Almonty Q1 FY26 net loss narrows to $5.3 million; revenue rises 221% to $25.4 million
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- Almonty Industries Q1 2026 revenue more than tripled to $25.4 million, driven by higher spot tungsten APT prices.
- Net loss narrowed to $5.3 million, or ($0.02) per share, reflecting absence of a $25.8 million non-cash warrant revaluation loss recorded a year earlier.
- Adjusted EBITDA turned positive at $6.1 million, while operating cash flow swung to a positive $9.7 million.
- Cash totaled $259.9 million, with working capital of $169.5 million.
- Sangdong tungsten mine held a formal commissioning ceremony in March, while headquarters relocation to Dillon, Montana followed quarter-end to align more closely with U.S. defense and industrial stakeholders.
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. Almonty Industries Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605111808BIZWIRE_USPR_____20260511_BW950425) on May 11, 2026, and is solely responsible for the information contained therein.
