Kadestone net loss widens to CAD 3.1 million in Q2 FY26 earnings release

Reuters2026/08/10 12:56

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Kadestone posted a net loss of CAD 3.1 million, or CAD 0.07 a share, for the six months ended June 30, 2026.
Net cash used in operating activities narrowed to CAD 1.97 million from CAD 2.73 million a year earlier.
The loss reflected operating expenses including CAD 1.1 million of salaries and wages, CAD 616,596 of interest expense, and CAD 385,325 of losses from associates.
Kadestone entered a Letter of Agreement on Aug. 6 to negotiate a proposed master-planned community partnership with a B.C. First Nation.
It agreed to advance refundable predevelopment, land carrying and project costs during planning, with no partnership formed or ownership interest acquired yet.

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. Kadestone Capital Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608100856NEWSFILECNPR____20260810_308862_1) on August 10, 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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Kadestone net loss widens to CAD 3.1 million in Q2 FY26 earnings release

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