Marwynn FY26 net loss narrows to $3.92 million; revenue rises 427.5% to $4.24 million

Reuters2026/07/30 21:13

By:Reuters

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Marwynn posted a net loss of USD 3.92 million for fiscal 2026, narrowing from the prior year.
Revenue rose to USD 4.24 million, up 427.5% year over year, driven by USD 3 million of recyclable e-waste materials sales.
Operating loss narrowed to USD 3.28 million while gross margin fell 31.38 percentage points to 15.34%.
Food and beverage revenue slipped 8.72% to USD 570,368 on lower purchase orders from Costco; consulting services more than doubled to USD 672,498.
EcoLoopX hired sales director Frank Xu to expand U.S. e-waste collection channels; NexaCore remained in development for AI and infrastructure services.

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. Marwynn Holdings Inc. 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: 0001213900-26-083383), 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.

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Marwynn FY26 net loss narrows to $3.92 million; revenue rises 427.5% to $4.24 million

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