Kaival Brands FY26 Q2 net loss narrows to about $0.6 million; revenue falls to about $38,000

Kaival Brands Innovations Group Inc Ordinary Shares

Kaival Brands Innovations Group Inc Ordinary Shares

KAVL

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  • Kaival Brands posted a Q2 net loss of USD 0.6 million, narrowing from a USD 2 million loss a year earlier; loss per share improved to USD 0.04.
  • Revenue slipped to USD 38,000 from USD 47,000 in the year-ago quarter, on lower royalty revenue tied to its PMI licensing arrangement.
  • Operating expenses fell to about USD 0.6 million from about USD 2 million, reflecting lower amortization and legal costs versus the prior-year period.
  • For the six months ended April 30, net loss narrowed to about USD 1.2 million from about USD 6.1 million; revenue eased to about USD 0.1 million.
  • Cash totaled USD 277,951 with a USD 20,662 working-capital deficit; management said it expects insufficient cash to fund the next 12 months.


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