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Minerva Gold (MINR) Q1 FY27 earnings results (first quarter fiscal 2027)

10-Q filed Sep 14, 2026

Minerva Gold (MINR) reported revenue of $9K for the first quarter fiscal 2027 (Q1 FY27), -25% from a year earlier and -5% from the quarter before. Operating margin was -24.7%, net loss $2K (24.7% of revenue).

Revenue$9K
Year over year-25%
Quarter over quarter-5%
Operating margin-24.7%
Net earnings−$2K

Minerva Gold, Q1 FY27: revenue $9K (-25% year over year), operating margin -24.7%, net loss $2K, operating cash flow −$6K. The chart follows the revenue to costs, profit and cash.

Q1 FY27AmountQ/QY/Y
Revenue$9K-5%-25%
Operating profit−$2K-149%—
Net earnings−$2K-149%—
Operating cash flow−$6K-197%—

What changed

Revenue was $9K in Q1 FY27, down 25% year over year and down 5% from the previous quarter.

Operating costs exceeded revenue by $2K, an operating margin of -24.7%. Total costs fell 21% while revenue fell 25%. The quarter ended with a net loss of $2K, after a profit of $5K the previous quarter.

Operating cash flow was −$6K. Non-cash charges added back $0K of depreciation. Working capital and other items used $4K.

Questions

What was Minerva Gold's revenue in the first quarter fiscal 2027?

Minerva Gold (MINR) reported revenue of $9K for the first quarter fiscal 2027 (Q1 FY27), -25% from a year earlier and -5% from the quarter before.

Was Minerva Gold profitable in the first quarter fiscal 2027?

Operating loss was $2K (-24.7% of revenue) and net loss $2K.

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Source: Minerva Gold 10-Q on SEC EDGAR.