Quanome Technologies, Inc.: Annual report
Quanome Technologies grew pharmaceutical revenue in fiscal 2026 but posted a wider net loss due to surging operating costs, a supplier write-off, and loan credit loss provisions.
Mixed for the companyWhat the numbers say
Revenue fell 67% to $5.9M versus the prior year; operating margin narrowed from -8.4% to -174.2%; diluted EPS -$0.36 versus -$0.69; operating cash flow -$3.2M (a year earlier -$2.7M); free cash flow -$3.2M (a year earlier -$2.7M); cash fell by $4.1M to $670.3K; diluted share count up 240% (dilution).
What happened
- Revenue from continuing pharmaceutical distribution rose 111.8% to $5,850,681, driven by higher infusion product sales and a full year of operations.
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