Paragon Advanced Labs Q2 FY26 net loss narrows to C$ 3.35 million; revenue rises 85% to C$ 4.09 million vs Q1 FY26

• Paragon Advanced Labs posted Q2 2026 revenue of C$ 4.09 million, up 85% sequentially.
• Gross profit turned positive at C$ 0.42 million, swinging from a gross loss in Q1; gross margin was 10.3%.
• Operating loss widened to C$ 4.1 million, while net loss narrowed to C$ 3.35 million.
• Six-month revenue rose 142% year over year to C$ 6.3 million; gross profit was C$ 0.2 million.
• Management cited higher lab utilization; Thunder Bay sample prep ramped, Sparks expansion advanced, McEwen MOU outlined a Nevada PhotonAssay facility.

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. Paragon Advanced Labs Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608310904NEWSFILECNPR____20260831_312142_1) on August 31, 2026, and is solely responsible for the information contained therein.