TechCreate Group (TCGLF) reported a net loss of S$2.2 million for the first half of fiscal 2026, widening from a year earlier. For the six months ended June 30, 2026, revenue fell to approximately S$880,000 from S$1.9 million, while gross profit margin declined to 34.2% from 54.0%. Operating expenses rose to S$2.6 million from S$1.0 million. The prior-year net loss was approximately S$20,000.
Cost of revenue decreased to approximately S$579,000 from S$890,000. Cash and cash equivalents were approximately S$6.5 million at June 30, versus S$7.4 million at December 31, 2025. Completed projects and expired license contracts contributed to lower revenue. TechCreate said trading suspension and ongoing NYSE American delisting proceedings affected its planned U.S. expansion and related revenue opportunities. The Committee for Review will consider its appeal on October 22, 2026.
TechCreate Group (TCGLF) has issued a shareholder letter explaining the status and timeline of NYSE American delisting proceedings following a trading halt and one-day SEC suspension in February 2026.
The company has appealed the NYSE American Listing Qualifications Panel’s decision to commence delisting and has requested a further review by the NYSE American Committee for Review. Management states that the decision to delist lies within the exchange’s discretion and there is no assurance the Panel’s decision will be reversed. In the meantime, TechCreate’s shares are quoted for trading on the OTC market under the symbol TCGLF, and the company reports that its operations, customer commitments and financial position have not been affected by the proceedings.
TechCreate Group (OTCMKTS: TCGLF) plans to request that the NYSE Committee for Review examine an August 20, 2026 decision by an NYSE American Listing Qualifications Panel affirming the commencement of delisting proceedings for the company’s Class A ordinary shares.
TechCreate intends to file its written review request by September 4, 2026 and continue pursuing its appeal. Trading of the company’s Class A ordinary shares remains suspended on NYSE American, but the shares are quoted over the counter under the symbol TCGLF. According to TechCreate, the delisting proceedings do not affect its operations, customer relationships, or financial position, and the company continues to conduct business in the ordinary course. TechCreate cautions there is no assurance the Committee will reverse the Panel’s decision.