Quarterly ResultJun 30, 2026, 04:07 PM
Scage Future H1 Revenue +91.3% to $13.7M; Gross Profit $0.2M
AI Summary
Scage Future reported unaudited financial results for the first six months of fiscal year 2026, ending December 31, 2025. The company saw a significant revenue increase of 91.3% to US$13.7 million, primarily driven by NEV and component sales. Gross profit turned positive to US$0.2 million from a loss in the prior year, and net loss decreased by 30.5% to US$3.7 million. However, interest expense, net, rose sharply by 652.5% to US$1.1 million.
Key Highlights
- Revenue increased by 91.3% to US$13.7 million for H1 FY2026.
- Gross profit improved to US$0.2 million (1.4% margin) from a US$0.7 million loss.
- Net loss decreased by 30.5% to US$3.7 million for the six months.
- Basic and diluted loss per share was US$0.05, down from US$0.08.
- Interest expense, net, increased by 652.5% to US$1.1 million.
- Cash and restricted cash increased to US$0.6 million as of December 31, 2025.
- Net cash provided by investing activities was US$21,161, a significant improvement.
Price Impact
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