King Resources swings to FY26 net loss of $2.18 million; revenue rises to $830,662
KRFG•Balance sheet and business update
Working capital deficit widened to US$1.19 million from US$954,533, with cash and cash equivalents of US$8,789.
King Resources said it is preparing to launch its first batch of smart chargers, while its arts and collectibles unit became the primary business after a 2024 restructuring.
FY26 results show wider loss despite higher revenue
King Resources posted a net loss of US$2.18 million, swinging from net income of US$1.95 million a year earlier.
Revenue rose to US$830,662 from US$76,921.
Operating loss widened to US$2.18 million from US$572,737 on sales and marketing expense of US$1.99 million versus US$135,517.
