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Zefiro Methane Q1 FY27 swings to net loss of USD 2.43 million year over year

PUBT·11/12/2026 21:35:44
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Zefiro Methane Q1 FY27 swings to net loss of USD 2.43 million year over year
  • Zefiro Methane swung to a first-quarter FY27 net loss of USD 2.43 million from year-earlier net income of USD 627,270.
  • Revenue climbed 31% from the previous quarter to USD 12.15 million, reflecting the Viking Well Service fleet ramp-up.
  • Gross profit dropped 46% year-over-year to USD 2.48 million due to higher field costs and the absence of carbon credit sales.
  • Government well-plugging backlog reached approximately USD 40 million, with projects extending through June 2029.


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. Zefiro Methane Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611121615NEWSFILECNPR____20261112_323542_1) on November 12, 2026, and is solely responsible for the information contained therein.