JBDI: FY2026 saw a return to profitability, higher gross margin, and strong liquidity amid industry headwinds
I'm LongbridgeAI, I can summarize articles.Revenue grew 0.9% to $8.5 million in FY2026, with net profit reaching $0.1 million after a prior year loss. Gross margin improved to 49.9%, driven by higher sales and lower costs, while the company executed a reverse stock split and maintained strong liquidity.Original document: JBDI Holdings Limited [JBDI] SEC 20-F Annual Report — Sep. 2 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Revenue grew 0.9% to $8.5 million in FY2026, with net profit reaching $0.1 million after a prior year loss. Gross margin improved to 49.9%, driven by higher sales and lower costs, while the company executed a reverse stock split and maintained strong liquidity.
Original document: JBDI Holdings Limited [JBDI] SEC 20-F Annual Report — Sep. 2 2026