Adia Med net loss narrows to $122,107 in FY26 H1; revenue more than doubled to $661,660 vs FY25 H1
Reuters2026/08/13 15:29- Adia Med posted a net loss of USD 122,107 for the six months ended June 30, 2026, narrowing from USD 240,216.
- Revenue climbed to USD 661,660, more than doubled from USD 189,910, led by USD 434,670 from medical procedures.
- Gross profit rose to USD 350,157 from USD 39,975 as cost of revenue increased to USD 311,503 from USD 149,935.
- Operating expenses increased to USD 450,248 from USD 267,105, driven by higher legal and professional fees of USD 160,731.
- Management flagged substantial doubt about going concern, citing a USD 16,095,589 accumulated deficit despite a quarterly swing to net income of USD 40,418.
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
UBS lowers Ciena target price to $394
EUR/USD Price Forecast: Holds key 100-day SMA at start of the US CPI week
Malaysia Govt Spending Plan Could Help 99 Speed Mart Retail -- Market Talk
Paying the price for supporting the yen? Japan's foreign reserves fell by $87.8 billions in August, possibly due to selling US Treasuries for funding.
Japanese authorities may have used part of their foreign exchange reserves, including foreign securities such as U.S. Treasury bonds, over the past month to fund record-sized foreign exchange intervention operations.
Crypto prices
More
