Earnings ·
Scage Future reports H1 fiscal 2026 revenue up 91.3% to US$13.7 million
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.