Garden Stage Posts Surging Revenue but Wider Loss in First Half of Fiscal 2026
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Garden Stage Ltd. reported a 382.9% revenue increase to $3.4 million for the first half of fiscal 2026, driven by growth in referral income and brokerage commissions. However, expenses surged 148.2% to $9.9 million, leading to a net loss of $6.5 million, nearly doubling from the previous year. The company is focusing on growth and investment despite short-term losses. Garden Stage operates in Hong Kong and mainland China, with increasing involvement in U.S. markets.
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