Winvest net loss widens to $15.04 million in FY25; revenue rises 1.4% to $78,426
WINVEST GROUP LTD
WINVEST GROUP LTD WNLV | 0.00 |
- Winvest Group posted a net loss of $15.04 million, or $(0.14) per share, for the year ended Dec. 31, 2025, widening from a $1.08 million loss in the prior year.
- Revenue edged up 1.4% to $78,426, reflecting continued customer concentration and project-based work.
- Gross profit swung to $32,018 from a gross loss of $2,685, while operating expenses fell to $608,859 from $760,298.
- Other expenses jumped to $14.47 million from $318,064 due to higher interest expense tied to convertible notes and a loss on investment, mainly from writing off the Infinity Fund Australia investment.
- Cash on hand was $44,072; management cited plans to pursue additional equity financing, manage costs, and advance film production projects to support liquidity.
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. Winvest Group Ltd. 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: 0001477932-26-002885), on May 08, 2026, and is solely responsible for the information contained therein.
