Moving iMage FY26 net loss narrows 69% to $297,000; net sales fall 4.6% to $17.32 million
MITQ•Moving iMage Technologies’ FY26 net loss narrowed 68.67% to $297,000, while net sales fell 4.6% to $17.32 million. Gross margin rose to 29.1%, and the company expects about $4.5 million in Q1 net sales and full-year top-line growth and profitability.
1. Annual results and outlook
Moving iMage Technologies reported FY26 net sales of $17.32 million, down 4.6%, and a net loss of $297,000, narrowed 68.67%. Gross margin expanded 3.9 percentage points to 29.1%, while gross profit increased 10% to $5.03 million. The company expects about $4.5 million in Q1 net sales and said it expects full-year top-line growth and profitability.
2. Fourth-quarter figures
Q4 net sales fell 22.73% to $4.55 million, which management attributed to customers shifting projects forward by one or more quarters. The quarterly net loss widened to $296,000 from $156,000, while operating expenses declined to $1.32 million from $1.39 million.
