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Companies $MEGR
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First America Resources Corp logo

First America Resources Corp

What Do They Do?

Refurbishes and resells used IT equipment, recycles electronics, and removes data center equipment for technology businesses, educational institutions and government agencies.

How Do They Make Money?

Customers are charged for recycling when equipment is received and disposed of, for removal once all equipment has been removed, and for data destruction when that service is completed.

FY2025 revenue

Who Are Their Customers?

Serves companies, educational institutions and government agencies, including technology and telecommunications providers and defense contractors. Many projects involve enterprise IT asset disposition programs or data center decommissioning.

Customers above 10% of revenue, FY2025
of revenue from three customers (15%, 13%, 12%)
FY2024: 44% from three customers

Do Revenues Turn Into Profits?

Yes. It kept less than a cent of every revenue dollar as net income in FY2025.

Operating income, FY2025
−1% of revenue
▼ Now a loss vs FY2024 ($296.3K, 2%)
Net income, FY2025
0% of revenue
▼ −99% vs FY2024 ($211.1K, 1%)
Free cash flow, FY2025
0% of revenue
▼ −78% vs FY2024 ($352.6K, 2%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Revenue
▲ +20%
vs $4.8M in Q2 FY2025
Net income
▲ Now profitable
vs −$87.9K in Q2 FY2025

From batteries to IT services The older report describes lithium-ion battery and power-supply sales, while the latest describes IT equipment refurbishment and resale, data destruction, electronics recycling and data center decommissioning.

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