Western Acquisition Ventures Q2 net loss narrows 27.62% to $4.04 million; revenue falls 3.4% to $3.76 million

Western Acquisition Ventures reported Q2 net loss attributable to shareholders narrowed to $3.76 million from $5.19 million a year earlier.

Revenue slipped 3.4% to $3.76 million, citing a delay in a large contract start.

Gross margin widened to 29.1% from 6.1%, reflecting cost-saving efforts that lowered cost of revenue to $2.66 million.

Operating loss narrowed to $1.88 million from $3.77 million, while loss on debt settlement widened to $1.93 million from $907,983.

The company closed the Secuvant acquisition on June 3, 2026. Cash and cash equivalents totaled $1.9 million at June 30, 2026.