--- title: "LKFT: Returned to profitability in H1 2026 with €16.6M net profit and robust €2.24B cash position" type: "News" locale: "en" url: "https://longbridge.com/en/news/295487540.md" description: "Net profit reached €16.6M in H1 2026, reversing a prior loss, as operating loss and expenses declined sharply. Cash and investments remain strong at €2.24B, with at least €1.6B forecasted for future strategic moves after portfolio funding.Original document: Lakefront Biotherapeutics [LKFT] Earnings Release — Aug. 11 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source." datetime: "2026-08-11T05:16:40.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295487540.md) - [en](https://longbridge.com/en/news/295487540.md) - [zh-HK](https://longbridge.com/zh-HK/news/295487540.md) generator: "portal-rs" --- # LKFT: Returned to profitability in H1 2026 with €16.6M net profit and robust €2.24B cash position Net profit reached €16.6M in H1 2026, reversing a prior loss, as operating loss and expenses declined sharply. Cash and investments remain strong at €2.24B, with at least €1.6B forecasted for future strategic moves after portfolio funding. Original document: Lakefront Biotherapeutics \[LKFT\] Earnings Release — Aug. 11 2026 **Disclaimer** This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source. ### Related Stocks - [LKFT.US](https://longbridge.com/en/quote/LKFT.US.md) ## Related News & Research - [Global PR Agency, Genius PR, Rebrands to Reflect Growth Across Crypto, AI, and O-1 and EB-1 Visa PR](https://longbridge.com/en/news/297960123.md) - [Essex Property Trust declares Q3 2026 dividend of R$ 0.89 per unit](https://longbridge.com/en/news/298322539.md) - [Tecnotree issues 15,580 shares after EUR 100,000 debenture conversion](https://longbridge.com/en/news/298018525.md) - [Publication of H1 2026 Report](https://longbridge.com/en/news/298231069.md) - [SOM: Revenue up 22%, EBITDA up 59%, guidance raised, and share buybacks expanded](https://longbridge.com/en/news/298269060.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**