SusGlobal net loss narrows to $1.52 million in Q1 FY26
SUSGLOBAL ENERGY CORP
SUSGLOBAL ENERGY CORP SNRG | 0.00 |
- SusGlobal posted a net loss of USD 1.52 million for the quarter ended March 31, 2026, narrowing from USD 1.88 million a year earlier.
- Revenue was nil versus USD 6,345 a year earlier, while cost of sales fell to USD 74,529 from USD 450,720.
- Operating expenses climbed to USD 1.03 million from USD 709,930, driven by foreign exchange loss of USD 300,875 versus income of USD 20,197.
- Working capital deficit widened to USD 41.17 million at March 31, 2026, with cash balances at nil and current liabilities of USD 41.2 million.
- Hamilton Facility sold on June 30, 2026 for USD 7.71 million; Belleville Facility reopening targeted for early 2027 as compliance work continues.
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. Susglobal Energy Corp. 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: 0001062993-26-003643), on July 14, 2026, and is solely responsible for the information contained therein.
