Earnings ·
MindWalk Holdings Corp. reported fiscal 2026 results with revenue increasing 46% to $15.6 million CAD and gross margin…
HYFTMindWalk Holdings Corp.
MindWalk Holdings Corp. reported fiscal 2026 results with revenue increasing 46% to $15.6 million CAD and gross margin expanding to 59%. The net loss narrowed to $13.9 million CAD, compared to $30.2 million CAD in fiscal 2025, primarily due to the non-recurrence of $22.7 million in non-cash impairment charges. Key business milestones include the divestiture of its Netherlands subsidiary for $14.3 million CAD, the launch of ReefIQ in June 2026, and the signing of its first two recurring enterprise LensAI agreements. The company also regained Nasdaq compliance organically. MindWalk is a Bio-Native AI company that provides BioIntelligence infrastructure for AI drug discovery.