MMEX Resources FY26 net loss narrows 16.79% to $1.91 million - MMEX News | RalliesMMEX Resources FY26 net loss narrows 16.79% to $1.91 million
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MMEX• Liquidity and cash flow
- Working capital deficit totaled USD 5.87 million, with cash of USD 212,343 against current liabilities of USD 6.17 million.
- Net cash used in operating activities increased to USD 506,813 from USD 380,107, while financing cash inflow climbed to USD 714,577 from USD 383,788.
FY26 results and expenses
- MMEX Resources posted a net loss of USD 1.91 million, narrowing from USD 2.3 million a year earlier.
- General and administrative expense fell 10.79% to USD 1.25 million, reflecting lower consultant fees partly offset by higher legal costs.
- Project costs rose to USD 80,248 from USD 5,430, driven by increased funding available to invest in projects.
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