Amass Brands Q2 FY26 net loss widens to USD 7.55 million; revenue rises 1.6% to USD 5.59 million

Reuters2026/08/14 21:08

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Amass Brands posted a GAAP net loss of USD 7.55 million for the quarter ended June 30, 2026, widening from a year earlier.
Net revenue rose 1.6% to USD 5.59 million, while gross profit fell 30% to USD 1.5 million.
Operating loss widened to USD 5.96 million as general and administrative costs climbed to USD 6.05 million.
Non-Alcoholic and Functional net revenue more than doubled to USD 409,419, while Wine & Spirits net revenue slipped 3% to USD 5.18 million.
Management cited public-company and Direct Listing costs as the main driver of higher corporate overhead; cash and cash equivalents were USD 1.6 million.

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. Amass Brands 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: 0001575872-26-000579), on August 14, 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.

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