Ostrom Climate Q2 FY26 net loss narrows 15% to C$578,918; revenue falls to C$550,084
Reuters2026/08/29 00:36Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Ostrom Climate Solutions posted Q2 revenue of CAD 550,084, down 36.06% from a year earlier, citing seasonal VER trading.
- Net loss narrowed to CAD 578,918 from CAD 683,108; operating expenses fell 19.07% to CAD 736,267.
- Gross margin rose 6 percentage points to 38%, helped by a higher margin realized on VER sales.
- First-half results returned to profit with net income of CAD 114,278 versus a prior-year loss; revenue rose 54% to CAD 2.29 million.
- Management highlighted progress toward Smart-Rice Project verification, targeting compliance markets such as CORSIA and Japan’s Joint Compliance Market.
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. Ostrom Climate Solutions Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202608282035CANADANWCANADAPR_C2251) on August 29, 2026, and is solely responsible for the information contained therein.
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
CLARITY Act Update for XRP Army: Senator Lummis Issues Major Warning
TimesTabloid•2026/09/07 18:03
India ramps up coal rail shipments as power plant stocks dwindle
Mining.com•2026/09/07 18:00
Peñoles appoints EY affiliate Mancera as external auditor for FY2026 financial statements
Reuters•2026/09/07 17:52
Viral TikTok Meme Coin BIPOLAR Launches Tomorrow. But There’s a Trap
BeInCrypto•2026/09/07 17:45
Crypto prices
MoreBitcoin
BTC
$79,168.41
-0.72%
Ethereum
ETH
$2,495.28
+0.14%
Tether USDt
USDT
$0.9998
-0.02%
BNB
BNB
$740.52
-0.97%
XRP
XRP
$1.4
-0.76%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$104.18
-1.85%
TRON
TRX
$0.3340
-0.37%
Hyperliquid
HYPE
$85.25
-3.25%
Zcash
ZEC
$1,169.11
-3.15%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now