on Paymi (CVE:EQ)
EQ Inc. Reports 31% Revenue Growth in Q1 2026
EQ Inc., a leader in AI and data-driven solutions, announced its financial results for Q1 2026, revealing a 31% year-over-year revenue increase to $1.9 million. This growth is attributed to rising client demand for its AI media solutions and contributions from its ClearLake platform and Integrated Rewards division.
The gross margin improved to 42%, reflecting a focus on higher-margin revenue streams. Despite an adjusted EBITDA loss of $0.4 million, this marks a 29% improvement from the previous year, showing progress toward profitability.
Operational highlights include $882,000 generated from operating activities and improved DSO of 86 days. CEO Geoffrey Rotstein expressed confidence in the company's continued strategic momentum into Q2 2026.
Additionally, EQ Inc. completed a private placement on May 1, 2026, raising $1,130,000. All resolutions at the May 21 Annual Meeting were passed, reaffirming shareholder support.
R. E.
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