JBDI returns to profit in FY26; revenue rises 0.9% to $8.5 million - JBDI News | RalliesJBDI returns to profit in FY26; revenue rises 0.9% to $8.5 million
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JBDI• FY26 results
- JBDI posted FY2026 net profit of about US$100,000, returning to profit from a US$2.7 million net loss.
- Revenue rose 0.9% to about US$8.5 million, driven mainly by a roughly US$400,000 increase in new container sales.
- Gross profit climbed to about US$4.3 million from about US$3.4 million; gross margin widened 10.2 percentage points to 49.9%.
- Cost of revenue fell 16.2% to about US$4.3 million on lower costs to purchase used drums and containers.
- Administrative expenses dropped to about US$4.2 million from about US$6.1 million, while cash and cash equivalents ended at about US$2 million.
