VASO Corp Q2 2026: Net Income $544K, NetWolves Sale Finalized
VASO has more than doubled off its 52-week low of $0.105.
Summary
VASO Corp reported Q2 2026 net income of $544K, reversing a year-ago loss, and finalized the $14.5M sale of NetWolves. Cash remains strong at $38.3M.
Key Events · Earnings and Guidance · VASO
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Q2 Net Income Reverses Loss
Net income of $544K for Q2 2026 versus a $197K loss in Q2 2025, driven by a 20% increase in professional sales service commissions to $10.5M.
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NetWolves Sale Finalized
The $14.5M cash sale of NetWolves closed July 31, 2026, and is reported as a discontinued operation. The company has now exited the IT segment entirely.
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Strong Cash Position
Cash and cash equivalents of $38.3M at June 30, 2026, up from $34.1M at year-end 2025. Management expects sufficient cash flow for the next twelve months.
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Transaction Award for NetWolves CEO
Exhibit 10.1 and 10.2 reveal a $175K transaction award for Peter Castle, NetWolves' CEO, contingent on the deal closing by July 31, 2026.
Analysis · VASO · Industrial Applications And Services
VASO Corp's Q2 2026 10-Q confirms the earnings press release from earlier today: net income of $544K versus a $197K loss a year ago, driven by a 20% jump in professional sales service commissions. The filing also formalizes the NetWolves divestiture as a discontinued operation with a $14.5M cash purchase price, which closed July 31, 2026. The company's cash position remains strong at $38.3M, and management expects sufficient cash flow for the next twelve months. The new exhibits reveal a $175K transaction award for NetWolves' CEO, Peter Castle, contingent on the deal closing.
At the time of this filing, VASO was trading at $0.27 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $47.2M. The 52-week trading range was $0.11 to $0.28. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.