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Nomadar Q1 FY26 net loss widens to $1.59 million; revenue more than doubled to $403,800
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Nomadar Q1 FY26 net loss widens to $1.59 million; revenue more than doubled to $403,800
  • Nomadar posted a net loss of USD 1.59 million for the quarter ended March 31, 2026, widening 445% from a year earlier.
  • Revenue more than doubled to USD 403,800, up 116% year over year.
  • Operating expenses climbed to USD 1.13 million, up 282%, with general and administrative expense rising to USD 503,011 and professional fees increasing to USD 559,300.
  • Other expense expanded to USD 808,189, driven primarily by a non-cash loss of USD 621,207 from changes in fair value of convertible notes payable.
  • Cash totaled USD 1.96 million at March 31, 2026, with a working capital deficit of USD 4.73 million; Sportech has provided the full USD 10 million under a funding agreement for 2025-2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nomadar Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-023746), on May 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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