Taurus Armas net profit more than doubles to R$ 97.4 million in 2Q26; revenue falls 10.3% to R$ 360.9 million vs 2Q25
Reuters2026/08/11 23:48- Taurus Armas swung to net profit of R$ 97.4 million in 2Q26 from a net loss in 1Q26.
- Net revenue slipped 10.3% year over year to R$ 360.9 million, driven by a 13.4% drop in external market revenue to R$ 279.8 million.
- EBITDA rose to R$ 124.8 million from negative in 1Q26; margin improved to 34.6% from -5.7%.
- Net debt fell 21.3% versus end-1Q26 to R$ 426.1 million; leverage dropped to 2.76x net debt/EBITDA from 6.85x.
- Management cited a US tariff reimbursement process starting in May; R$ 91.1 million was recognized in other operating income in 2Q26.
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.
You may also like
Anthropic IPO Wealth Bonanza Sparks Battle: Goldman Sachs, Bank of America, and Others Compete for Employee Wealth Management Business
Anthropic's valuation has soared dramatically in a very short period, and some employees who have held equity for just two years may be facing wealth realization on a scale far beyond expectations. Wealth management professionals remarked, “It’s like winning the lottery.” Currently, Goldman Sachs, Bank of America, BNY Mellon, JPMorgan, and Wells Fargo have all reached out to Anthropic, aiming to establish long-term wealth management relationships with these newly wealthy tech elites at an early stage.
abrdn Total Dynamic Dividend Fund declares $ 0.11 per-share distribution for Sept. 30
Aberdeen Government Markets Income Fund declares USD 0.02 per share distribution for Sept. 30
Box CEO Aaron Levie disposes of USD 513,660 in common shares
Crypto prices
More
