Webuy Global Nearly Doubles H1 Revenue to $14.3M, Gross Profit Jumps 132%
WBUY sits 56% above its 52-week low of $0.623.
Summary
Webuy Global reported H1 2026 revenue of $14.31M, up 94.4% year-over-year, with gross profit up 131.7% to $1.83M and net loss narrowing 56.8% to $3.32M. The company has fully exited grocery operations, with packaged tours now driving all continuing revenue. Gross margin improved to 12.77% from 10.71%. CEO stated the 1H results show evidence strategic transformation is gaining traction. This follows the Nasdaq deficiency notice on September 18 for trading below $1.00, making the improved financials a key rebuttal to delisting concerns. The company also reiterated $4.76M in preliminary bookings from the August NATAS Travel Fair, up 42% from March. The 6-K discloses substantial doubt about the company's ability to continue as a going concern and details a July 23, 2026 sale of 50,000 shares at $0.74108 for $37,054 under its Dogwood Partners equity line.
Updated with an SEC 6-K filing · What changed
Updates
· SEC 6-K — The 6-K discloses substantial doubt about the company's ability to continue as a going concern and details a July 23, 2026 sale of 50,000 shares at $0.74108 for $37,054 under its Dogwood Partners equity line.
At the time of this announcement, WBUY was trading at $0.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $4.6M. The 52-week trading range was $0.62 to $4.96. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.