GOWell Energy Technology Reports Operating Subsidiary’s First Half 2026 Financial Results and Provides Corporate Update
GOWell reported H1 2026 results for its operating subsidiary GTL, its first report since completing the business combination with Inflection Point Acquisition Corp. V and listing on Nasdaq under ticker GOW on September 28. H1 revenue rose 43% to $33.8 million, operating profit jumped 135% to $9.1 million, and Adjusted EBITDA increased 79% to $14.1 million; net profit rose a more modest 38% to $3.7 million, weighed down by $4.3 million in finance costs including preferred-share interest and a $1.6 million derivative fair-value loss.
Key figures
- Eps
- 0.12
- Revenue
- 33800000
- Guidance
- FY2026 revenue $60M-$68M (reiterated); Adjusted EBITDA $25M-$29M (reiterated)
- Revenue Yoy
- 43%
- Net profit
- 3700000
- Fy2025 revenue
- 47200000
- Net profit yoy
- 38%
- Adjusted ebitda
- 14100000
- Operating profit
- 9100000
- Adjusted ebitda yoy
- 79%
- Operating profit yoy
- 135%
- Fy2025 adjusted ebitda
- 17800000
AI analysis
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