Waste Energy Q2 FY26 swings to profit of $1.85 million; revenue falls to $22,500

Reuters2026/08/14 21:14

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Waste Energy posted net income attributable to shareholders of USD 1.85 million, swinging from a loss of USD 1.54 million a year earlier.
Operating results turned to an operating loss of USD 37,973 from operating income of USD 42,748 in the prior-year quarter.
Revenue fell 82% to USD 22,500, mainly from consulting services in its waste conversion business.
Other income rose to USD 1.88 million from an expense of USD 1.58 million, driven by derivative-liability fair-value changes and financing-related items.
Waste-to-energy buildout in Midland lifted six-month general and administrative expense to USD 426,312 from USD 129,111.

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. Waste Energy Corp. 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: 0001493152-26-038497), 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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Waste Energy Q2 FY26 swings to profit of $1.85 million; revenue falls to $22,500

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