AWCAOTCOpeators of Nonresidential BuildingsUS GAAP · USD

Awaysis Capital, Inc.

Awaysis Capital, Inc. is a U.S.-based resort and hospitality real estate operator focused on developing, selling, and managing units within branded resort communities. The company’s model combines real estate sales of finished residential units with recurring income from bookings, rental activity, and management services. Its properties are currently in Belize, but the company also markets and sells units and related services in the United States where permitted. Awaysis is still in a build-out phase, using capital and equity issuances to fund construction, operations, and expansion of its resort platform.

Revenue1.3m USD
+191.6 %y/y
Operating profit (EBIT)-2.5m USD
+5.8 %y/y
EBIT margin-197.8%
+414.3 ppy/y
Net income-2.6m USD
+5.1 %y/y
Free cash flow-0.8m USD
+86.1 %y/y

Fiscal year 2026 · change from previous year

Development 2021–2026

-8-6-4-202m USD2021: EBIT -0.01 m USD20212022: EBIT -0.24 m USD20222023: 0.11 m USD2023: EBIT -4.3 m USD20232024: 0.05 m USD2024: EBIT -7.0 m USD20242025: 0.44 m USD2025: EBIT -2.7 m USD20252026: 1.3 m USD2026: EBIT -2.5 m USD20261.3-2.5
RevenueOperating profit (EBIT)

Business

Share of revenue
Real Estate Sales35 %

Sale of finished residential resort units such as condominiums, villas, and single-family homes.

Booking and Rental Income30 %

Income from short-term and long-term stays in units the company owns or manages.

Management Services20 %

Operational and administrative services for branded resorts and HOA-managed properties.

Commission Income10 %

Fees earned from facilitating real property sales and related transactions.

Other Resort Services5 %

Ancillary resort-related services tied to common areas and guest operations.

Products

Reported · share of revenue
60.3%33.6%FY2026100 %
  • Villa Sales60.3 %
  • Rental Income33.6 %
  • Management Fees5.8 %
  • Commission0.3 %

Source: 10-K FY2026, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Awaysis sells to individual buyers who purchase completed resort units for personal use, investment, or mixed-use ownership. It also serves third-party unit owners and homeowners’ associations that want the company to manage bookings and day-to-day resort operations. Vacationers and travelers are indirect customers because they book stays in units the company owns or manages, generating recurring rental and booking revenue. The company also appears to rely on investors and capital providers to fund development, which is essential to its project-based growth model.

Individual resort property buyers

Buy finished units for personal use, vacation ownership, or investment exposure to resort real estate.

Third-party unit owners

Retain Awaysis to manage bookings and rentals of their units in exchange for fees and revenue sharing.

Homeowners' associations and resort communities

Buy management and operational services for branded resort properties and common-area administration.

Travel and lodging guests

Book short-term or long-term stays in company-owned or managed units, supporting recurring occupancy revenue.

Capital providers and private investors

Provide financing through private placements and other funding to support construction and operations.

Strategy

Awaysis is pursuing a resort development strategy that combines property development, unit sales, and recurring hospitality income. The company intends to buy underlying land, complete resort communities, and then decide whether to sell units or retain them for booking and rental revenue. It also aims to monetize common areas and resort operations through management agreements with owners and HOAs, which can create recurring fees beyond one-time sales. The strategy depends on building enough scale and occupancy to support a branded resort platform while continuing to raise capital for construction and expansion.

Complete and monetize resort developmentsShort term

The business needs finished inventory to generate both sales proceeds and recurring hospitality revenue.

Grow recurring booking and management incomeMedium term

Recurring fees reduce dependence on one-time property sales and improve business durability.

Secure funding for construction and operationsShort term

The company is dependent on external capital and controlling shareholders to execute its plan.

Geography

The company’s current properties are in Belize, which makes local licensing, booking rules, and resort operations central to the business model. Management also states that sales, rentals, and related agreements may occur in both Belize and the United States, subject to local law. Belize is especially important because booking activity for some units must be processed through a Belize hotel license structure. The company’s geographic footprint is still concentrated and project-specific, so regulatory and operating conditions in Belize have an outsized impact on revenue generation and execution.

Risks

Awaysis faces execution risk because its model depends on completing resort developments before meaningful sales and booking revenue can scale. The company is also highly exposed to financing risk, since it states that it depends on capital investment and controlling shareholders to fund construction and operations. Regulatory and licensing risk is material because bookings in Belize may need to be processed through a Belize hotel license structure, and the company must comply with local laws in each jurisdiction where it sells or manages units. More broadly, hospitality and resort real estate businesses are sensitive to occupancy levels, travel demand, construction delays, and property valuation changes, all of which can pressure revenue and margins.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Funding dependence1Project completion and development risk2Belize licensing and local compliance3Occupancy and travel demand volatility4Inventory valuation and impairment5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Funding dependenceImpact: HighLikelihood: High

    The company states it depends on capital investment and controlling shareholders to fund ongoing construction and execute its plan.

    ExposureConstructionWorking capitalOperating expenses
  2. Project completion and development riskImpact: HighLikelihood: High

    Revenue depends on finishing resort units and common areas before they can be sold or rented.

    Exposure: Real estate sales and rental income

  3. Belize licensing and local complianceImpact: HighLikelihood: Low

    Bookings for some units must be processed through a Belize hotel license entity, and operations must comply with local laws.

    Exposure: Booking revenue and operational continuity

  4. Occupancy and travel demand volatilityImpact: MediumLikelihood: Low

    Booking and rental income depend on guest demand, which can fluctuate with tourism trends and seasonality.

    Exposure: Short-term and long-term booking revenue

  5. Inventory valuation and impairmentImpact: MediumLikelihood: Low

    Finished real estate inventory is carried at the lower of cost or net realizable value, so weak sales pricing can trigger write-downs.

    Exposure: Real estate inventory and gross margin

Accounting

Judgemental items
Real estate inventory valuation

Inventory is carried at lower of cost or net realizable value, so expected selling prices and development costs affect write-down risk.

Impact: Can materially change gross margin and reported earnings

Revenue recognition across mixed streams

The company earns booking, rental, management, and commission income, each of which may be recognized differently depending on contract terms.

Impact: Affects revenue timing and comparability across periods

Owner booking allocations

Bookings income due to third-party owners is segregated and distributed under agreement terms, requiring accurate gross vs net presentation.

Impact: Can affect reported revenue and liabilities

Equity-based compensation and service issuances

The company has issued shares for services and professional fees, which can create non-cash expense recognition and dilution.

Impact: Affects operating expenses and share count

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Awaysis Capital, Inc. (OTC) – Opeators of Nonresidential Buildings | Financial Analysis – Clarifo