Verde Resources, Inc.

Verde Resources, Inc. reported a net loss of $934K for Q2 2026, with minimal revenue of $5K. The company's operations generated a significant operating loss of $1.2M, primarily driven by selling, general and administrative expenses of $1.1M. A substantial unrealized foreign exchange gain of $234K and other income totaling $246K partially offset the operating loss. The company's balance sheet remains strong with total assets of $39.3M, including $33.7M in intangible assets and $3.5M in current assets. Cash flow from operations was negative $1.7M, but financing activities provided $2.4M from common stock issuance, resulting in a net cash increase of $1.0M. The company ended the period with $279K in cash and cash equivalents.

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