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Kadestone reports Q1 2026 net loss of $1.45M amid rising expenses and operational costs.

Company Fundamentals
28 May 2026
Newsfile Corp
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Bearish
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Kadestone Capital Corp. announced a net loss of $1,448,588 for Q1 2026, up from a $1,152,507 loss in the same period last year. The increased loss was driven by higher operating expenses including salaries, consulting fees, interest, and losses from associates. Despite the loss, net cash used in operating activities decreased significantly due to timing in payments. Kadestone continues to pursue its strategy as a vertically integrated property company with multiple business lines in property development and building materials.

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