First America Resources swings to operating income of $545,000 in Q2 FY26; revenue rises 20% to $5.79 million - FSTJ News | RalliesFirst America Resources swings to operating income of $545,000 in Q2 FY26; revenue rises 20% to $5.79 million
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FSTJ• Q2 and six-month results improve
- First America Resources posted Q2 revenue of $5.79 million, up 20% year over year.
- Operating income turned to $545,000 from an operating loss a year earlier, as gross margin widened 5 percentage points to 56%.
- Six-month revenue rose 20% to $10.59 million, while operating income swung to $873,000 from an operating loss.
- Interest expense totaled $30,000 in the quarter; the prior-year six months included $347,000 of non-recurring employee retention credit income.
- Cash was $525,000 at June 30, 2026, up from $277,000 at Dec. 31, 2025; management said it may need additional debt or equity funding.
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