Marwynn posted a net loss of USD 3.92 million for fiscal 2026, narrowing from the prior year.
Revenue rose to USD 4.24 million, up 427.5% year over year, driven by USD 3 million of recyclable e-waste materials sales.
Operating loss narrowed to USD 3.28 million while gross margin fell 31.38 percentage points to 15.34%.
Food and beverage revenue slipped 8.72% to USD 570,368 on lower purchase orders from Costco; consulting services more than doubled to USD 672,498.
EcoLoopX hired sales director Frank Xu to expand U.S. e-waste collection channels; NexaCore remained in development for AI and infrastructure services.
MWYN•
