Earnings ·
Scage Future reported unaudited financial results for the first half of fiscal year 2026, ending December 31, 2025
SCAGScage Future
Scage Future reported unaudited financial results for the first half of fiscal year 2026, ending December 31, 2025. Revenue increased 91.3% to US$13.7 million from US$7.1 million in the prior year period, driven by higher sales of NEV batteries and vehicles. The company achieved a gross profit of US$0.2 million (1.4% margin) compared to a gross loss of US$0.7 million in the prior year. Net loss decreased to US$3.7 million, with a basic and diluted loss per share of US$0.05. The company operates in the new energy vehicle (NEV) industry, specializing in the sale of NEV batteries, vehicles, and components.