Vantage swings to FY26 net loss of US$1.3 million; revenue falls 4.4% to US$17.8 million - VNTG News | RalliesVantage swings to FY26 net loss of US$1.3 million; revenue falls 4.4% to US$17.8 million
V
VNTG• Outlook
- Vantage expects a fiscal 2027 first-half impact from Strait of Hormuz restrictions.
Capital return and acquisitions
- Completed a US$1 million share repurchase program.
- Closed acquisitions in China and Singapore.
FY26 results turn to a net loss
- Vantage posted a net loss of US$1.3 million, swinging from net income of US$3.8 million a year earlier.
- Revenue slipped 4.4% to US$17.8 million, while gross margin fell 4.7 percentage points to 41.5%.
- Operating loss was US$834,119 as operating expenses climbed to US$8.2 million from US$4.2 million.
- Adjusted EBITDA (non-GAAP) was a loss of US$129,000, compared with a profit of US$4.9 million a year earlier.
•
