Lianhe Sowell swings to FY26 net loss of $5.65 million; revenue rises 18% to $43.27 million
LHSW•Cash and financing inflows increase
Cash climbed to $1.89 million as financing inflows reached $10.79 million, including $7.03 million of IPO proceeds.
Margins and operating expenses weaken
Operating results turned to a $6.82 million loss as operating expenses more than doubled to $16.08 million.
Gross margin fell 5 percentage points to 21% as electronic products grew to 71% of revenue, while software slipped to 29%.
FY26 results swing to loss as revenue rises
Lianhe Sowell posted a net loss of $5.65 million, swinging from a net profit in the prior year.
Revenue rose 18% to $43.27 million, driven by a 40% increase in electronic products sales to $30.85 million.
