VSBLTY Groupe Technologies (VSBY) Q2 2026 earnings summary

Executive summary

• Revenue for the six months ended June 30, 2026, was $189,386, a significant decrease from $1,385,380 in the same period last year.

• Net loss for the six-month period was $3,115,333, an improvement from a net loss of $3,774,172 year-over-year.

• Operating expenses declined across all categories due to ongoing cost reduction initiatives.

Financial highlights

• Cash used in operating activities was $513,136, down from $1,493,826 in the prior year period.

• 113,350,343 common shares were outstanding as of June 30, 2026.

Capital allocation and financing

• Completed private placements and debt restructuring, including conversion of $254,916 in convertible debentures into equity units.