Bio Green Med Solution Q2 FY26 net loss narrows to $405,000; revenue rises to $336,000

Reuters2026/08/12 20:17

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Bio Green Med Solution posted a net loss of $405,000 for Q2 ended June 30, 2026, narrowing from $1.32 million a year earlier.
Operating loss narrowed to $418,000 from $1.25 million, as general and administrative expenses fell by about $700,000 to $497,000.
Revenue was $336,000 from fire safety product sales, with cost of sales of $257,000 for a gross margin of about 23%.
Cash and cash equivalents rose to $3.79 million at quarter-end from $3.51 million at Dec. 31, 2025; operating cash outflow was $400,000.
Signed a Business Combination Agreement with Future NRG; also agreed to sell 1,103,338 shares at $0.72 for $794,403 gross proceeds.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bio Green Med Solution Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608121615PRIMZONEFULLFEED9809007) on August 12, 2026, and is solely responsible for the information contained therein.

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.

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Bio Green Med Solution Q2 FY26 net loss narrows to $405,000; revenue rises to $336,000

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