QTREX management says H1 2026 revenue rises to $1.55 million on newly acquired AME business sales
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- QTREX Quantum management commentary on the six months ended June 30, 2026 flagged a net loss of USD 6.35 million.
- Revenue rose to USD 1.55 million from USD 289,000, driven entirely by the newly acquired additive manufacturing electronics business.
- Cost of revenue increased to USD 610,000 from USD 287,000, tracking higher product sales and direct selling costs tied to the acquired operations.
- R&D expense climbed to USD 4.76 million from USD 3.64 million, reflecting headcount additions and overhead to run the acquired platform.
- Cash and cash equivalents totaled USD 10.7 million, with management expecting funding for 12 months but citing reliance on external financing.
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. QTREX Quantum Ltd. 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: 0001185185-26-004282), on September 24, 2026, and is solely responsible for the information contained therein.
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