MMEX Resources FY26 net loss narrows 16.79% to $1.91 million

Reuters2026/07/29 20:18

By:Reuters

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MMEX Resources posted a net loss of USD 1.91 million, narrowing from USD 2.3 million a year earlier.
General and administrative expense fell 10.79% to USD 1.25 million, reflecting lower consultant fees partly offset by higher legal costs.
Project costs rose to USD 80,248 from USD 5,430, driven by increased funding available to invest in projects.
Working capital deficit totaled USD 5.87 million, with cash of USD 212,343 against current liabilities of USD 6.17 million.
Net cash used in operating activities increased to USD 506,813 from USD 380,107, while financing cash inflow climbed to USD 714,577 from USD 383,788.

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. MMEX Resources Corporation 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: 0001477932-26-004593), on July 29, 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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MMEX Resources FY26 net loss narrows 16.79% to $1.91 million

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