NUGL Posts 13.4% Q1 Revenue Growth, Positive Operating Income, Expands Jamaica Delivery
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NUGL, Inc. reported strong first-quarter 2026 financial results, with revenue increasing 13.4% year-over-year to US$851,939 and gross profit rising 9.1%. The company achieved positive operating income of US$23,136 and saw its cash position grow to US$136,522. These results demonstrate continued operational improvement and financial discipline for the micro-cap company. Additionally, NUGL is advancing its cannabis delivery infrastructure in Jamaica, capitalizing on recent regulatory amendments, which management views as a significant long-term growth opportunity. Traders will monitor the impact of this delivery expansion on future revenue and the progress of the NUGL.AI Business Hub.
At the time of this announcement, NUGL was trading at $0.00 on OTC in the Trade & Services sector, with a market capitalization of approximately $2M. The 52-week trading range was $0.00 to $0.01. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: GlobeNewswire.