Encision Reports Q2 Revenue of $1.17 Million Amid Year-over-Year Decline
Encision (ECIA) has released its second-quarter financial results, reporting revenue of $1.17 million, which represents a 23.5% decrease compared to the same period last year. The company recorded a net loss of $41,198 for the quarter. The balance sheet shows an increase in cash reserves to $275,434 as of September 30, 2026, up from $245,114 at the end of March. However, while accounts receivable saw a decline, inventory levels rose to over $1.4 million, indicating a buildup of unsold goods.
Tickers: $ECIA
Topics: accounts receivable cash position inventory net loss revenue decline
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