Polaris Renewable Energy Q2 FY26 swings to net loss of US$0.8 million; revenue falls 7.89% to US$19.94 million

Reuters2026/07/30 11:52

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Polaris Renewable Energy posted a net loss attributable to shareholders of USD 0.8 million, or USD 0.04 per share, swinging from profit.
Revenue fell 7.89% to USD 19.94 million; energy production dropped 7.7% to 199,130 MWh on higher curtailment, normalized hydrology.
Adjusted EBITDA (non-IFRS) slid to USD 13.67 million from USD 15.43 million.
Operating cash flow rose to USD 6.49 million from USD 4.76 million; total cash and equivalents increased to USD 98.8 million at June 30.
Signed a 71.4 MW Puerto Rico BESS deal targeting USD 70-75 million capex; executed Mexico CFE framework for ~250 MWdc solar plus storage.

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. Polaris Renewable Energy Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607300750ACCESSWRNAPR_____1198623) on July 30, 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.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Polaris Renewable Energy Q2 FY26 swings to net loss of US$0.8 million; revenue falls 7.89% to US$19.94 million

You may also like

Crypto prices