PMGC Q2 FY26 net loss widens to $2.96 million; revenue turns positive to $1.31 million
ELAB•Cash balance rises on financing inflows
Cash rose to $18.14 million at June 30, 2026 from $5.4 million at Dec. 31, 2025, on $23.87 million financing inflows.
Six-month results show wider loss and first revenue
PMGC reported a net loss of $7.95 million for the six months ended June 30, 2026, widening from $2.16 million.
Revenue was $1.99 million, compared with no revenue a year earlier, driven by newly acquired manufacturing subsidiaries.
Gross profit was $616,165, producing a 30.98% gross margin, versus no gross profit in the prior-year period.
Operating expenses increase on higher consulting and administration costs
Operating expenses climbed to $7.78 million from $2.22 million, led by higher consulting fees and office and administration costs.
