Tamboran net loss narrows to USD 30.5 million in FY26; cash climbs 456% to USD 219.14 million as of June 30, 2026
Bitget2026/09/25 10:21- Tamboran posted a net loss of USD 30.5 million, narrowing from USD 39.62 million a year earlier.
- Total operating costs and expenses fell to USD 32.67 million from USD 39.32 million, while revenue remained at no revenue.
- Cash and cash equivalents climbed to USD 219.14 million at June 30, 2026 from USD 39.44 million a year earlier.
- Net cash used in operating activities rose to USD 34.6 million from USD 29.64 million, while net cash from financing activities jumped to USD 412.27 million.
- First gas sales began Sept. 5, 2026, with volumes expected to ramp to a 40 TJ/d plateau during commissioning in the fourth quarter.
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