Diamond Estates FY26 net loss narrows to $1.3 million; revenue rises 22% to $29.9 million

Reuters2026/07/29 13:45

By:Reuters

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Diamond Estates reported FY 2026 revenue of $29.9 million, up $5.4 million from FY 2025, on $5.9 million Winery growth.
Net loss narrowed to $1.3 million from $2.5 million in FY 2025.
Adjusted EBITDA rose to $3.8 million from $0.8 million, due to higher Winery sales and stronger gross margins.
Cash from operating activities was $5.5 million, enabling term loans to fall $4.6 million to $11.4 million.
CEO Andrew Howard said retail expansion, enhanced government support and buy-local trends are sustaining momentum into fiscal 2027.

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. Diamond Estates Wines & Spirits Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Diamond Estates FY26 net loss narrows to $1.3 million; revenue rises 22% to $29.9 million

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