• Total comprehensive loss of $399,026, a material improvement on prior period
• Continued reduction in operating and business improvement costs
• Strengthened liquidity position following post-period capital raising

Jayride Group Limited (ASX: JAY) has lodged its interim financial report for the quarter ended 30 September 2025, reporting a total comprehensive loss of $399,026, a material improvement from $853,411 in the prior corresponding period. Total revenue and other income declined to $109,495 from $1,109,349 in the prior period, primarily due to pricing model enhancements and a reduction in supplier listings. However, the company was able to significantly reduce total expenses to $508,521 from $1,962,760 in the previous period, highlighting its initiatives to cut operating costs in response to reduced revenue. The company raised $200,000 during the period through the issue of convertible notes and also issued 15 million shares to the CEO and 10 million shares to the former Director of Finance in lieu of accrued consulting fees. Subsequent to the reporting period, the company announced a further $735,000 capital raise. The directors have considered the company's ability to continue as a going concern, including the recent capital raises, cost-reduction measures, and a proposed restructuring pathway, and believe there are reasonable grounds to conclude that Jayride will be able to continue as a going concern.