Digital Brand Media Posts $550,206 Net Loss in H1 FY2026 Despite Revenue Gains

Digital Brand Media & Marketing Group, a Florida-based digital marketing firm, reported a net loss of $550,206 for the six months ending February 28, 2026, compared to a net loss of $170,510 in the same period a year earlier. Revenue for the period rose 51% to $85,689 from $56,577 in the prior-year period. Read more earnings reports.

For the three months ending February 28, 2026, the company swung to a net loss of $244,792 from net income of $184,504 in the year-ago quarter. Revenue for the quarter increased 40% to $38,672 from $27,604.

Operating losses narrowed in the six-month period to $269,287 from $320,372 a year earlier. Operating expenses declined 6% to $354,976 from $376,949 in the prior-year period. Selling, general and administrative expenses dropped 9% to $299,571 from $329,859.

Cash burn from operations totaled $304,674 for the six months, up from $285,725 in the year-ago period. The company raised $344,901 through financing activities during the period, compared to $274,189 a year earlier.

Cash and restricted cash stood at $63,335 as of February 28, 2026, up from $36,788 a year earlier and $23,108 at the end of fiscal 2025. Total assets increased to $81,756 from $52,754 a year earlier.

The company's stockholders' deficit widened to $8.89 million from $7.90 million a year earlier. Retained deficit expanded to $19.79 million from $18.35 million. Total liabilities climbed to $8.97 million from $8.44 million at fiscal year-end.

The company had 865.2 million common shares outstanding as of February 28, 2026, unchanged from the prior year. Earnings per share for both basic and diluted calculations rounded to zero for the quarter and six-month period.