AIB Data Centers Q2 FY26 net loss widens to USD 3.5 million; revenue drops 39% to USD 2.9 million
Reuters2026/08/13 20:39- AIB Data Centers posted Q2 revenue of USD 2.9 million, down 39% year over year, as the site was de-energized June 5.
- Operating loss widened to USD 3.6 million from USD 0.5 million a year earlier on higher SGA tied to advisory shares and public-company costs.
- Net loss widened to USD 3.5 million from USD 0.5 million, while gross margin swung to -18% from 12% on higher energy costs.
- Cash and cash equivalents rose to USD 52.8 million at June 30 after a June equity offering raised USD 63.25 million in gross proceeds.
- Management said it is negotiating a long-term lease for the full ~65 MW CLT-01 campus, with no definitive agreement executed as of Aug. 13.
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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