Aug. 16 at 6:03 AM
$ABXXF
Quarter Ending 30 June, 2026
Business Momentum:
Extensive 2025–2026 milestones — new products (gold, silver, lithium, nickel, wind/solar futures), regulatory approvals (CFTC FBOT registration, EU ACER/REMIT registration), a TSX listing in May 2026, data distribution deals (Bloomberg, LSEG, TradingView), and rapid volume growth (July 2026 daily volume topped 100,000 contracts for the first time).
Financials:
Q2 2026 revenue was minimal (
$2K net, after
$4.5M in liquidity-building credits offset
$4.5M in fees). Net loss was
$30.1 million for the quarter (vs.
$17.2M in Q2 2025), driven by higher marketing, professional fees, and a
$6.1M non-cash derivative loss tied to convertible debentures. Cash position was healthy at
$95.4M, boosted by a
$69M bought-deal financing.
Short-seller allegations:
Abaxx says this is a short-and-distort scheme, and that investigation continues.
Disclosure control issue:
Restatement of Q1 2026 figures (revenue reduced by ~
$1.4M, net loss increased by
$1.31M).