Polibeli swings to FY26 H1 net income of US$469,559; revenue falls 34.62% to US$10.8 million
PLBL•Cash position and operating cash use
Cash and cash equivalents totaled US$1.66 million, while net cash used in operating activities was US$1.55 million.
Fair value gain offsets other expenses
Gain on fair value change of OET derivative liability was US$5.4 million, and financial expenses were a loss of US$1.56 million.
Company expands focus beyond global commerce
The company broadened its focus beyond global commerce by evaluating enterprise AI cloud computing services and its PoliVara AI MaaS platform, with no revenue contribution.
First-half revenue declines, but company swings to net income
Polibeli reported revenue of US$10.8 million for the six months ended June 30, 2026, down 34.62% year over year.
Operating loss narrowed 13.53% to US$3.55 million, while net income was US$469,559, swinging from a net loss.
