Nevis Brands FY26 H1 net loss narrows to $77,188; revenue falls 4% to $799,015
Reuters2026/07/16 21:01By:Reuters
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- Nevis Brands posted a net loss of $77,188 for the six months ended May 31, 2026 on revenue of $799,015, down 4%.
- Operating cash flow rose to $39,577 from $7,804 in the prior-year period.
- Working capital swung to a positive $45,517 at May 31, 2026 from a $64,293 deficiency at Nov. 30, 2025.
- Revenue fell as hemp-derived products were wound down, while Arizona and New Mexico grew; more than $50,000 of debt was repaid.
- CEO John Kueber said the company expects to fund its next growth phase through operating cash flow while expanding regulated markets and new beverages.
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. Nevis Brands Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607161700TNWSWRCACNPR_____1AJ6FQJqK) on July 16, 2026, and is solely responsible for the information contained therein.
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