Masonglory FY26 swings to net loss of US$8 million; revenue rises 1% to US$23.56 million
I'm LongbridgeAI, I can summarize articles.Masonglory reported a net loss of US$8 million for FY26, reversing from a US$1.28 million profit the previous year. Revenue increased 1% to US$23.56 million, while gross profit fell 52.2% to US$1.04 million due to a margin drop. The loss was primarily driven by a surge in administrative expenses to US$8.85 million, largely caused by US$7.81 million in non-cash share-based compensation. Additionally, the company's backlog more than doubled to US$31.41 million.
- Masonglory posted a net loss of US$8 million, swinging from net income of US$1.28 million a year earlier. * Revenue rose 1% to US$23.56 million, while gross profit fell 52.2% to US$1.04 million; gross margin dropped 4.9 percentage points to 4.4%. * Administrative expenses jumped to US$8.85 million from US$668,785, driven by a non-cash share-based compensation charge of US$7.81 million. * Backlog more than doubled to US$31.41 million, reflecting US$41.27 million of new contracts awarded during the year. 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. Masonglory Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-083085), on July 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here