Earnings ·
WF Holding reports $83M net loss driven by $82M non-cash fair value loss on warrant liabilities
WFFWF Holding Ltd
WF Holding Limited filed unaudited interim consolidated financial statements for the six months ended June 30, 2026. The company reported a net loss of $83,108,310, driven primarily by an $81,988,910 non-cash fair value loss on warrant liabilities. Revenue declined to $3,055,765 from $3,515,890 in the prior year period. The filing notes a 1-for-5 reverse share split effected on April 13, 2026, which reduced authorized shares and increased par value. Additionally, WF Holding announced an increase in authorized capital to 90 trillion ordinary shares and 10 trillion class A shares effective July 10, 2026. The company manufactures fiberglass reinforced plastic products for industrial applications.