FOXO swings to Q2 FY26 profit of USD 8.14 million; revenue falls 9.65% to USD 4.72 million
FOXO•Operating income and expenses
Income from operations rose to USD 8.75 million, driven by a USD 9.13 million management contingent share plan forfeiture.
Interest expense increased 29.95% to USD 1.31 million, reflecting higher notes payable and Medicare cost report settlement interest.
Quarterly results and revenue
FOXO Technologies posted GAAP net income attributable to shareholders of USD 8.14 million, swinging from a loss a year earlier.
Net revenues fell 9.65% to USD 4.72 million, as RCHI recorded USD 0.6 million of THIP revenue versus USD 2.5 million.
Adjusted EBITDA and going concern
Adjusted EBITDA turned to a loss of USD 519,750 from positive USD 461,981.
The company also flagged substantial doubt about its ability to continue as a going concern.
