FOXO swings to Q2 FY26 profit of USD 8.14 million; revenue falls 9.65% to USD 4.72 million
Reuters2026/08/14 20:26- FOXO Technologies posted GAAP net income attributable to shareholders of USD 8.14 million, swinging from a loss a year earlier.
- Net revenues fell 9.65% to USD 4.72 million, as RCHI recorded USD 0.6 million of THIP revenue versus USD 2.5 million.
- Income from operations rose to USD 8.75 million, driven by a USD 9.13 million management contingent share plan forfeiture.
- Interest expense increased 29.95% to USD 1.31 million, reflecting higher notes payable and Medicare cost report settlement interest.
- Adjusted EBITDA turned to a loss of USD 519,750 from positive USD 461,981, while the company flagged substantial doubt about going concern.
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
The data center construction boom may increase inflationary pressure, and the Reserve Bank of Australia may be forced to maintain high interest rates.
The data center construction boom in Australia may lead to demand exceeding the supply capacity of the economy, which could push up inflation and force the Reserve Bank of Australia to maintain higher interest rates.
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
Crypto prices
More
