Decent Holding Q2 Revenue +238% to $18.6M; Net Loss Widens
Decent Holding Inc. reported a significant increase in total revenue by 238% to $18.6 million for the six months ended April 30, 2026, driven by strong growth in wastewater treatment and the launch of its new high-margin senior health and elderly care platform. Despite this revenue growth and an improved gross profit margin of 33.36%, the company's net loss widened to $1.07 million due to substantial increases in operating expenses, particularly selling and general & administrative costs associated with the new business. The company also completed a 1-for-25 reverse share split and expanded its senior care platform to 480 locations.
Key Highlights
- Total revenue increased by 238.00% to $18,585,525 for the six months ended April 30, 2026.
- Wastewater treatment revenue grew by 1,762.84% to $9,186,083.
- New senior health and elderly care platform generated $3,502,890 in revenue with a 75.1% gross margin.
- Gross profit increased by 310.25% to $6,199,289, with overall gross margin rising to 33.36%.
- Net loss widened to $(1,074,093) from $(479,165) in the prior year period.
- Operating expenses surged by 257.89% to $7,075,041, mainly due to marketing and G&A for the new business.
- Effected a 1-for-25 reverse share split on March 16, 2026.
- Net cash provided by financing activities was $7,037,437.
Price Impact
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