Acceleware Q2 FY26 comprehensive loss widens to C$ 805,930; revenue falls to C$ 75,321
Reuters2026/08/28 22:28Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Acceleware posted Q2 revenue of CAD 75,321, down 62.62% from a year earlier.
- Comprehensive loss widened to CAD 805,930 from CAD 714,148 a year earlier.
- R&D expenditures fell 28.65% to CAD 190,213, helped by a CAD 91,000 Alberta Innovation Employment Grant offsetting gross spending.
- Deferred revenue stood at CAD 263,650, reflecting a CAD 65,000 milestone payment on the Phase 3A IMII potash dryer prototype.
- Added 35 net sections of Saskatchewan heavy oil assets; began crude oil sales in June with 16 bopd working-interest production.
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. Acceleware Ltd. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608281827NEWSFILECNPR____20260828_312016_1) on August 28, 2026, and is solely responsible for the information contained therein.
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