Lakeside Holding Limited

Lakeside Holding Limited reported a net loss of $1.6 million for Q2 2026, with total revenue of $7.0 million and gross profit of $1.9 million. The company experienced an operating loss of $1.5 million, driven by total operating expenses of $3.4 million, which included $2.2 million in general and administrative expenses and $904K in selling expenses. Cash flow from operations was negative $1.9 million, while investing activities used $7.1 million primarily due to a $7.0 million loan to a third party. Financing activities provided $8.1 million in cash, mainly from a $7.1 million private placement and $5.4 million net proceeds from an initial public offering. The balance sheet shows total assets of $24.3 million, with $5.0 million in cash at period end, total liabilities of $12.1 million, and total equity of $12.2 million. The company's comprehensive loss was $1.4 million, and basic and diluted loss per share were both reported as $0.00.

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