# Advantex Reports Higher Revenue and a Wider Annual Loss

The Canadian merchant-financing company disclosed rising credit costs and going-concern uncertainty in its fiscal 2026 results.

By Will Langan | 24X7 News
Published: 2026-10-29T02:04:39.764Z
Updated: 2026-10-29T02:04:39.764Z
Section: Business
Format: News
Canonical: https://24x7news.us/articles/advantex-fiscal-2026-results-october-28-2026

Advantex Marketing International reported on October 28 that annual revenue increased while its net loss widened, as credit-related costs weighed on its merchant-financing business.

In results released at 8:48 p.m. Eastern, the Canadian company said revenue for the fiscal year ended June 30, 2026, rose 35.8% to C$5.75 million. Its net loss increased to C$2.94 million from C$2.63 million a year earlier. All figures are in Canadian dollars.

Gross profit increased to C$3.46 million from C$3.02 million, but margins fell in both its Merchant Cash Advance and Aeroplan marketing programs. Delinquent-account provisions and credit and collection expenses in the cash-advance business rose to C$890,251 from C$149,748.

The company reported a working-capital deficiency of approximately C$3.76 million and a shareholders’ deficiency of approximately C$15.14 million at June 30. It said its audited financial statements disclose material uncertainties that may cast significant doubt on its ability to continue as a going concern.

Advantex identified merchant repayments, funding availability and operating cash needs among its continuing challenges.

Sources
Advantex Marketing International — Fiscal 2026 Results (October 28, 2026): https://www.newswire.ca/news-releases/advantex-announces-fiscal-2026-financial-results-856952996.html

## Sources
- Advantex Marketing International — Fiscal 2026 Results, October 28, 2026: https://www.newswire.ca/news-releases/advantex-announces-fiscal-2026-financial-results-856952996.html