earnings
confidence high
sentiment neutral
materiality 0.55
Bio Green Med Solution Q1 2026 net loss $0.2M, fire safety revenue $0.8M
Bio Green Med Solution, Inc.
- Net loss of $0.2M vs $0.1M in Q1 2025; prior year had $4.1M net income from discontinued ops.
- Fire safety product revenue of $0.8M following Sep 2025 acquisition of Fitters Sdn. Bhd.
- Cash and equivalents $3.3M, down from $3.5M; estimated to fund operations into Q4 2026.
- G&A expenses fell ~$3.8M to $0.4M due to cost normalization after changes of control.
- Trading of 6% Convertible Exchangeable Preferred Stock (BGMSP) suspended and delisted in March; $0.15/share dividend paid May 1, 2026.
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