EZGO says six-month net loss widens on higher G&A, weaker margins, non-operating charges - EZGO News | RalliesEZGO says six-month net loss widens on higher G&A, weaker margins, non-operating charges
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EZGO• Six-month revenue and margin trends
- For the six months ended March 31, 2026, net revenue fell 3.1% to $6.36 million, driven by lower battery and solar sales.
- Higher electronic control system sales, up 1.8% to $647,498, partially offset the decline.
- Maintenance-led “other” revenue rose 11.2% to $456,808, reflecting a larger installed base and stronger after-sales demand.
- Gross margin narrowed to 6.0% from 10.2% on weaker battery and control-system margins, pressured by solar mix and more competitive pricing.
- Net loss from continuing operations widened to $3.74 million from $1.03 million on higher G&A, non-operating charges, partly offset by lower R&D.
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Venture Global Director Jimmy D. Staton sells USD 881,034 of common shares
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