Farmmi FY26 first-half net loss widens to USD 37.59 million; revenue drops to USD 6.39 million
FAMI•Farmmi first-half results worsen as revenue falls and losses deepen
- Farmmi posted a net loss of USD 37.59 million for the six months ended March 31, 2026, widening from USD 251,658.
- Revenue fell 60.4% to USD 6.39 million, swinging gross profit to a gross loss of USD 1.09 million from USD 814,574.
- Operating loss widened to USD 38.53 million as operating expenses jumped to USD 37.44 million from USD 1.48 million.
- Cash and restricted cash fell to USD 249,252 at March 31, 2026 from USD 804,098 at Sept. 30, 2025.
- The filing cited “substantial doubt” about going concern after a USD 37.6 million loss, with plans to raise financing and cut operating cash use.
