Earnings ·
BGM Group reports $24.3M revenue for six months ended March 31, 2026, with net loss of $(2.1M)
BGMBGM Group Ltd.
BGM Group Ltd filed its unaudited financial results for the six months ended March 31, 2026. The company reported net revenue of $24,295,443, a significant increase from $14,311,414 in the prior year period. However, the company posted a net loss attributable to BGM Group Ltd of $(2,104,348), compared to a net loss of $(861,220) in the same period last year. Gross profit rose to $4,307,554 from $2,511,433, while selling, general and administrative expenses increased to $5,185,455. Total assets stood at $436,546,938 as of March 31, 2026. The company operates in the biopharmaceuticals, traditional Chinese medicine derivatives, and AI technology sectors.