FUTR Announces Q1 2026 Financial Results

Executive Summary

• FUTR Corp. reported Q1 2025 revenue of C$1.92 million, a 5.9% decline year‑over‑year, and an adjusted operating loss of C$1.3 million versus a C$0.20 million profit in the prior quarter.
• The company raised an additional C$6.0 million through non‑brokered private placements during the quarter (C$11.7 million total since the FUTR Inc. transaction).
• FUTR retained Machai Capital Inc. to provide digital marketing services for a four‑month campaign, payable C$400,000 plus GST, subject to TSXV approval.

Key Details

• Revenue: C$1.92 million (‑5.9% YoY), primarily impacted by a change in accounting treatment for licensing revenue.
• Gross Profit: C$1.70 million; gross margin remained at 89%.
• Adjusted Operating Loss: C$1.3 million, up from an adjusted loss of C$0.20 million in Q1 2025, driven by strategic investment in Brand Solutions and AI‑driven data infrastructure expansion.
• Financing Activity: Raised C$6.0 million via non‑brokered private placements during the quarter; cumulative proceeds since the FUTR Inc. transaction now total C$11.7 million.
• Marketing Agreement: Machai Capital Inc. engaged to deliver SEO, SEM, lead generation, social media, email, and brand marketing services for four months; compensation of C$400,000 plus GST payable upon execution. The agreement is at arm’s length and requires TSXV approval.
• Use of Proceeds (Financing): Not explicitly detailed in the release; assumed to support ongoing operations, strategic investments, and growth initiatives.

Notable Quotes

(No direct quotes were provided in the release.)