CitroTech Q1 FY26 net loss narrows 43% to USD 6.21 million

CitroTech Inc.

CitroTech Inc.

CITR

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  • CitroTech posted a net loss of USD 6.21 million for the quarter ended March 31, 2026, narrowing 43% from year-ago period.
  • Revenue fell 64% to USD 344,915, reflecting the absence of Pacific Palisades and Eaton Canyon fire deployments that lifted first-quarter 2025 results.
  • Operating expenses rose 8% to USD 4.79 million, driven by payroll and management compensation, which more than doubled to USD 3.11 million.
  • Other expenses dropped 76% to USD 1.76 million, while cash used in operating activities widened to USD 2.06 million.
  • CitroTech formed a 50/50 global joint venture with Hexion on April 17, 2026 to produce and sell CitroTech into fire-retardant treated wood markets, while advancing CitroSafe Systems with an insurance-broker program in proof-of-concept phase.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CitroTech Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-003943), on May 15, 2026, and is solely responsible for the information contained therein.