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PMGC net loss widens to $4.99 million in Q1 FY26; revenue totals $681,994

PUBT·05/15/2026 10:11:13
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PMGC net loss widens to $4.99 million in Q1 FY26; revenue totals $681,994
  • PMGC Holdings posted a net loss from continuing operations of USD 4.99 million, widening from USD 1.58 million a year earlier.
  • Revenue was USD 681,994 versus no revenue in prior-year period, with gross profit of USD 230,474 and gross margin of 33.79%.
  • Total operating expenses climbed to USD 3.56 million from USD 1.2 million, led by office and administration expense of USD 1.38 million and consulting fees of USD 1.21 million.
  • Other expense widened to USD 1.65 million from USD 379,087, due to finance costs tied to an ELOC arrangement, fair value losses on derivative liabilities, and higher interest expense on pre-paid purchase transactions.
  • Company ended March 31, 2026 with cash of USD 14.35 million, up from USD 5.4 million at Dec. 31, 2025, as financing cash inflows rose to USD 14.41 million on proceeds from pre-paid purchases under its ELOC.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PMGC Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-056927), on May 15, 2026, and is solely responsible for the information contained therein.

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