Polibeli swings to FY26 H1 net income of US$469,559; revenue falls 34.62% to US$10.8 million

Polibeli reported revenue of US$10.8 million for the six months ended June 30, 2026, down 34.62% year over year. Operating loss narrowed 13.53% to US$3.55 million, while net income was US$469,559, swinging from a net loss. Gain on fair value change of OET derivative liability was US$5.4 million, and financial expenses were a loss of US$1.56 million. Cash and cash equivalents totaled US$1.66 million, while net cash used in operating activities was US$1.55 million. Company broadened its focus beyond global commerce by evaluating enterprise AI cloud computing services and its PoliVara AI MaaS