RESAAS swings to Q2 FY26 profit of CAD 47,164; revenue more than doubled 207% year-over-year to CAD 474,493
Reuters2026/08/31 12:33By:Reuters
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- RESAAS posted Q2 revenue of CAD 474,493, rising 207% year over year.
- Net income was CAD 47,164, swinging to profit from a loss a year earlier.
- Cash and cash equivalents climbed to CAD 1.07 million at June 30, 2026.
- Working capital improved to CAD 825,912, up CAD 1.74 million quarter over quarter.
- Growth reflected higher recurring enterprise subscriptions, data exchange revenue, transaction fees; CEO Tom Rossiter flagged first transaction-fee revenue.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RESAAS Services Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608310830NEWSFILECNPR____20260831_312114_1) on August 31, 2026, and is solely responsible for the information contained therein.
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