financial_performance

BRP Revenue Jumps 18.5% as Tariffs Drive Net Loss, Raises FY27 Guidance

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BRP Revenue Jumps 18.5% as Tariffs Drive Net Loss, Raises FY27 Guidance

Valcourt, QC – September 08, 2026 -- BRP Inc. (TSX: DOO; NASDAQ: DOO) reported second-quarter revenue of $2,236.8 million, up 18.5% from $1,888.2 million a year earlier, even as the company swung to a net loss of $136.8 million after tariff costs and a supplier restructuring charge hit margins.

BRP raises full-year EPS guidance to $4.00-$4.50 despite margin pressure

The company increased its Fiscal 2027 outlook, now projecting Normalized diluted earnings per share of $4.00 to $4.50, citing strong ORV performance, additional market share gains and reduced net tariff costs. North American Powersports retail sales rose 1% year-over-year, driven by positive SSV industry trends and ORV share gains, partially offset by weaker Seasonal Products sales.

German Banks' Bad Loans Jump 87% Even as Capital Hits Record High

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German Banks' Bad Loans Jump 87% Even as Capital Hits Record High

Frankfurt am Main – September 07, 2026 -- Germany is the only major European banking market where non-performing loans (NPLs) are rising again, with the stock of bad debt at German banks climbing 87% between 2019 and 2025, according to a new BearingPoint study covering 216 European banks over a 13-year period.

The increase runs counter to the broader European trend: most markets across the continent continued to reduce problem loans over the same period, even as the sector-wide average NPL ratio fell to 1.9%.

Robo.ai Posts $180M Revenue as QC Capital Deal Fuels Growth

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Robo.ai Posts $180M Revenue as QC Capital Deal Fuels Growth

Dubai – September 07, 2026 -- Nasdaq-listed Robo.ai Inc. (AIIO) reported total revenue exceeding US$180 million for the three-month period from June through August 2026, with the bulk of the figure driven by its newly acquired subsidiary, Quantum Core Capital Limited (QC Capital).

QC Capital drives Robo.ai's revenue surge post-acquisition

Robo.ai completed its acquisition of QC Capital on June 15, 2026, and the deep-tech venture-building platform has since become the primary contributor to the Dubai-based group's top line. The Company said operations have remained steady since integration began, with the new business unit delivering meaningful revenue growth to the overall group.

Fly-E Group Q1 Loss Widens to $3.9M as Revenue Halves, Cash Falls to $60K

New York – – September 07, 2026 -- Fly-E Group, Inc. (Nasdaq: FLYE) reported a net loss of $3.9 million for its fiscal first quarter ended June 30, 2026, nearly double the $2.0 million loss a year earlier, as net revenues fell 48.4% to $2.7 million from $5.3 million. The electric motorcycle, bike and scooter designer said cash on hand dropped to $60,000 as of June 30, 2026, from $0.3 million at the end of March 2026.

Hydreight Posts Record $28M Q2 Revenue, Up 421% Year-Over-Year

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Hydreight Posts Record $28M Q2 Revenue, Up 421% Year-Over-Year

Vancouver – September 04, 2026 -- Hydreight Technologies Inc. (TSXV: NURS) (OTCQB: HYDTF) reported second-quarter 2026 revenue of $28.0 million, a 421% increase from $5.4 million a year earlier, as its VSDHOne virtual healthcare platform drove the company's strongest quarter on record.

Net income jumps to $2.5 million as pharmacy sales scale

Gross profit rose 182% to $5.4 million, while net income reached $2.5 million versus just $0.05 million in Q2 2025. Adjusted EBITDA climbed to $3.2 million from $0.2 million a year prior. Revenue grew approximately 12.5% and gross profit approximately 7% quarter-over-quarter versus Q1 2026, with net income and Adjusted EBITDA holding steady sequentially.

Greenway Posts 38% Revenue Growth, Record Grams Sold in Q1 F2027

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Greenway Posts 38% Revenue Growth, Record Grams Sold in Q1 F2027

Kingsville, ON – September 04, 2026 -- Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF) reported net revenue of CA$2.23 million for the three months ended June 30, 2026, up 38% from CA$1.62 million a year earlier, while grams sold hit a record 2.33 million, an 8% increase over the prior high.

Cash cost per gram falls 30% to CA$0.69 as production efficiency improves

The company generated CA$36,778 in cash from operating activities, reversing a cash outflow of CA$865,538 in the same quarter last year. Adjusted EBITDA came in positive at CA$47,900, even as net loss and comprehensive loss totaled CA$659,893. Gross margin before fair value adjustments narrowed to 12%, reflecting a lower average net sales price of CA$0.96 per gram, or CA$1.30 per gram excluding inventory tied to discontinued cultivars.

So-Young Revenue Hits RMB505.2M as Aesthetic Treatment Sales Jump 130%

BEIJING -- September 01, 2026 -- So-Young International Inc. (Nasdaq: SY) reported total revenue of RMB505.2 million ($74.5 million) for the second quarter ended June 30, 2026, up 33.4% from RMB378.7 million a year earlier. The Beijing-based aesthetic treatment platform said revenue from its branded aesthetic centers jumped 129.5% to RMB331.4 million, exceeding the high end of its own guidance. Net loss attributable to the company narrowed to RMB22.7 million from RMB36.0 million in the second quarter of 2025.