Femto posts H1 2026 net loss as warrant revaluation gain fades, Sensera spend declines
Reuters2026/08/17 14:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Femto posted a net loss of CAD 1.75 million for the six-month period ended June 30, 2026, versus net income of CAD 21.11 million a year earlier.
- Revenue rose to CAD 488,405 from CAD 407,921, led by higher software development revenue of CAD 328,221.
- Sensera devices and capsules contributed CAD 3,852 of revenue; cost of revenue increased to CAD 400,048, reflecting higher Sensera-related costs.
- Gross margin improved to 18% from 9%, helped by lower subcontractor costs and reduced salaries and benefits.
- Operating cash outflow narrowed to CAD 1.9 million from CAD 5.9 million; cash fell to CAD 13 million from CAD 15.23 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. Femto Technologies 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: 0001493152-26-038667), on August 17, 2026, and is solely responsible for the information contained therein.
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