TenX Protocols FY27 Q1 net loss widens to C$2.81 million; staking revenue rises to C$115,323
Reuters2026/08/31 20:36- TenX Protocols posted a net loss of C$2.81 million for the three months ended June 30, 2026, widening from C$176,059 a year earlier.
- Staking revenue climbed to C$115,323, more than doubled from C$17,549 in the prior-year quarter.
- Cash slipped 11.95% to C$4.22 million at June 30 from March 31, while total assets fell 19.97% to C$12.36 million.
- Direct digital assets dropped 25.52% to C$6.95 million; the quarter’s loss was driven by a C$1.91 million non-cash revaluation hit.
- Galaxy investments were valued at C$952,015, representing exposure to 10,880 SOL; management highlighted C$4.36 million working capital and no interest-bearing debt.
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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