Alset net loss narrows to $5.84 million in Q2 FY26; revenue falls 10% to $988,542 - AEI News | RalliesAlset net loss narrows to $5.84 million in Q2 FY26; revenue falls 10% to $988,542
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AEI• Q2 FY26 financial results
- Alset posted a net loss of USD 5.84 million for the quarter ended June 30, 2026, narrowing from USD 8.84 million a year earlier.
- Revenue fell 10% to USD 988,542 from the prior-year quarter, with real estate up 1% to USD 724,313 while other declined 31% to USD 264,229.
- Operating expenses dropped 34% to USD 1.88 million, led by a 58% decline in other segment costs to USD 1.06 million.
- Other expense decreased to USD 4.03 million from USD 6.09 million, driven by a swing to USD 170,687 foreign-exchange gain from a loss.
- Management said it expects rental revenue to keep rising as it adds houses and increases occupancy, citing 132 single-family rentals in Texas.
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