Trident Reports First Half 2026 Unaudited Financial Results
Trident reported first half 2026 revenue of US$384,741, up more than tenfold from US$36,612 a year earlier, with gross margin expanding to roughly 93%. The growth is off a nearly negligible base: net loss widened to US$12.7M from US$11.3M and adjusted EBITDA loss was essentially flat at US$4.5M, meaning spending continues to far outpace revenue.
Key figures
- Eps
- 0
- Revenue
- 384741
- Revenue Yoy
- more than tenfold increase vs US$36,612
- Net loss
- 12727298
- Gross margin
- approximately 93% vs approximately 48% prior year
- Gross profit
- 356879
- Equity raise total
- $23.0 million
- Prior year net loss
- 11271548
- Adjusted ebitda loss
- 4545711
- Debt to equity conversion
- 8000000
- Prior year adjusted ebitda loss
- 4379209
AI analysis
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