Fuse Group net loss narrows to $114,749 in FY26 Q3-to-date; revenue falls to $7,683
Reuters2026/07/31 20:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Fuse Group posted a net loss of $114,749 for the nine months ended June 30, 2026, narrowing from a net loss of $204,619.
- Revenue fell 83.28% to $7,683; gross profit was $7,683 as cost of revenue was nil.
- Operating expenses dropped 53.31% to $114,939, driven mainly by lower personnel costs, rent, and utilities.
- Non-operating expenses rose to $5,093 from $1,985, led by interest expense on convertible notes and an EIDL loan.
- Working capital deficit widened to $290,250 from $285,615; net cash used in operating activities improved to $115,787 from $205,912.
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. Fuse Group Holding 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: 0001185185-26-003209), on July 31, 2026, and is solely responsible for the information contained therein.
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