Quarta-Rad Q2 FY26 net loss narrows 51.75% to $34,785; revenue falls 5.16% to $63,856
Reuters2026/08/14 20:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Quarta-Rad posted a net loss of $34,785 for the quarter ended June 30, 2026, narrowing 51.75% from a year earlier.
- Revenue fell 5.16% to $63,856 from the year-ago quarter, on the phase-out of legacy device sales.
- Cost of goods sold rose 46% to $43,220, due to contractor classification changes and timing of expense recognition at Sellavir.
- Operating expenses dropped 59.09% to $50,856, reflecting lower administrative costs and professional fees.
- Sellavir generated $63,000 of revenue; Star Systems accounted for 98.7% of consolidated revenue with no minimum-volume commitment.
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. Quarta-Rad 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: 0001493152-26-038371), on August 14, 2026, and is solely responsible for the information contained therein.
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