Polibeli swings to FY26 H1 net income of US$469,559; revenue falls 34.62% to US$10.8 million
Bitget2026/09/21 21:15- Polibeli reported revenue of US$10.8 million for the six months ended June 30, 2026, down 34.62% year over year.
- Operating loss narrowed 13.53% to US$3.55 million, while net income was US$469,559, swinging from a net loss.
- Gain on fair value change of OET derivative liability was US$5.4 million, and financial expenses were a loss of US$1.56 million.
- Cash and cash equivalents totaled US$1.66 million, while net cash used in operating activities was US$1.55 million.
- Company broadened its focus beyond global commerce by evaluating enterprise AI cloud computing services and its PoliVara AI MaaS platform, with no revenue contribution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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