Jingbo Technology Inc

What Do They Do?

Operates smart parking lots and sells parking-management software, mobile apps, and related systems to parking-lot operators, drivers, and city planners.

How Do They Make Money?

Parking users pay parking fees for lot services; the company also sells smart-parking hardware and earns from winery sales and other activities. Revenue is recorded when services are rendered, and goods or services are generally paid for when delivered.

revenue

Segment	Share	How money arrives
Parking Fee Usage-based	89%	Usage-based
Winery Sales Sold outright	4.6%	Sold outright
Other Operating Segment	6.7%

Who Are Their Customers?

Parking users pay for parking services; parking-lot operators and city planners use the company’s parking-management systems and smart-parking solutions.

Do Revenues Turn Into Profits?

No. It lost $6.7M in FY2026.

Operating income, FY2026

−426% of revenue

▲ +20% (Loss) vs FY2025 (−$5.5M, −256%)

Net income, FY2026

−432% of revenue

▲ +11% (Loss) vs FY2025 (−$6M, −280%)

Free cash flow, FY2026

−147% of revenue

▲ +53% (Loss) vs FY2025 (−$1.5M, −69%)

How Are They Changing?

Since the FY2026 annual report

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

Revenue: ▼ −33%; vs $381.7K in Q2 FY2026
Net income: ▼ −35% (Loss); vs −$778.2K in Q2 FY2026

Shrinking. Revenue fell 57% in 4 years, from $3.6M in FY2022 to $1.5M in FY2026, about 19% a year.

From support services to parking The older report describes commercial mobile technical support for clients’ data platforms. The latest report describes smart parking projects, mobile applications, and cloud-platform operations.

Revenue over time

Parking Fee Winery Sales Other Operating Segment

$2.5M$1.3M$0

FY2025 FY2026

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