Asiatel net loss widens to $1.29 million in 1H FY26; revenue rises 51% to $5.14 million

Reuters2026/09/01 03:00

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Asiatel posted 1H 2026 revenue of $5.14 million, up 51% year over year.
Net loss widened to $1.29 million, reflecting $1.39 million in listing-related expenditures tied to its RTO.
Gross profit rose 30% to $693,322; gross margin fell 3 percentage points to 13%.
Cash more than doubled to $1.09 million as of June 30, 2026, supported by $1 million in private placement proceeds.
Completed its RTO on June 30, 2026; began trading on the TSX Venture Exchange under “ATOI” on July 14, 2026.

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. Asiatel Outsourcing Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202608312300TNWSWRCACNPR_____1kVGF12EX) on September 01, 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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Asiatel net loss widens to $1.29 million in 1H FY26; revenue rises 51% to $5.14 million

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