Work Medical posts FY26 H1 net loss of USD 3.46 million; revenue rises to USD 5.41 million
WOK•FY26 first-half results
Work Medical Technology Group posted a net loss of USD 3.46 million for the six months ended March 31, 2026.
- Net revenue rose 19.06% to USD 5.41 million, driven by China domestic market revenue of USD 4.28 million.
- Gross profit fell 33.67% to USD 1.04 million, while operating expenses climbed to USD 4.57 million.
- Cash and cash equivalents declined to USD 3.25 million from USD 4.09 million at September 30, 2025.
- Long-term investments increased to USD 8.15 million, reflecting the January 2026 closing of a 30% stake purchase in Elefun.
