Roma Green Finance (ROMA) Q2 2026 Earnings Report

Roma Green Finance Limited (ROMA) reported a materially lower QQ2 2026 standalone quarter, with revenue of USD 0.48 million and a gross margin of about 6.7%, underscored by a material SG&A burden that produced an operating loss of USD 2.39 million and a net loss of USD 2.25 million. YoY revenue collapsed approximately 80% and QoQ revenue declined around 70%, signaling a meaningful ramp and scale challenge for a niche ESG advisory player operating in Asia. The company funded liquidity in the quarter primarily through equity financing, yielding a net cash inflow from financing activities of USD 6.90 million, while operating and investing activities consumed cash (operating cash flow -USD 1.71 million; free cash flow -USD 1.71 million; investing -USD 5.16 million). As of QQ2 2026, ROMA held USD 2.70 million in cash and equivalents and possessed a net cash position (net debt of -USD 2.70 million), supported by a substantial equity base (total stockholders’ equity USD 10.91 million) but a sustained accumulated deficit (retained earnings -USD 6.81 million). The balance sheet also shows goodwill of USD 1.70 million and total assets of USD 11.11 million. The operating model currently runs well below profitability, suggesting a near-term focus on revenue acceleration, utilization improvements, and cost discipline alongside potential capital-raising needs to sustain growth initiatives. Absent a formal forward guidance, the quarterly results imply ROMA remains in an early-stage growth trajectory with meaningful dependence on external financing until a durable path to profitability is established.