on Karbon-X Project Inc. (NASDAQ:KARX)
Karbon-X Corp. Reports Radical Q1 2026 Revenue Growth
Karbon-X Corp. has announced a remarkable Q1 2026 revenue growth, achieving $35.7 million, a 27,883% increase year-over-year. This surge is attributed to the rapid scaling of their carbon trading operations globally.
The company, based in Calgary, reports strategic advancements in capital structure. They raised $3.88 million to boost operational growth and converted $2.28 million in debt into equity, reflecting strong investor confidence.
Their gross profit also improved significantly, rising to $293,869 from $33,331 YoY. Additionally, cash and cash equivalents rose 93% to $1.36 million, indicating a strengthened liquidity position.
Karbon-X's acquisition of a carbon-offset project portfolio and further expansion of their digital trading platform align with global carbon regulation trends, positioning them advantageously for future growth.
R. E.
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