Verde Resources Posts $1.85M Loss on $6,948 Revenue in H1 FY2026

Verde Resources reported a net loss of $1.85 million for the six months ending December 31, 2025, compared to a loss of $2.34 million in the same period a year earlier. Revenue fell 94.6% to $6,948 from $127,993 in the prior-year period. Read more earnings reports.

The Nevada-based company generated $4,679 in revenue during the three months ending December 31, 2025, up from $2,423 in the prior-year quarter. Cost of revenue for the six-month period totaled $2,221, down from $59,148 a year earlier.

Operating expenses declined to $2.13 million for the six months from $3.30 million in the prior-year period. Selling, general and administrative expenses fell to $2.02 million from $3.20 million. The company reported an operating loss of $2.12 million compared to an operating loss of $3.24 million a year earlier.

Cash Position Strengthens

Cash and cash equivalents stood at $2.03 million as of December 31, 2025, up from $1.02 million six months earlier and $892,000 at the end of the prior fiscal year. The company used $1.72 million in operating activities during the six-month period, compared to $1.01 million in the prior-year period.

Cash from financing activities totaled $2.45 million for the six months, compared to $244,526 in the prior-year period. Cash from investing activities contributed $276,484 during the period.

Balance Sheet and Capital Structure

Total assets decreased to $39.31 million as of December 31, 2025, from $39.10 million six months earlier. Total liabilities fell to $1.25 million from $1.73 million during the same period. Stockholders' equity rose to $38.06 million from $37.37 million.

Common shares outstanding increased to 1.29 billion as of December 31, 2025, from 1.26 billion six months earlier. Additional paid-in capital grew to $57.09 million from $54.53 million. The accumulated deficit widened to $20.11 million from $18.26 million.

Inventory stood at $286,707 as of December 31, 2025, essentially flat from $284,561 six months earlier. Property, plant and equipment declined to $1.53 million from $1.57 million.