Alchemy Labs Q2 FY26 net loss widens to CAD 1.57 million; revenue rises 16.9% to CAD 581,027
Reuters2026/08/19 21:56- Alchemy Labs posted Q2 revenue of CAD 581,027, up 16.9% year over year.
- Gross margin swung to 38.7% from -0.2%, lifting gross profit to CAD 224,803 from a gross loss.
- Operating loss widened to CAD 1.19 million, net loss widened to CAD 1.57 million, or CAD 0.06 a share.
- ExoShield revenue rose 2.5% to CAD 509,195; Crypsis generated CAD 71,382 following initial defence contribution.
- Cash was CAD 1.26 million; completed a CAD 13.74 million IPO on July 9 through 13,738,447 units at CAD 1.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin reclaims 200-day moving average after 270 days below it
Nikkei May Rise, Tracking Wall Street's Gains -- Market Talk
SABESP announces BRL 156.64 million unsecured debenture offering
Breakthrough in US-Canada trade negotiations: Reports indicate the US plans to halve steel and aluminum tariffs to 25% and reduce automobile tariffs to 15%
According to media reports, the United States and Canada have reached a preliminary framework for a trade agreement, under which tariffs on certain Canadian steel and aluminum products exported to the U.S. will be reduced from the current 50% to 25%, and the tariff on Canadian automobile exports will be lowered from 25% to 15%. The news caused a surge in Canadian steel companies and a sharp drop in U.S. steel companies. Agreement details have yet to be finalized, U.S. manufacturing groups are putting pressure on, and with Trump's unpredictability, uncertainty remains until Friday's deadline.