EcoSynthetix Third-Quarter Sales Fall 38% as Net Loss Widens

EcoSynthetix Inc. posted a 38% drop in third-quarter sales to $3.65 million and a wider net loss as adoption of its bio-based materials proceeded more slowly than expected. Net sales totaled $3,645,064 for the quarter ended Sept. 30, 2026, compared with $5,833,596 a year earlier. The figures are in U.S. dollars. EcoSynthetix released the results Nov. 3. The quarterly net loss widened to $258,668 from $91,028. Under International Financial Reporting Standards, the company displayed both basic and diluted loss per share as ($0.00) after rounding. That rounded figure does not change the reported net loss.

Source: TokenPost