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Sangrix FY26 net loss widens to USD 14.3 million; operating loss more than quadruples to USD 14.3 million
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Sangrix FY26 net loss widens to USD 14.3 million; operating loss more than quadruples to USD 14.3 million
  • Sangrix posted a net loss of $14.3 million for fiscal 2026, widening 227.1% from the prior year.
  • Operating loss widened to $14.3 million, up 377.3%, while general and administrative expense fell 10.7% to $2.8 million.
  • Results included a $10.9 million loss from changes in the fair value of crypto assets and a $0.6 million provision for credit losses.
  • Net cash used in operating activities increased to $2.9 million from $2.3 million, while cash provided by financing activities rose to $4.6 million.
  • Business pivot accelerated with a June 28 agreement to buy about $11 million of NVIDIA Blackwell B300 AI servers, targeting Malaysia deployment in Q3 2026.


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. Sangrix Inc. 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: 0001104659-26-108989), on September 18, 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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