Streamex net loss widens to $46.7 million in Q1 FY26; revenue no revenue
Streamex Corp.
Streamex Corp. STEX | 0.00 |
- Streamex posted a net loss attributable to common shareholders of USD 46.7 million for the quarter ended March 31, 2026, widening from USD 2.8 million a year earlier.
- General and administrative expense jumped to USD 34.25 million, driven by USD 25.37 million of stock-based compensation and common stock issued for services; depreciation and amortization rose to USD 1.49 million on intangible assets from the Streamex Exchange acquisition.
- Other expense totaled USD 11.51 million versus other income of USD 184,000 a year earlier, reflecting USD 12.2 million of net interest expense and a USD 3.06 million loss on extinguishment tied to Yorkville secured convertible debentures settled in February.
- Revenue was unchanged at no revenue; Streamex Exchange remained in development and had not generated revenue, though it launched GLDY and began accepting subscriptions during the quarter.
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. Streamex Corp. 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: 0001493152-26-023197), on May 14, 2026, and is solely responsible for the information contained therein.
