Earnings ·
MindWalk Holdings Corp. reported fiscal first quarter 2027 results ending July 31, 2026, showing revenue growth of…
HYFTMindWalk Holdings Corp.
MindWalk Holdings Corp. reported fiscal first quarter 2027 results ending July 31, 2026, showing revenue growth of 21.3% to $3.8 million and gross margin expansion to 58.6%. The company commercially launched its ReefIQ™ data platform in June, shifting focus toward recurring enterprise revenue. Net loss from continuing operations widened to $6.1 million ($0.13 per share) due to increased sales and marketing investments for the ReefIQ rollout. Subsequent to quarter-end, MindWalk secured a binding commitment for a US$30 million senior unsecured revolving credit facility at 7.00% interest, featuring no covenants or dilution. MindWalk Holdings Corp. operates in the biotechnology and artificial intelligence industry, providing bio-native AI infrastructure and data platforms for drug discovery.