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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Keweenaw Land Association
Keweenaw Land Association (KEWL) investor relations material
Keweenaw Land Association has been otc
Keweenaw Land Association H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary14 Aug, 2026
Executive summary
Revenue for the six months ended June 30, 2026, totaled $268,870, primarily from mineral leases, new option agreements, and a recycling partner.
Net loss after tax was $88,195 for the period, reflecting higher costs and lower interest income.
The company executed a new exploration option agreement and a mineral management alliance, expanding its managed acreage and customer base.
Staff remains at two employees, with a focus on minimizing overhead and maintaining operational efficiency.
Financial highlights
Lease income was $262,007, with additional royalty, option, and easement revenues contributing to total revenue.
Cost of sales increased slightly to $63,284, in line with increased mineral activity.
Interest income from treasury investments was $104,638, down from $125,377 year-over-year.
Cash and cash equivalents at period end were $4,112,660, with $3,968,212 in short-term treasury bills.
No mineral rights were acquired in the period; capitalized exploration costs remained at $306,420.
Outlook and guidance
Management expects recurring lease and royalty income to continue, supported by new agreements and expanded mineral alliances.
The company anticipates further income diversification and growth in managed acreage.
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Latest events from Keweenaw Land Association
- Lease and royalty income up 31% year-over-year, but net loss due to lower other income.KEWL
H2 2025 - Net loss reported despite higher lease income, with future revenue tied to Copperwood Project.KEWLH1 2025
- Net income fell as mineral lease revenue and interest income drove results amid major mineral rights acquisition.KEWLH1 2024
Next Keweenaw Land Association earnings date
H2 202630 Mar, 2027
Keweenaw Land Association
Next Keweenaw Land Association earnings date
H2 202630 Mar, 2027
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Frequently asked questions
Keweenaw Land Association is a U.S.-based natural resource company engaged in land and timber asset management. The company owns and manages forestlands in Michigan and Wisconsin, offering sustainable timber harvesting, recreational land leasing, and mineral rights management. It operates with a long-term approach to land stewardship and value realization. The company is headquartered in Ironwood, Michigan, and its shares are listed on the OTC Pink.