Mdwerks Q2 FY26 swings to gross profit of $72,416; revenue rises 24.6% to $524,090
Reuters2026/08/19 13:44Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mdwerks posted Q2 revenue of USD 524,090, up 24.6% from a year earlier.
- Gross profit swung to USD 72,416 from a gross loss of USD 281,297 a year earlier.
- Operating expenses fell 44.2% to USD 582,018, driven by lower SG&A and reduced officer-related pay.
- RF Specialties revenue rose 58.2% to USD 270,522 on additional contracted work tied to its Molecular Sawdust Drying system.
- Two Trees revenue inched up 1.6% to USD 253,568, while cost of sales included a USD 99,588 barrel-inventory impairment.
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. Mdwerks 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: 0001493152-26-039150), on August 19, 2026, and is solely responsible for the information contained therein.
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