Lycos Energy Q1 FY26 swings to net loss of $2.01 million; revenue drops 60% to $10.85 million

  • Lycos Energy posted a net loss of 2.01 million for Q1 2026, swinging from net income of 2.37 million a year earlier.
  • Total petroleum and natural gas sales, net of blending, fell 60% to 10.85 million; cash flow from operating activities dropped 46% to 6.79 million.
  • Adjusted funds flow from operations slid 63% to 4.57 million on average production of 1,653 boe/d, down 59%.
  • Adjusted working capital was 13.86 million, compared with adjusted net debt of 25.29 million a year earlier.
  • Closed the Mahikan business combination, issued 29,781,301 shares, completed a 30 million private placement, and started a six-well Moonshine HVSM development program.


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. Lycos Energy Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605261605NEWSFILECNPR____20260526_298943_1) on May 26, 2026, and is solely responsible for the information contained therein.

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