Management said it completed its pivot to Bio-Native AI infrastructure, signed its first two recurring LensAI agreements, and launched ReefIQ in June 2026.
Cash position and divestiture proceeds
Cash and restricted cash rose 6% to CAD 11.5 million.
The company recorded CAD 14.3 million of proceeds from divesting its Netherlands subsidiary.
FY2026 results improve on higher revenue and lower expenses
MindWalk posted FY2026 revenue of CAD 15.6 million, up 46%, while gross margin widened 4.9 percentage points to 58.8%.
Net loss from continuing operations narrowed to CAD 15.1 million; loss per share from continuing operations improved to CAD 0.33.
Total operating expenses fell to , due to the non-recurrence of about in amortization and impairment charges.
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