Earnings ·
Webuy Global reports H1 2026 revenues of $14.3 million, a 94.4% increase from prior year
WBUYWebuy Global Ltd
Webuy Global Ltd reported H1 2026 revenues of $14.3 million, a 94.4% increase from $7.4 million in the prior year period, driven by packaged-tour sales in Singapore ($10.8 million) and Indonesia ($3.5 million). Gross profit more than doubled to $1.83 million with margins expanding to 12.77%. The company completed its strategic exit from grocery operations, reclassifying the former Singapore grocery business as discontinued operations. Net loss narrowed by 56.8% to $3.32 million, aided by a significant reduction in finance costs following debt repayment and lower general administrative expenses. On July 23, 2026, Webuy utilized its equity line of credit with Dogwood Partners, selling 50,000 shares for $37,054. The company operates as an Asia-focused travel services provider offering packaged tours, customized private tours, and MICE services through brands including WeTrip, Webuy Travel, and Altitude.