income: ▲ Now profitable; vs −$4.8M in Q2 FY2026

Growing. Revenue grew 2.8x in 4 years, from $100K in FY2022 to $278K in FY2026, about 29% a year.

Toward prototypes The older report described resumed engineering, manufacturing, marketing and shipments; the latest says revenue is being affected by a shift toward developing and producing prototypes for a new product line.

Who Do They Compete With?

Competes with Nidec Motor, ABB, Siemens, WEG Electric, Regal Beloit, Wolong, Teco Westinghouse, Onan, Honda, Generac, Kohler, YASA, EVO, Magnax, Phi Power, Evans Electric, and Emil

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