QTREX management says H1 2026 revenue rises to $1.55 million on newly acquired AME business sales
Bitget2026/09/24 20:46- QTREX Quantum management commentary on the six months ended June 30, 2026 flagged a net loss of USD 6.35 million.
- Revenue rose to USD 1.55 million from USD 289,000, driven entirely by the newly acquired additive manufacturing electronics business.
- Cost of revenue increased to USD 610,000 from USD 287,000, tracking higher product sales and direct selling costs tied to the acquired operations.
- R&D expense climbed to USD 4.76 million from USD 3.64 million, reflecting headcount additions and overhead to run the acquired platform.
- Cash and cash equivalents totaled USD 10.7 million, with management expecting funding for 12 months but citing reliance on external financing.
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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