JFB Construction net loss widens 69% to $4.01 million in Q2 FY26; revenue more than doubled to $9.07 million
JFB•Quarterly results
JFB Construction Holdings posted a net loss of USD 4.01 million for the quarter ended June 30, 2026, widening 69%.
Revenue more than doubled to USD 9.07 million, driven by execution of larger real estate development projects.
Operating loss widened to USD 4.08 million on higher selling and marketing costs of USD 2.03 million.
Expenses and merger progress
General and administrative expense rose 51% to USD 3.26 million, reflecting talent investment, IT upgrades, board pay, legal and rent.
The merger process advanced with a USD 30.22 million advance payment to XTEND; cash ended at USD 7.97 million.
