VNTG half-year net income drops 68% to USD 1.5 million

Reuters
2026.01.20 21:06
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Vantage Corp. reported a 68% drop in net income for the first half of fiscal 2026, totaling USD 1.5 million. Adjusted EBITDA was USD 2.2 million, with cash and cash equivalents at USD 11.7 million as of September 30, 2025. The company experienced an 8.9% increase in term contracts year-over-year, and its forward order book reached USD 1.2 million, primarily driven by net IPO proceeds.