Greenpro Capital Corp. Reports 29% Revenue Decline and Increased Net Loss in Q2 2026

Greenpro Capital Corp. reported a decline in financial performance for the second quarter of 2026, with total revenues of $302,167, down from $427,092 in the same period of 2025. The decrease of approximately 29% was primarily attributed to a significant drop in service revenue, which fell to $248,609 from $395,257 year-over-year. For the first half of 2026, total revenue was $707,553, compared to $779,847 in the first half of 2025, reflecting a decrease of 9.3%. The company also recorded a net loss of $709,383 for the quarter, an increase from a loss of $574,128 in the prior year, and a net loss of $1,620,959 for the six months ended June 30, 2026, compared to $1,209,704 for the same period in 2025.

In terms of operational metrics, Greenpro's service revenue was impacted by fewer corporate advisory services rendered, particularly in listing and non-listing advisory services. However, the company saw growth in its digital revenue segment, which increased to $37,464 in Q2 2026 from $17,921 in Q2 2025, driven by higher trading volumes. Rental revenue also rose slightly to $16,094 from $13,914 year-over-year. The company’s total operating expenses for the quarter were $1,036,590, slightly higher than $1,028,753 in the previous year, with general and administrative expenses remaining relatively stable.

Strategically, Greenpro made significant investments during the first half of 2026, acquiring a 13.6% stake in Forekast Limited for $17 million and a 0.99% interest in Greenophene Technologies Limited for $1.2 million. These investments were funded through the issuance of common stock, which increased the total number of shares outstanding to 18,127,663 as of June 30, 2026, up from 8,625,813 at the end of 2025. The company also reported a substantial increase in its total assets, which rose to $23,181,579 from $5,091,388 at the end of the previous fiscal year.

Despite the challenges faced, Greenpro remains optimistic about its future. The management indicated that they expect a recovery in service revenue as they explore new markets and enhance their digital platform offerings. However, the company continues to face significant financial challenges, including an accumulated deficit of $41,867,671 as of June 30, 2026, raising concerns about its ability to continue as a going concern without improving profitability and securing additional financial support from shareholders. The company’s cash balance at the end of the reporting period was $634,440, a slight decrease from $636,659 at the end of 2025, indicating tight liquidity conditions.