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Minerva Gold (MINR) Q1 FY26 earnings results (first quarter fiscal 2026)

10-Q filed Jul 14, 2025

Minerva Gold (MINR) reported revenue of $12K for the first quarter fiscal 2026 (Q1 FY26) and -54% from the quarter before. Operating margin was -19.0%, net loss $2K (19.0% of revenue).

Revenue$12K
Year over year—
Quarter over quarter-54%
Operating margin-19.0%
Net earnings−$2K

Minerva Gold, Q1 FY26: revenue $12K, operating margin -19.0%, net loss $2K, operating cash flow −$8K. The chart follows the revenue to costs, profit and cash.

Q1 FY26AmountQ/QY/Y
Revenue$12K-54%—
Operating profit−$2K-114%—
Net earnings−$2K-114%—
Operating cash flow−$8K-144%—

What changed

Revenue was $12K in Q1 FY26, down 54% from the previous quarter.

Operating costs exceeded revenue by $2K, an operating margin of -19.0%. The quarter ended with a net loss of $2K, after a profit of $16K the previous quarter.

Operating cash flow was −$8K. Non-cash charges added back $0K of depreciation. Working capital and other items used $6K.

Questions

What was Minerva Gold's revenue in the first quarter fiscal 2026?

Minerva Gold (MINR) reported revenue of $12K for the first quarter fiscal 2026 (Q1 FY26) and -54% from the quarter before.

Was Minerva Gold profitable in the first quarter fiscal 2026?

Operating loss was $2K (-19.0% of revenue) and net loss $2K.

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Source: Minerva Gold 10-Q on SEC EDGAR.