AIB Data Centers Q2 FY26 net loss widens to USD 3.5 million; revenue drops 39% to USD 2.9 million

Reuters2026/08/13 20:39

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AIB Data Centers posted Q2 revenue of USD 2.9 million, down 39% year over year, as the site was de-energized June 5.
Operating loss widened to USD 3.6 million from USD 0.5 million a year earlier on higher SGA tied to advisory shares and public-company costs.
Net loss widened to USD 3.5 million from USD 0.5 million, while gross margin swung to -18% from 12% on higher energy costs.
Cash and cash equivalents rose to USD 52.8 million at June 30 after a June equity offering raised USD 63.25 million in gross proceeds.
Management said it is negotiating a long-term lease for the full ~65 MW CLT-01 campus, with no definitive agreement executed as of Aug. 13.

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. AIB Data Centers Inc. 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: 0001213900-26-089151), on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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AIB Data Centers Q2 FY26 net loss widens to USD 3.5 million; revenue drops 39% to USD 2.9 million

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