First America Resources swings to operating income of $545,000 in Q2 FY26; revenue rises 20% to $5.79 million

Reuters2026/08/13 20:26

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

First America Resources posted Q2 revenue of $5.79 million, up 20% year over year.
Operating income turned to $545,000 from an operating loss a year earlier, as gross margin widened 5 percentage points to 56%.
Six-month revenue rose 20% to $10.59 million, while operating income swung to $873,000 from an operating loss.
Interest expense totaled $30,000 in the quarter; the prior-year six months included $347,000 of non-recurring employee retention credit income.
Cash was $525,000 at June 30, 2026, up from $277,000 at Dec. 31, 2025; management said it may need additional debt or equity funding.

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. First America Resources Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004986), on August 13, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

First America Resources swings to operating income of $545,000 in Q2 FY26; revenue rises 20% to $5.79 million

You may also like

Crypto prices