Key Highlights

  • Shares fell USD 0.5051, or 21.09%, to USD 1.89 in regular trading on November 3, 2026.
  • Revenue for the six months ended March 31, 2026 was USD 2,329,460, against USD 8,748,945 a year earlier.
  • The net loss for that half-year was USD 2,482,889, compared with USD 368,815 a year earlier.
  • Cash was USD 4,699,793 at March 31, 2026, with 1,024,834 ordinary shares outstanding after a 1-for-10 consolidation.
  • Fiscal 2025 Revenue was USD 13.4 million with a gross Margin of about 8.8%, per market data derived from filings.

What Moved the Shares Today (down USD 0.5051, 21.09%)

WF International (NASDAQ:WXM) fell 21.09% to USD 1.89 in regular trading on November 3, 2026, measured against the November 2, 2026 close of roughly USD 2.40 (calculated). The screen showed Volume of only 10.68K shares and a Market Capitalisation of about USD 15.37 million, so a small number of trades can move the price by a wide margin.

No company announcement dated between October 30 and November 3, 2026 was identified. The most recent filings found were regulatory reports from September 2026, so the decline looks like trading pressure in a thinly traded stock rather than a response to fresh news. That is an observation, not a confirmed explanation.

For context, a market data page showed the shares near USD 3.13 on October 22, 2026, which implies a decline of roughly 40% (calculated) from that level to today's price.

The Latest Company Updates

WF International is a Cayman Islands company that supplies, installs, fits out and maintains heating, ventilation and air conditioning systems, floor heating and water purification systems. Its customers are large commercial projects and high-end residential developments, mainly in Sichuan, China.

According to a regulatory filing dated August 10, 2026, revenue for the six months ended March 31, 2026 fell to USD 2,329,460 from USD 8,748,945, a drop of about 73.4% (calculated). Gross Profit was USD 312,086, compared with USD 488,803, and the net loss widened to USD 2,482,889 from USD 368,815.

The company also executed a 1-for-10 share consolidation effective June 4, 2026. It later restored compliance with the Nasdaq minimum bid price rule, after receiving a deficiency notice on December 30, 2025.

Financing and Balance Sheet

Cash stood at USD 4,699,793 at March 31, 2026, or USD 5,134,615 including restricted cash. Fiscal 2025 revenue was USD 13.4 million with gross profit of USD 1.2 million, an operating loss of USD 2.9 million and a net loss of USD 3.3 million, according to market data derived from the company's filings.

In September 2026 the company filed documents tied to a direct share issuance of 5 million new shares, following a share sale in August 2026 and a USD 2 million raise with Warrant repricing in June 2026. Repeated issuance of this kind expands the share count and can weigh on the per-share price.

Risks for a Small Nasdaq Name

This is a penny stock, and such shares can swing sharply, trade in thin volume and expose holders to dilution when new shares are issued. The company has recorded falling revenue, a widening loss and a thin gross margin, which leaves little cushion if project activity stays slow.

What to Watch Next

The first item to track is any regulatory filing or press release in the days after November 3, 2026 that explains the decline, such as a new offering, warrant exercise or compliance notice. A second is the next semi-annual report covering the six months ended September 30, 2026, which should show whether revenue has stabilised.

Observers will also follow the share count after the September issuance, daily volume, and whether the price holds above the USD 1.00 Nasdaq minimum bid threshold.