BrenX H1 FY26 net loss narrows 18% to USD 6.09 million; operating loss improves 9% to USD 5.97 million
BRNX•Project and asset updates
Tempo 32 MWh bGen system is producing steam during commissioning; Wolfson 12 MWh project starts on-site work after permit.
The Hungary push adds an operating 1.2 MWp solar asset bought for about USD 1.1 million; an adjacent land deal supports an integrated energy center plan.
H1 losses narrow as revenue falls to zero
BrenX posts H1 operating loss narrowing 9% to USD 5.97 million; net loss improves 18% to USD 6.09 million.
Revenue falls to no revenue; the prior-year period included USD 387,000 tied to Enel project milestones.
Cash totals USD 5.69 million at June 30; net cash used in operating activities rises 4% to USD 5.5 million.
