-+ 0.00%
-+ 0.00%
-+ 0.00%

Verde Resources FY26 net loss narrows 29% to USD 3.38 million; revenue rises 251% to USD 467,788

PUBT·09/14/2026 13:06:07
Listen to the news
Verde Resources FY26 net loss narrows 29% to USD 3.38 million; revenue rises 251% to USD 467,788
  • Verde Resources posted revenue of USD 467,788, up 251% year over year, while net loss narrowed 29% to USD 3.38 million.
  • Operating loss improved 37% to USD 3.8 million, while gross profit rose 107% to USD 168,660.
  • Selling, general and administrative expenses fell 38% to USD 3.68 million; other operating expenses increased 35% to USD 290,390.
  • Revenue primarily came from Ergon purchase orders for Verde V24; management said its strategy shifted to supplying engineered biochar for Ergon asphalt liquids.
  • Cash and cash equivalents rose 75% to USD 1.79 million, and Verde signed a July 1, 2026 commercialization and collaboration agreement with Ergon.


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. Verde Resources 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: 0001493152-26-042498), on September 14, 2026, and is solely responsible for the information contained therein.