Nightfood Holdings Swings to $7.98M Net Loss in H1 FY2026 After Acquisition Spree

Nightfood Holdings reported a net loss of $7.98 million for the six months ending December 31, 2025, compared to a net loss of $1.24 million in the same period a year earlier. The operating loss widened to $5.69 million from $410,311 in the prior-year period. Read more earnings reports.

Revenue for the six-month period reached $2.97 million, up 62% from $1.84 million a year earlier. Cost of revenue was $1.25 million.

The company's total assets jumped to $129.6 million as of December 31, 2025, from $7.3 million at the end of the prior fiscal year on June 30, 2025. The surge was driven by goodwill ballooning to $95.7 million from $4.5 million and property, plant and equipment rising to $24.1 million from $240,824.

Nightfood swung to positive stockholders equity of $86.4 million as of December 31, 2025, from negative equity of $17.3 million six months earlier. Additional paid-in capital climbed to $140.9 million from $29.3 million. The accumulated deficit stood at $54.7 million.

Cash and restricted cash totaled $350,231 as of December 31, 2025, up from $148,294 a year earlier but down from the June 30, 2025 balance.

Cash used in operations was $3.92 million for the six-month period, compared to $270,240 a year earlier. Cash from financing activities was $2.72 million, while investing activities generated $1.20 million in cash.

Total liabilities increased to $43.2 million from $11.9 million as of June 30, 2025. Current liabilities nearly doubled to $21.8 million from $11.5 million. Long-term debt stood at $19.0 million.

Common shares outstanding rose to 213.4 million from 137.0 million six months earlier. Basic and diluted earnings per share were negative $0.05 for the six-month period on a weighted average share count of 162.8 million shares.

Inventory increased to $437,723 from $319,491, while accounts receivable climbed to $161,091 from $46,215 over the six-month period.

*As of June 30, 2025