---
title: "iX Biopharma narrows losses in H1 FY 2026 despite 14% fall in revenue"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275366004.md"
description: "iX Biopharma Ltd. reported a narrowed net loss of $2.1 million for H1 FY 2026, down from $6.3 million in H1 FY 2025, despite a 14% revenue decline to $3.2 million. The loss per share improved to $0.0023 from $0.0072. The company's balance sheet strengthened, with total equity rising to $4.1 million from $365,000 as of June 30."
datetime: "2026-02-09T21:39:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275366004.md)
  - [en](https://longbridge.com/en/news/275366004.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275366004.md)
---

# iX Biopharma narrows losses in H1 FY 2026 despite 14% fall in revenue

**Net loss narrowing to $2.1m, compared with a loss of $6.3m in 1H FY 2025.**

iX Biopharma Ltd. reported improved earnings performance for the six months ended December 31, 2025, despite a year-on-year decline in revenue.

For the first half of FY 2026, the Group posted revenue of $3.2m, a 14% decrease from $3.7m recorded in the same period a year earlier.

The decline was offset by a significant reduction in losses, with net loss narrowing to $2.1m, compared with a loss of $6.3m in H1 FY 2025. Loss per share improved to $0.0023, from $0.0072 previously.

The Group’s balance sheet strengthened during the period, with total equity and net asset value rising to $4.1m, up sharply from $365,00p as of 30 June.

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