Revenue: As of FY2026 Q1, the actual value is USD 32.61 M.EBIT: As of FY2026 Q1, the actual value is USD 27.83 M.<h4>Operational Metrics</h4><ul><li>Total Income (Loss): The Teucrium Wheat Fund reported a total income of $26,002,751 for the three months ended March 31, 2026, a significant increase from a total loss of - $2,421,641 in the prior-year period. </li><li>Net Income (Loss): Net income for the three months ended March 31, 2026, was $24,810,120, a substantial improvement from a net loss of - $3,440,386 for the three months ended March 31, 2025. </li><li>Realized Gain (Loss) on Commodity Futures Contracts: The fund had a realized gain of $4,259,468 in 2026, compared to a realized loss of - $3,460,250 in 2025. </li><li>Net Change in Unrealized Appreciation (Depreciation) on Commodity Futures Contracts: There was a net change in unrealized appreciation of $20,409,292 in 2026, versus a net change in unrealized depreciation of - $255,814 in 2025. </li><li>Interest Income: Interest income slightly increased to $1,333,991 in 2026 from $1,294,423 in 2025. </li><li>Total Expenses: Total expenses rose to $1,192,631 in 2026 from $1,018,745 in 2025. <ul><li>Management fees: $371,199 in 2026 vs. $300,624 in 2025. </li><li>Professional fees: $244,568 in 2026 vs. $136,099 in 2025. </li><li>Distribution and marketing fees: $461,792 in 2026 vs. $436,779 in 2025. </li><li>Custodian fees and expenses: $59,392 in 2026 vs. $52,311 in 2025. </li><li>Business permits and licenses fees: $18,560 in 2026 vs. $41,826 in 2025. </li><li>General and administrative expenses: $37,120 in 2026 vs. $48,100 in 2025. </li><li>Other expenses: $0 in 2026 vs. $3,006 in 2025. </li></ul></li></ul><h4>Cash Flow</h4><ul><li>Net Cash Provided by (Used in) Operating Activities: The Teucrium Wheat Fund generated $14,317,080 from operating activities for the three months ended March 31, 2026, an improvement from - $3,834,443 used in operating activities in the prior-year period. </li><li>Net Cash Provided by (Used in) Financing Activities: Financing activities provided $132,864,273 in 2026, compared to - $3,632,688 used in 2025. </li><li>Cash and Cash Equivalents, End of Period: Cash and cash equivalents increased to $254,273,613 as of March 31, 2026, from $106,828,837 as of March 31, 2025. </li></ul><h4>Unique Metrics</h4><ul><li>Shares Outstanding: Shares outstanding increased to 12,929,970 as of March 31, 2026, from 5,654,970 as of December 31, 2025. </li><li>Net Asset Value per Share: The Net Asset Value per share rose to $23.48 as of March 31, 2026, from $19.99 as of December 31, 2025. </li><li>Equity in Trading Accounts (Commodity Futures Contracts): This asset increased to $13,094,464 as of March 31, 2026, from $0 as of December 31, 2025. </li></ul><h4>Outlook and Guidance</h4>No specific forward-looking statements or explicit guidance were found for the Teucrium Wheat Fund within the provided financial statements and notes. The financial information primarily focuses on historical performance and current financial position.

Teucrium Wheat | 10-Q: FY2026 Q1 Revenue: USD 32.61 M