Helio net loss more than doubles to $5.38 million in FY26 first half; revenue drops 63% to $952,866

Helio

Helio

HLEO

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  • Helio posted a net loss of USD 5.38 million, more than doubled from a year earlier; loss per share was USD 0.26.
  • Revenue fell 63% to USD 952,866; operating loss widened 98% to USD 3.53 million.
  • Operating expenses rose 63% to USD 3.9 million, driven by higher professional fees and general and administrative costs.
  • Cash and cash equivalents totaled USD 464,720; cash used in operating activities was USD 1.32 million.
  • Management flagged substantial doubt about going concern; it is pursuing additional debt and equity financings and strategic partnerships.


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. Helio Corporation 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: 0001683168-26-004832), on June 15, 2026, and is solely responsible for the information contained therein.

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