CIMG Q3 FY26 net loss widens to $10.5 million; revenue rises to $2.17 million
Reuters2026/08/13 21:27Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- CIMG posted Q2 revenue of $2.17 million, up 3,426.15% from the year-earlier quarter.
- Net loss widened to $10.5 million, up 882.55%, with the decline in fair value of digital assets the biggest driver.
- Gross profit slipped to $577, pushing gross margin down 8.31 percentage points to 0.03%.
- Operating expenses fell 23.51% to $854,594, reflecting lower sales and operating costs, plus reduced legal and consulting fees.
- Computing Power Product Series generated $2.05 million in revenue, representing 94.27% of the quarter’s total.
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. CIMG Inc. 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: 0001493152-26-037866), on August 13, 2026, and is solely responsible for the information contained therein.
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