Market Newsdesk

• Total transaction value expanded 9% in the first six months of 2026 and held flat YoY in Q2 2026, supported by a 77% YoY increase in Q2 cash rewards, which successfully captured high-intent users
• Revenue remained flat at US$32.3 million in the first six months of 2026, Q2 revenue was US$15.8 million, reflecting our strategic shift to cash rewards
• Impacted by FX volatility, net loss was US$(1.2) million, reflecting a US$(0.1) million FX loss this quarter compared to a US$3.0 million FX gain in the prior year. Excluding unrealized FX impacts, Constant FX EBITDA¹ loss narrowed 64% YoY to US$(0.9) million, while Adjusted EBITDA¹ loss narrowed 17% YoY to US$(1.6) million
• Approval rate improved 9 p.p. YoY to 48% in Q2, driving stronger unit economics with continued expansion in revenue per approved application, reinforcing our strategic pivot toward high-intent traffic and continued funnel optimization
• Q2 Higher-margin Wealth and Insurance products expanded 3 p.p. YoY to 30% of total revenue, with Wealth alone up 22% YoY in the first six months
• Sustained operational cost discipline, with combined cost of revenue, advertising and marketing, technology, employee benefit, and general administrative and other operating expenses decreasing 12% YoY to US$18.2 million, driven by technology stack optimization and AI automation to unlock long-term operational leverage
• Maintained a resilient, debt-free balance sheet with US$28.2 million in cash and cash equivalents

HONG KONG and SINGAPORE, Sept. 11, 2026 (GLOBE NEWSWIRE) — MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading tech- and AI-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, today announced its financial results for the second quarter ended June 30, 2026.

Management Commentary:

Danny Leung, Interim Chief Executive Officer and Chief Financial Officer, stated:

“Our second quarter delivered continued improvement in unit economics, approval quality and cost discipline, as well as our total transaction value in core markets, Hong Kong and Singapore. Net loss was US$(1.2) million, reflecting foreign exchange volatility rather than a change in our operating trajectory, and Adjusted EBITDA loss narrowed 17% year-over-year to US$(1.6) million in the quarter, while Constant FX EBITDA loss, which excludes unrealized foreign exchange impacts, narrowed 64% year-over-year to US$(0.9) million. We ended the period with US$28.2 million in cash and no debt. This progress sits alongside a deliberate decision on how we acquire customers, which also shaped our reported revenue.

Revenue was US$15.8 million in the second quarter, down 13% year-over-year, while for the first six months of 2026 revenue remained essentially flat year-over-year at US$32.3 million. However, this headline figure understates the underlying progress we have made due to a strategic decision to deploy cash rewards in Singapore and Hong Kong where there is a growing consumer preference for flexible cash incentives, allowing us to attract higher-intent customers more cost-effectively. Under IFRS accounting rules, these cash rewards are deducted from revenue rather than recorded as a cost. Adding these rewards back, total transaction value was flat year-over-year in the second quarter at US$20.9 million and grew 9% year-over-year to US$41.5 million in the first six months of 2026. These cash rewards totaled US$5.1 million in the second quarter of 2026, up 77% from US$2.9 million in the prior year period, and US$9.2 million in the first six months of 2026, up 66% year-over-year from US$5.6 million in the prior year period. Within the six-month total, Singapore represented the largest portion of these cash rewards at US$7.3 million, while Hong Kong represented US$1.9 million. Even as reported Q2 revenue moderated by 13% due to our strategic shift toward cash rewards, the total transaction value demonstrates sustained growth in our core markets, expanding in the first half of 2026 by 21% in Hong Kong and 9% in Singapore year-over-year.

Market Deep Dive: Geographic Performance

Geographically, Hong Kong remained our anchor market, holding revenue broadly flat year-over-year in the second quarter at US$7.8 million, representing half of total revenue, and grew 15% year-over-year to US$16.3 million in the first six months of 2026, underscoring the resilience of our leadership position there. This commanding market leadership drove a significant expansion in our bottom line, with Hong Kong segment profit surging to US$0.5 million from US$0.1 million in the prior year period. In Singapore, underlying operating momentum continued to expand. Cash rewards deployment was heavily concentrated in this market, resulting in a 20% decline in Q2 reported revenue to US$6.2 million, but our disciplined focus on higher-margin conversions successfully transformed the market’s unit economics. First-half of 2026 reported revenue moderated by only 8%, and the market achieved a decisive return to profitability, generating US$0.2 million in segment profit to mark a powerful turnaround from a US$(0.5) million loss in the prior year period.

Vertical Deep Dive: Product Mix Performance and Expansion

Our revenue mix continued to shift toward higher-margin products. Combined revenue from our higher-margin Wealth and Insurance verticals was US$4.7 million and accounted for 30% of total revenue, up from 27% in the prior year period. Revenue from Credit Cards declined 18% year-over-year to US$8.9 million. Reported revenue reflected an increased consumer preference shift toward cash rewards described above. Driven primarily by this shift in reward mechanics within Credit Cards alongside disciplined customer acquisition, our total cost of revenue decreased 17% year-over-year to US$7.6 million. The revenue mix-shift across the first six months of 2026 is clearer. Combined Wealth and Insurance revenue grew 11% year-over-year to US$9.3 million and now represents 29% of total revenue, with Wealth alone up 22% year-over-year to US$4.8 million, reinforcing that these higher-margin verticals continue to compound even through a softer quarter.

During the second quarter, we advanced several partner-led initiatives and continued to broaden our product offerings across key markets. In Singapore, we secured exclusive partnerships with two of the country’s largest retail banks, moved to a fixed-fee arrangement with a global banking group, and established an exclusive partnership with a digital brokerage platform. Exclusivity and fixed-fee economics both improve the predictability of our partner revenue and reduce our exposure to auction-based customer acquisition costs. We are also preparing to launch a new Home Loans comparison category through an affiliate partnership with a leading mortgage broker and comparison platform, allowing us to enter this vertical without taking on underwriting risk or balance-sheet exposure. In Taiwan, we launched a KOL pilot with a local bank during the quarter to test a more targeted, partner-led customer-acquisition model. In Hong Kong, we are broadening our online Life Insurance offering to include Critical Illness in the third quarter, as well as short-term savings, tax-deductible medical and personal accident products in the near future. Our substantial existing insurance traffic, particularly from travel insurance, provides a solid foundation for this expansion.

Technology Deep Dive: AI Transformation and Platform Efficiency

We continued to scale our AI transformation initiative this quarter, and the results are increasingly visible in our cost structure. Technology costs fell 50% year-over-year to US$0.5 million, reflecting continued platform consolidation and AI-driven automation of engineering and operational workflows.

Last quarter, we described AI as the engine of our engineering work. Today, we are delivering results. Built by a single engineer working with AI agents in under three months, against a conventional build that we estimate would have required a team of around ten for most of a year, our in-house Voucher Management System launched in Hong Kong, halving delivery times and eliminating third-party handling fees. We treat that comparison as directional rather than precise. We are also rolling out a fully AI-assisted conversational experience blending customer support and product discovery. Simultaneously, we are structuring our data so third-party GenAI platforms and next-generation search engines can cite MoneyHero directly, ensuring the application and ongoing member relationships remain securely with us.

The member experience is also transforming. We launched a rebuilt member dashboard on SingSaver in Singapore, soon expanding to Hong Kong, giving users a single place to track rewards. This ecosystem, including direct insurance renewals, will integrate seamlessly into our mobile apps to drive retention.

Finally, we are rebuilding remaining legacy internal systems. Because savings from each project fund the next, this requires no significant additional capital expenditure.

Financial and Operational Performance

Operationally, our structural efficiency gains continue to build momentum. Combined cost of revenue, advertising and marketing, technology, employee benefit, and general administrative and other operating expenses declined 12% year-over-year to US$18.2 million. Within this, cost of revenue as a percentage of revenue improved 3 percentage points year-over-year to 48%, reflecting increased adoption of cash rewards and higher-converting traffic. Operating discipline was further highlighted by a 50% year-over-year decline in technology costs, and a 12% year-over-year reduction in advertising and marketing expenses to US$4.0 million through more disciplined, data-driven campaign allocation. These savings balanced targeted investments in employee capabilities to support our higher-margin verticals and AI initiatives, with employee benefit expenses up 6% year-over-year to US$3.9 million. Notably, even as application volume moderated 30% year-over-year from our deliberate prioritization of higher-intent users, our approval rate improved 9 percentage points from the prior year period to 48%. As a result, approved applications declined by a much smaller 15%, alongside a strengthened yield in revenue per approved application, clear evidence that we are converting a smaller but higher-quality funnel more efficiently.

Our net loss was US$(1.2) million for the quarter, driven by foreign exchange. Excluding unrealized foreign exchange impacts, our Constant FX EBITDA loss narrowed 64% year-over-year to US$(0.9) million during the quarter and 14% year-over-year to US$(5.0) million for the first six months of 2026. Reflecting US$1.6 million of non-recurring legal and professional fees and other expenses that are added back in Adjusted EBITDA, this progress reinforces that our core operating trajectory continues to move in the right direction even where currency volatility adds noise to the reported bottom line.

Consistent with these operating improvements, our Adjusted EBITDA loss narrowed 17% year-over-year to US$(1.6) million during the quarter and 49% year-over-year to US$(2.7) million for the first six months of 2026, driven by cost of revenue efficiency, disciplined advertising and marketing spend, and continued structural operating leverage.

We ended the quarter with a healthy, debt-free balance sheet, with US$28.2 million in cash and cash equivalents and US$32.6 million in net current assets as at June 30, 2026. Our MoneyHero Group Members base also grew 17% year-over-year to 10.1 million. Together, this allows us to keep funding our organic growth roadmap while maintaining the cost discipline that has driven our Adjusted EBITDA improvement.

Looking ahead through the remainder of 2026, we remain focused on converting the structural efficiency gains we have built into full-year Adjusted EBITDA improvement. Our second-half product and commercial catalysts include the upcoming launch of the Home Loans comparison category in Singapore, the launch of our AI-assisted natural-language search bar, the planned launch of Critical Illness comparison products in Hong Kong during the third quarter, the rollout of the rebuilt member dashboard to Hong Kong, and the extension of our Voucher Management System to additional markets and voucher types.

These initiatives are designed to broaden our product mix, deepen member engagement, strengthen partner monetization and support the rebuilding of volume on a more profitable basis. We will continue to prioritize disciplined execution, talent retention, operational efficiency and the successful implementation of these strategic growth initiatives.”

Second Quarter 2026 Financial Highlights

• Revenue was US$15.8 million, a 13% year-over-year decrease from US$18.0 million in the same period last year. This reflected the cash rewards shift described above, alongside lower volumes in Singapore and the Philippines. This was partially offset by resilient performance in Hong Kong, which remained the largest market at US$7.8 million, contributing 50% of total revenue; for the first six months of 2026, revenue held steady at US$32.3 million, flat year-over-year.
  • Combined revenue from higher-margin Wealth and Insurance products was US$4.7 million, expanding to account for 30% of total revenue compared to 27% in the same period last year.
• Cost of revenue in the second quarter of 2026 decreased by 17% year-over-year to US$7.6 million from US$9.1 million and accounted for 48% of revenue, an improvement of 3 percentage points from 51% during the same period last year, reflecting the increased adoption of cash rewards alongside higher conversion efficiencies.
• Combined cost of revenue, advertising and marketing, technology, employee benefit, and general administrative and other operating expenses decreased 12% year-over-year to US$18.2 million in the second quarter of 2026 from US$20.6 million in the prior year period, primarily driven by reduced advertising and marketing expenses and a 50% decrease in technology costs through technology stack optimization and AI-driven process automation.
• Net loss was US$(1.2) million in the second quarter of 2026, compared to a net profit of US$0.2 million in the prior year period, primarily driven by net foreign exchange differences swinging from a US$3.0 million gain in the prior year period to a US$(0.1) million loss this quarter. Excluding unrealized foreign exchange impacts, Constant FX EBITDA loss narrowed 64% year-over-year from US$(2.6) million to US$(0.9) million in the second quarter and narrowed 14% year-over-year from US$(5.8) million to US$(5.0) million for the first six months of 2026, reflecting US$1.6 million of non-recurring legal and professional fees and other expenses that are added back in Adjusted EBITDA.
• Adjusted EBITDA loss narrowed 17% year-over-year to US$(1.6) million in the second quarter of 2026 from US$(2.0) million in the prior year period, driven by cost of revenue efficiency, disciplined advertising and marketing spend, and continued structural operating leverage; for the first six months of 2026, Adjusted EBITDA loss narrowed 49% year-over-year to US$(2.7) million.

Second Quarter 2026 Operational Highlights

• Cash Rewards provided to platform users reached US$5.1 million in the second quarter of 2026, a 77% increase from US$2.9 million in the prior year period, and US$9.2 million in the first six months of 2026, a 66% increase from US$5.6 million in the prior year period. Within the six-month total, Singapore represented US$7.3 million and Hong Kong represented US$1.9 million.
• Monthly Unique Users averaged 3.7 million for the three months ended June 30, 2026, compared to 5.3 million in the prior year period. This anticipated moderation reflects a deliberate strategic shift—specifically, targeted reductions in low-intent paid acquisition alongside enhanced analytics filtering out automated traffic (effective April 1, 2026, and prior periods have not been recast, as set out in footnote 5). Importantly, this pivot drove strong audience yield expansion, with revenue per average monthly unique user surging 24% YoY.
• MoneyHero Group Members grew by 17% year-over-year to 10.1 million as of June 30, 2026, expanding the scale of our registered user base to support broader market reach.
• MoneyHero’s approval rate improved significantly by 9 p.p. to 48%, with approximately 148,000 approved applications out of 310,000 applications. Concurrently, we drove meaningful growth in revenue per approved application across both the second quarter and the first six months of 2026. This clear unit economic improvement perfectly reflects enhanced customer acquisition quality and our strategic shift toward higher-intent users.

Summary of financial / KPI performance

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2026		2025				2026		2025
	(unaudited)					(unaudited)
(US$ in thousands)
Revenue (financial metric)	15,752		18,022				32,268		32,336
Cash Rewards, paid2(operating metric)	5,112		2,880				9,228		5,575
Constant FX EBITDA	(927	)	(2,570	)			(5,022	)	(5,847	)
Adjusted EBITDA	(1,627	)	(1,951	)			(2,691	)	(5,259	)
(Unit in thousands)
Clicks	1,307		2,022				2,701		4,103
Applications3,4	310		446				639		880
Approved Applications3,4	148		176				305		331

Revenue breakdown

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(US$ in thousands, except for percentages)	2026		2025				2026		2025
	US$	%	US$	%			US$	%	US$	%
	(unaudited)					(unaudited)
By Geographical Market:
Hong Kong	7,834	49.7	7,798	43.3			16,312	50.5	14,195	43.9
Singapore	6,189	39.3	7,773	43.1			11,831	36.7	12,857	39.8
Philippines	969	6.2	1,697	9.4			2,441	7.6	3,476	10.7
Taiwan	760	4.8	754	4.2			1,684	5.2	1,808	5.6
Total Revenue	15,752	100.0	18,022	100.0			32,268	100.0	32,336	100.0
By Source:
Online financial comparison platforms	14,129	89.7	16,067	89.2			29,098	90.2	28,704	88.8
Creatory	1,623	10.3	1,955	10.8			3,170	9.8	3,632	11.2
Total Revenue	15,752	100.0	18,022	100.0			32,268	100.0	32,336	100.0
By Vertical:
Credit cards	8,947	56.8	10,955	60.8			17,939	55.5	19,128	59.2
Personal loans and mortgages	2,039	12.9	2,088	11.6			4,867	15.1	4,583	14.2
Wealth	2,299	14.6	2,292	12.7			4,840	15.0	3,955	12.2
Insurance	2,394	15.2	2,574	14.3			4,507	14.0	4,466	13.8
Other verticals	73	0.5	113	0.6			115	0.4	204	0.6
Total Revenue	15,752	100.0	18,022	100.0			32,268	100.0	32,336	100.0

Key Metrics

	For the Three Months Ended June 30,							For the Six Months Ended June 30,
	2026			2025				2026			2025
	(in thousands, except for percentages)
Cash Rewards
Hong Kong	915	17.9	%	522	18.1	%		1,882	20.4	%	879	15.8	%
Singapore	4,187	81.9	%	2,341	81.3	%		7,328	79.4	%	4,657	83.5	%
Taiwan	–	0.0	%	–	0.0	%		–	0.0	%	–	0.0	%
Philippines	10	0.2	%	17	0.6	%		18	0.2	%	39	0.7	%
Total	5,112	100.0	%	2,880	100.0	%		9,228	100.0	%	5,575	100.0	%

	For the Three Months Ended June 30,							For the Six Months Ended June 30,
	2026			2025				2026			2025
	(in millions, except for percentages)
Monthly Unique Users 5
Hong Kong	1.1	29.2	%	1.2	21.8	%		1.1	29.7	%	1.1	19.4	%
Singapore	0.8	21.2	%	1.1	21.4	%		0.8	20.9	%	1.2	22.1	%
Taiwan	1.0	27.4	%	1.7	32.9	%		1.1	27.7	%	1.7	32.0	%
Philippines	0.8	22.2	%	1.3	23.9	%		0.8	21.7	%	1.5	26.5	%
Total	3.7	100.0	%	5.3	100.0	%		3.8	100.0	%	5.5	100.0	%
Total Traffic 5
Hong Kong	3.6	30.7	%	3.8	22.8	%		7.6	31.4	%	7.1	20.7	%
Singapore	2.3	19.2	%	3.1	18.6	%		4.5	18.6	%	6.2	18.1	%
Taiwan	3.3	27.9	%	5.7	34.1	%		6.9	28.3	%	11.5	33.8	%
Philippines	2.6	22.2	%	4.1	24.5	%		5.2	21.7	%	9.4	27.4	%
Total	11.8	100.0	%	16.7	100.0	%		24.2	100.0	%	34.2	100.0	%

	As of June,
	2026				2025
	(in millions, except for percentages)
MoneyHero Group Members 6
Hong Kong	1.1	10.6		%	0.9		10.6		%
Singapore	1.5	15.3		%	1.3		15.5		%
Taiwan	0.4	4.1		%	0.4		4.4		%
Philippines	7.1	70.0		%	6.0		69.5		%
Total	10.1	100.0		%	8.6		100.0		%

<sub>^{__________________________
1} Adjusted EBITDA and Constant FX EBITDA are non-IFRS financial measures. See “Key Performance Metrics and Non-IFRS Financial Measures” section herein for explanations and reconciliations of non-IFRS measures used throughout this release.
² Cash Rewards is an operating metric representing the total monetary value of cash discounts and rebates provided to platform users.
³ Due to the nature of our business, there is often a delay in receiving confirmation of the number of Applications and Approved Applications by our commercial partners. As a result, the disclosed figures may utilize estimations if data is unavailable.
⁴ Historical MoneyHero Group Members, Applications and Approved Applications as of and for comparative periods prior to September 30, 2025, have been restated to be presented on a comparable basis to our current data governance practices. These revisions had no impact on our consolidated financial statements for any of the periods presented.
⁵
Beginning April 1, 2026, our enhanced analytics filters for Monthly Unique Users and Total Traffic better exclude non-human, automated traffic. Prior periods have not been recast because the historical impact was not assessed to be material; therefore, period-over-period comparisons do not reflect changes in consumer volume and the updated traffic methodology.


⁶ Historical MoneyHero Group Members, Applications and Approved Applications as of and for comparative periods prior to September 30, 2025, have been restated to be presented on a comparable basis to our current data governance practices. These revisions had no impact on our consolidated financial statements for any of the periods presented.</sub>

Conference Call Details

The Company will host a conference call and webcast on Friday, September 11, 2026, at 8:00 a.m. Eastern Time / 8:00 p.m. Hong Kong/Singapore Time to discuss the Company’s financial results. The MoneyHero Limited (NASDAQ: MNY) Q2 2026 Earnings call can be accessed by registering at:

Webcast: https://edge.media-server.com/mmc/p/xwtrskos
Conference call: https://register-conf.media-server.com/register/BI214539fed1c440429ce5c56522b13799

The webcast replay will be available on the Investor Relations website for 12 months following the event.

About MoneyHero Group

MoneyHero Limited (NASDAQ: MNY) is a leading tech- and AI-powered personal finance aggregation and comparison platform that provides consumers with actionable insights to discover, compare, and choose the best financial products with confidence — bringing data intelligence and seamless digital access across insurance and banking solutions. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also holds a preference share investment in Jirnexu Pte. Ltd. MoneyHero had over 280 commercial partner relationships as at June 30, 2026, and had approximately 3.7 million Monthly Unique Users across its platform for the three months ended June 30, 2026. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.

Key Performance Metrics and Non-IFRS Financial Measures

“Monthly Unique User” means as a unique user with at least one session in a given month as determined by a unique device identifier from GA4. A session begins when a user opens an app in the foreground or views a page or screen while no other session is currently active (e.g., the prior session has ended). A session concludes after 30 minutes of user inactivity. To measure Monthly Unique Users over a period longer than one month, we calculate the average of the Monthly Unique Users for each month within that period. If an individual accesses a website or app from different devices within a given month, each device is counted as a separate unique user. However, if an individual logs in and accesses a website or app using the same login across different devices, they will only be counted as one unique user. This metric provides investors with insight into our market penetration and the breadth of our audience. Management uses this data to refine our content and product discovery tools, with the goal of increasing user loyalty and driving higher conversion rates from unique visitors into active product applicants.

“Traffic” means the total number of unique sessions in GA4. A unique session is a group of user interactions recorded when a user accesses a website or app within a 30-minute window. The current session concludes when there is 30 minutes of inactivity or users have a change in traffic source. Traffic is a key indicator for investors of the overall engagement volume and frequency of use of our platforms. Management utilizes this metric to analyze the efficiency of our acquisition funnel and to optimize our marketing spend toward high-ROI organic and paid channels that deliver users with the highest intent to transact.

“MoneyHero Group Members” means (i) users who have login IDs with us in Singapore, Hong Kong and Taiwan, (ii) users who subscribe to our email distributions in Singapore, Hong Kong, Taiwan and the Philippines, and (iii) users who are registered in our rewards database in Singapore and Hong Kong. Any duplications across the three sources above are deduplicated. This metric is useful to investors as it identifies our core base of registered users who have established a direct relationship with our platforms. Management uses this data to evaluate the scale of our market reach and to improve our AI-driven personalization. By understanding member behavior, we can provide more accurate financial recommendations, which encourages repeat use of our services and increases the long-term value of each user relationship.

“Clicks” means the sum of unique clicks by product item on a tagged “Apply Now”, “Express Buy”, “Buy” or similar button on our website, including product result pages and blogs. We track Clicks to understand how our users engage with our platforms prior to application submission or purchase, which enables us to further optimize conversion rates.

“Applications” means the total number of product applications submitted by users and confirmed by our commercial partners. Management uses this metric to assess the conversion efficiency of our platforms and the effectiveness of our marketing strategies in driving users toward the final stages of the transaction funnel.

“Approved Applications” means the number of applications that have been approved and confirmed by our commercial partners. Management utilizes this data to evaluate the quality and success rate of applications facilitated through our platforms, which is critical to our success-based fee model and our ability to align user demand with our commercial partners’ underwriting standards.

“Approval Rates” means the total number of Approved Applications divided by the total number of Applications during the respective periods presented. Management uses this metric to track our overall conversion success ratio.

“Cash Rewards” represents the total monetary value of cash discounts and rebates provided to platform users that are accounted for as deductions from revenue in accordance with IFRS 15. Platform users can generally elect for a cash discount/rebate or a physical reward. In the event they elect for a physical reward, the amount is recognized as revenue and cost of revenue. The amount of Cash Rewards varies over time depending on user preferences, and this metric provides investors with visibility into total platform volume and consumer reward preferences. Management utilizes this metric to track user acquisition dynamics, evaluate reward mechanics, and assess overall business scale alongside reported revenue.

In addition to MoneyHero Group’s results determined in accordance with IFRS, MoneyHero Group believes that the key performance metrics above and the non-IFRS measures below are useful in evaluating its operating performance. MoneyHero Group uses these measures to evaluate ongoing operations and for internal planning and forecasting purposes. MoneyHero Group believes that non-IFRS information may be helpful to investors because it provides consistency and comparability with past financial performance and may assist in comparisons with other companies to the extent that such other companies use similar non-IFRS measures to supplement their IFRS results. These non-IFRS measures are presented for supplemental informational purposes only and should not be considered a substitute for financial information presented in accordance with IFRS and may be different from similarly titled non-IFRS measures used by other companies. Accordingly, non-IFRS measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of other IFRS financial measures, such as profit/(loss) for the period and profit/(loss) before income tax.

Adjusted EBITDA is a non-IFRS financial measure defined as (loss)/profit for the period plus income tax expense, depreciation and amortization and finance costs, less interest income, and further adjusted for unrealized foreign exchange loss/(gain), changes in fair value of financial instruments, impairment of other assets, equity settled share-based payment expenses and non-recurring legal and professional fees and other expenses. For further details on the components of these adjustments and why management believes this non-IFRS measure provides useful supplemental information to investors, please see our Annual Report on Form 20-F for the year ended December 31, 2025.

Constant FX EBITDA is a non-IFRS financial measure defined as EBITDA adjusted to exclude unrealized foreign exchange loss/(gain). Management uses Constant FX EBITDA to evaluate ongoing operational performance, assess underlying business trends, and conduct internal planning and forecasting by eliminating unrealized foreign exchange remeasurement volatility. Management believes this measure is useful to investors because it provides a clearer, normalized view of the core operating trajectory and period-over-period performance unaffected by foreign exchange rate fluctuations.

EBITDA is a non-IFRS financial measure defined as (loss)/profit for the period plus income tax expense, depreciation and amortization and finance costs, less interest income.

A reconciliation is provided for each non-IFRS measure to the most directly comparable financial measure stated in accordance with IFRS. Investors are encouraged to review the related IFRS financial measures and the reconciliations of these non-IFRS measures to their most directly comparable IFRS financial measures. IFRS differs from U.S. GAAP in certain material respects and thus may not be comparable to financial information presented by U.S. companies. We currently, and will continue to, report financial results under IFRS, which differs in certain significant respects from U.S. GAAP.

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
	2026		2025			2026		2025
(US$ in thousands)	(unaudited)
(Loss)/Profit for the period	(1,203	)	216			(7,947	)	(2,233		)
Income tax expense	6		14			12		14
Depreciation and amortization	314		322			647		624
Interest income	(104	)	(184	)		(203	)	(315		)
Finance costs	10		13			23		26
EBITDA	(977	)	381			(7,468	)	(1,884		)
Unrealized foreign exchange loss/(gain), net	50		(2,951	)		2,446		(3,963		)
Constant FX EBITDA	(927	)	(2,570	)		(5,022	)	(5,847		)
Other non-cash items:
Changes in fair value of financial instruments	(1,052	)	315			52		(157		)
Impairment of other assets	70		–			74		–
Equity settled share-based payment arising from employee share incentive scheme	229		304			556		745
Other non-recurring items:
Non-recurring legal and professional fees and other expenses	53		–			1,649		–
Adjusted EBITDA	(1,627	)	(1,951	)		(2,691	)	(5,259		)

Forward Looking Statements

This document includes “forward-looking statements” within the meaning of the United States federal securities laws and also contains certain financial forecasts and projections. All statements other than statements of historical fact contained in this communication, including, but not limited to, statements as to the Group’s growth strategies, future results of operations and financial position, market size, industry trends and growth opportunities, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “outlook,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “could,” “seeks,” “predicts,” “intends,” “trends,” “plans,” “estimates,” “anticipates” or the negative version of these words or other comparable words. All forward-looking statements are based upon estimates and forecasts and reflect the views, assumptions, expectations, and opinions of the Company, which are all subject to change due to various factors including, without limitation, changes in general economic conditions. Any such estimates, assumptions, expectations, forecasts, views or opinions, whether or not identified in this communication, should be regarded as indicative, preliminary and for illustrative purposes only and should not be relied upon as being necessarily indicative of future results. The forward-looking statements and financial forecasts and projections contained in this communication are subject to a number of factors, risks and uncertainties. Potential risks and uncertainties that could cause the actual results to differ materially from those expressed or implied by forward-looking statements include, but are not limited to, changes in business, market, financial, political and legal conditions; the Company’s ability to attract new and retain existing customers in a cost effective manner; competitive pressures in and any disruption to the industries in which the Company and its subsidiaries (the “Group”) operates; the Group’s ability to achieve profitability despite a history of losses; and the Group’s ability to implement its growth strategies and manage its growth; the Group’s ability to meet consumer expectations; the success of the Group’s new product or service offerings; the Group’s ability to attract traffic to its websites; the Group’s internal controls; fluctuations in foreign currency exchange rates; the Group’s ability to raise capital; media coverage of the Group; the Group’s ability to obtain adequate insurance coverage; changes in the regulatory environments (such as anti-trust laws, foreign ownership restrictions and tax regimes) and general economic conditions in the countries in which the Group operates; the Group’s ability to attract and retain management and skilled employees; the impact of pandemics on the business of the Group; the success of the Group’s strategic investments and acquisitions, changes in the Group’s relationship with its current customers, suppliers and service providers; disruptions to the Group’s information technology systems and networks; the Group’s ability to grow and protect its brand and the Group’s reputation; the Group’s ability to protect its intellectual property; changes in regulation and other contingencies; the Group’s ability to achieve tax efficiencies of its corporate structure and intercompany arrangements; potential and future litigation that the Group may be involved in; and unanticipated losses, write-downs or write-offs, restructuring and impairment or other charges, taxes or other liabilities that may be incurred or required and technological advancements in the Group’s industry. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the Company’s annual report for the year ended December 31, 2025 on Form 20-F (File No.: 001-41838), registration statement on Form F-1 (File No.: 333-275205), and other documents to be filed by the Company from time to time with the U.S. Securities and Exchange Commission. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. In addition, there may be additional risks that the Company currently does not know, or that the Company currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect the Company’s expectations, plans, projections or forecasts of future events and view. If any of the risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Forward-looking statements speak only as of the date they are made. The Company anticipates that subsequent events and developments may cause their assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. The inclusion of any statement in this document does not constitute an admission by the Company or any other person that the events or circumstances described in such statement are material. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this document. Accordingly, undue reliance should not be placed upon the forward-looking statements. In addition, the analyses of the Company contained herein are not, and do not purport to be, appraisals of the securities, assets, or business of the Company.

For inquiries, please contact:

Investor Relations:

MoneyHero IR Team
[email protected]

Media Relations:

MoneyHero PR Team
[email protected]

	For the Three Months Ended June 30,					For the Six Months Ended June 30,
(US$ in thousands, except for loss per share)	2026		2025			2026		2025
	(unaudited)
Revenue	15,752		18,022			32,268		32,336
Cost and expenses:
Cost of revenue	(7,567	)	(9,102	)		(15,432	)	(15,465		)
Advertising and marketing expenses	(4,023	)	(4,548	)		(7,943	)	(9,132		)
Technology costs	(462	)	(922	)		(1,001	)	(1,739		)
Employee benefit expenses	(3,910	)	(3,700	)		(7,908	)	(8,054		)
General, administrative and other operating expenses	(2,229	)	(2,352	)		(5,741	)	(4,543		)
Foreign exchange differences, net	(83	)	2,968			(2,487	)	3,923
Operating (loss)/income	(2,522	)	366			(8,244	)	(2,674		)
Other income/(expenses):
Other income	284		192			385		323
Finance costs	(10	)	(13	)		(22	)	(26		)
Changes in fair value of financial instruments	1,051		(315	)		(53	)	158
(Loss)/Profit before tax	(1,197	)	230			(7,934	)	(2,219		)
Income tax expense	(6	)	(14	)		(13	)	(14		)
(Loss)/Profit for the period	(1,203	)	216			(7,947	)	(2,233		)
Other comprehensive income/(loss)
Other comprehensive income/(loss) that may be classified to profit or loss in subsequent periods (net of tax):
Exchange differences on translation of foreign operations	648		(2,440	)		2,512		(3,819		)
Other comprehensive income/(loss) that will not be reclassified to profit or loss in subsequent periods (net of tax):
Remeasurement gains on defined benefit plan	12		39			11		40
Fair value loss on non-current financial asset	–		–			(71	)	–
Other comprehensive income/(loss) for the period, net of tax	660		(2,401	)		2,452		(3,779		)
Total comprehensive loss for the period, net of tax	(543	)	(2,185	)		(5,495	)	(6,012		)
(Loss)/Earnings per share attributable to ordinary equity holders of the parent
Basic	(0.03	)	0.01			(0.18	)	(0.05		)
Diluted	(0.03	)	0.00			(0.18	)	(0.05		)

Unaudited Interim Condensed Consolidated Statements of Comprehensive Income or Loss

Unaudited Interim Condensed Consolidated Statements of Financial Position

	As of June 30,		As of December 31,
(US$ in thousands)	2026		2025
	(unaudited)		(audited)
NON-CURRENT ASSETS
Non-current financial asset	473		544
Intangible assets	774		626
Property and equipment	379		171
Right-of-use assets	542		935
Deposits	34		58
Total non-current assets	2,202		2,334
CURRENT ASSETS
Accounts receivable	15,748		18,745
Contract assets	14,863		17,898
Prepayments and other assets	6,837		6,255
Tax recoverable	42		43
Pledged bank deposits	145		185
Cash and cash equivalents	28,160		31,185
Total current assets	65,795		74,311
CURRENT LIABILITIES
Accounts and other payables	31,549		34,935
Warrant liabilities	1,183		1,130
Lease liabilities	400		702
Tax payable	2		2
Provisions	45		45
Total current liabilities	33,179		36,814
NET CURRENT ASSETS	32,616		37,497
TOTAL ASSETS LESS CURRENT LIABILITIES	34,818		39,831
NON-CURRENT LIABILITIES
Lease liabilities	158		240
Deferred tax liabilities	43		39
Defined benefit liabilities	145		141
Total non-current liabilities	346		420
Net assets	34,472		39,411
EQUITY
Issued capital	5		5
Reserves	34,467		39,406
Total equity	34,472		39,411

• Positron AI develops hardware and software for memory-first AI inference systems
• Positron joins growing portfolio of AI firms that Liberty Global has backed including Higgsfield, XBOW, Legora and ElevenLabs

PALO ALTO, Calif., Sept. 11, 2026 (GLOBE NEWSWIRE) — Liberty Global Tech Ventures, the technology investment arm of Liberty Global, today announced an investment in Positron AI, a leader in hardware and software for memory-first AI inference systems.

Liberty Global joins a select group of investors in the oversubscribed $875 million funding round, which values the company at $5 billion. The round was co-led by NEA, Valor Equity Partners, Atreides Management, Andra Capital, Dylan Patel’s SemiAnalysis Capital and Jim Clark. Liberty Global’s selection reflects the strategic value it brings through its global technology footprint and experience scaling digital platforms.

Founded in 2023, Positron develops hardware and software designed specifically for AI inference, the stage at which trained AI models process and generate outputs. Its memory-first architecture is designed to lower total cost of ownership and process requests faster by addressing the memory bottlenecks that constrain AI inference.

Positron’s memory-first inference systems use LPDDR5X memory, avoiding constrained HBM and CoWoS supply chains, while achieving more than 90% memory bandwidth utilization. Its Atlas systems can be installed in existing data center architecture without changes to cooling systems.

Bobbie Maltiel, Partner at Liberty Global Tech Ventures, said: “While AI is being adopted by consumers and enterprises at a phenomenal rate, the ability to deliver token usage at the lowest possible cost is key to the full benefits being delivered for society. The Positron team have a relentless focus on this and we are delighted to be joining them on their mission to deliver high-speed AI at the lowest possible cost to businesses and consumers.”

The market for inference compute, the computing power needed to run AI models rather than train them, is expected to be worth $1.3tn by 2032 driven by hyperscaler demand*. Positron already counts Oracle, Jump Trading and Parasail among its customers.

Its next-generation custom silicon, Asimov, tapes out in late 2026 with production in the second half of 2027. Asimov powers Titan, a multi-terabyte-memory inference system for long-context and next-generation AI workloads.

Liberty Global Tech Ventures invests in category-defining AI and technology businesses and Positron joins firms like ElevenLabs, XBOW, Legora and Higgsfield in selecting Liberty Global as a strategic investor.

*Generative AI Market Poised to Reach $2.3 Trillion by 2032 as Agentic Systems Proliferate and Infrastructure Demand Surges, according to Bloomberg Intelligence | Press | Bloomberg LP

ABOUT LIBERTY GLOBAL

Liberty Global Ltd. (Nasdaq: LBTYA, LBTYB, LBTYK) delivers long-term shareholder value through the strategic management of two complementary platforms: Liberty Telecom and Liberty Growth.

Liberty Telecom is a world leader in converged broadband, video and mobile communications, providing approximately 80 million fixed and mobile connections across Europe through advanced fiber and 5G networks that empower customers and strengthen national economies. The business generates aggregate revenue of $22 billion, including approximately $18 billion from nonconsolidated joint ventures and $4 billion from consolidated operations.

Liberty Growth invests in scalable businesses across the technology, media, sports and infrastructure sectors, with a portfolio of roughly 70 companies and funds valued at $3.4billion.*

Together, these platforms reflect Liberty Global’s focus on operating, enabling and investing in businesses with strong strategic fit and the potential to deliver sustainable long-term returns.

*As independently valued as of December 31, 2025.

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements with respect to business strategies, future growth prospects; valuation expectations and other information and statements that are not historical fact. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include events that are outside of Liberty Global’s control. These forward-looking statements speak only as of the date of this release. Liberty Global expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

ABOUT POSITRON AI

Positron AI builds hardware and software to make AI inference dramatically cheaper and more energy efficient. The company’s shipping product, Atlas, is deployed at hyperscaler scale today, and its next-generation custom silicon, Asimov, tapes out in late 2026 with production in the second half of 2027. Asimov powers Titan, a multi-terabyte-memory inference system for long-context and next-generation AI workloads. Positron’s energy-efficient architecture allows its systems to be deployed in air-cooled or liquid-cooled data centers at varying rack densities, without dependence on constrained HBM or CoWoS supply chains. Learn more at positron.ai.

Investor Relations	Corporate Communications
Michael Bishop +44 20 8483 6246	Pádraig McGarrigle +44 7474 736967
	[email protected]

MARTINSVILLE, Va., Sept. 11, 2026 (GLOBE NEWSWIRE) — Hooker Furnishings Corporation (NASDAQ-GS: HOFT) (“Hooker” or the “Company”), a global leader in home furnishings, today reported its operating results for its fiscal 2027 second quarter ended August 2, 2026.

Key Results for the Fiscal 2027 Second Quarter and First Half:

• Significant adverse impact of tariffs in the prior year.  In February 2026, the U.S. Supreme Court (SCOTUS) ruled that certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were not authorized by statute. In March 2026, the U.S. Court of International Trade directed U.S. Customs and Border Protection to implement a refund process for previously collected duties. Prior to the U.S. Supreme Court’s February 2026 decision invalidating the IEEPA tariffs, the Company incurred an estimated $10.3 million of cumulative pre-tax costs related to tariffs in fiscal year 2026, which had a significant adverse impact on the fiscal 2026 results, and significantly exceeded the tariff recoveries the Company is reporting today. 
• Factors contributing to the prior-year tariff impact. Following the imposition of IEEPA tariffs beginning in April 2025, the Company elected to honor pricing on its existing customer backlog and, for competitive and administrative reasons, did not immediately adjust pricing on certain other products. 
• Net sales remained under pressure. Consolidated net sales decreased by $6.0 million, or 8.7%, in the second quarter and $7.7 million, or 5.5%, in the first six months. 
• Tariff recoveries. The Company received $7.9 million in tariff recoveries during the quarter. Of this amount, continuing operations recognized approximately $4.3 million as a reduction of cost of sales and $0.2 million of related interest income, partially offset by approximately $0.5 million of customer credits recorded as a reduction of revenue. Discontinued operations recognized approximately $1.0 million of net pre-tax benefit. Approximately $1.8 million of the tariff recoveries had not yet impacted cost of sales and was recorded as a reduction in inventory carrying values at quarter end. The Company does not expect to receive material additional tariff recoveries.
• Hooker Branded sales reflected lower volume and higher promotional discounts. Hooker Branded net sales declined 4.5% in the second quarter and 4.6% in the first six months, as lower unit volume and higher promotional discounts more than offset higher average selling prices.
• Domestic Upholstery benefited from growth in private-label and outdoor furnishings. Gross margin increased by 450 basis points in the second quarter and 180 basis points in the first six months, supported by tariff recoveries on imported materials, lower imported-material costs, and improved overhead absorption.
• All Other results reflected softer hospitality industry demand and timing of  project activity. Despite a second-quarter operating loss driven by lower shipments, the business was profitable for the first six months, with approximately 80% of first-half shipments occurring in the first quarter.
• Maintaining S&A discipline. Second quarter and year-to-date S&A reflect the sustained benefit of more than $17.5 million in annualized cost reductions implemented across our continuing operations in prior fiscal years. Higher expenses in Hooker Branded were primarily driven by certain administrative costs retained following the Home Meridian segment divestiture, partially offset by benefits from previously implemented cost-reduction and consolidation actions in Domestic Upholstery and All Other.
• Continued operating profitability. Operating income was $1.3 million for the second quarter and $2.9 million for the first six months, compared with operating losses of $0.5 million and $1.0 million, respectively, in the prior-year periods.
• Backlog strengthened sequentially and year over year. Consolidated backlog increased by 6.2% from the prior-year second-quarter end and by 8.4% from the end of the first quarter, led by Hooker Branded and  Domestic Upholstery, reflecting improved order momentum across key businesses.

Executive Commentary

“The significant costs we incurred due to the IEEPA tariffs significantly and adversely affected our prior-year results, and we are grateful to have recovered some of those costs in our fiscal 2027 second quarter,” said Jeremy Hoff, Chief Executive Officer. “The substantial administrative burden these tariffs placed on our team over many months cannot be recovered. In addition to the tariffs paid, we incurred incremental costs associated with the IEEPA tariffs, including increased customs bond costs, legal and professional fees, financing and working-capital costs, and other administrative and supply-chain-related expenses.

Although we do not believe that the tariff recoveries make us whole for the significant costs incurred by us in fiscal 2026, I am grateful to the Hooker team for their persistence and extraordinary effort in navigating an unprecedented and highly complex environment and ultimately securing these recoveries for our shareholders. We are also deeply appreciative of the commitment and partnership of our suppliers and customers as we navigated this period of extraordinary uncertainty for our industry.”

“Our quarterly results benefited from tariff recoveries received during the quarter, as well as the sustained impact of approximately $17.5 million annualized fixed cost reductions implemented across our continuing operations in the prior year.” 

“We are encouraged to report $1.7 million in consolidated net income for the quarter, marking our third consecutive quarter of profitability and a $4.9 million improvement over the prior-year second quarter,” he continued. “These results were achieved despite a challenging demand environment characterized by continued weakness in housing activity, low consumer confidence and lower seasonal demand we typically experience in the first half of our fiscal year.” 

“In addition to tariff recoveries, Hooker Branded profitability was impacted by shifts in channel and sales mix dynamics during the quarter. Seasonally softer summer shipments to brick-and-mortar retailers resulted in a greater mix of e-commerce sales, along with targeted promotional activity designed to support consumer engagement. The combination of channel mix and elevated promotional activity pressured margins during the quarter. We expect promotional activity to normalize during the second half of the fiscal year. Domestic Upholstery’s performance was driven by tariff recoveries and operational efficiencies implemented last fiscal year,” he continued. “Looking forward, retailer commitments to Margaritaville products, galleries, and free-standing stores continue to exceed our expectations. Shipments began in late Q2 and are expected to scale over the second half of fiscal 2027 and into fiscal 2028. Importantly, our fiscal July results, absent any tariff recoveries, showed significant improvement over prior year. We believe that positive momentum will continue into the second half of the fiscal year,” Hoff concluded.

Segment Reporting

Hooker Branded

Net sales decreased by $1.6 million, or 4.5%, in the second quarter and $3.4 million, or 4.6%, in the first six months, reflecting lower unit volume, higher promotional discounts, and key SKU out-of-stocks, due to significantly longer lead times out of Asia, partially offset by higher average selling prices. Gross profit increased by $3.2 million and $6.0 million, while gross margin expanded by 1,050 and 1,000 basis points, respectively, primarily due to tariff recoveries and higher selling prices. Inventory constraints in imported upholstery that began in the first quarter had largely eased by second quarter-end. The segment reported operating income of $870,000 in the second quarter and $2.1 million in the first six months, compared with approximately breakeven results in both corresponding prior-year periods. Backlog increased by 34.7% compared with the end of the prior-year second quarter.

Domestic Upholstery

Net sales decreased by $1.5 million, or 5.3%, in the second quarter and $2.1 million, or 3.6%, in the first six months, as lower sales of upscale leather and custom fabric upholstery were partially offset by double-digit growth in private-label and outdoor furnishings. Gross profit increased by $928,000 and $613,000, while gross margin improved by 450 and 180 basis points, respectively, supported by tariff recoveries on imported materials, lower imported-material costs, and improved overhead absorption. The segment reported second-quarter operating income of $833,000, compared with an operating loss of $408,000 in the prior-year period, and backlog increased by 4.8% compared with the end of the prior-year second quarter.

All Other
Hospitality business net sales decreased by $2.8 million, or 65.8%, in the second quarter and $2.2 million, or 23.5%, in the first six months, primarily due to project timing, with approximately 80% of first-half shipments occurring during the first quarter. Lower second-quarter shipments resulted in an operating loss for the quarter; however, the business remained profitable for the first six months.

Discontinued Operations

Although the Home Meridian divestiture was completed in the prior fiscal year, discontinued operations generated pre-tax income of $587,000 in the second quarter, reflecting tariff recoveries, customer-related adjustments and other post-divestiture activity.

Cash, Debt, and Inventory

Cash and cash equivalents increased to $18.7 million at the end of the second quarter, with no outstanding term loan balance, compared to $10.6 million at the end of the first quarter and $1.1 million at fiscal 2026 year-end, primarily reflecting tariff refund proceeds and accounts receivable collections. $24.0 million in cash generated from operations was used to repay $3.6 million of principal amount of outstanding loans, distribute $2.5 million in cash dividends, provide $1.3 million for share repurchases under the previously authorized $5 million share repurchase program, and fund $1.1 million in capital expenditures. Inventory levels decreased by $5.3 million from $48.7 million at year-end to $43.4 million at current quarter-end.

Despite these outflows, the Company maintained its financial flexibility with $51.8 million in available borrowing capacity under its Amended and Restated Loan Agreement as of fiscal quarter-end, net of standby letters of credit, and no outstanding balance on the credit facility.

Capital Allocation

“In late fiscal 2026, we announced that our Board authorized a new $5 million share repurchase program,” said Earl Armstrong, Senior Vice President and Chief Financial Officer. “Through the fiscal 2027 second quarter, we have repurchased 92,357 shares of our common shares at an average price of $13.68 per share, with approximately $3.7 million remaining available for future purchases under the authorization.”

“As we position the Company for sustainable growth, the new share repurchase program and adjusted dividend provide a balanced framework for returning capital to shareholders while preserving flexibility to invest in strategic priorities,” said Armstrong. “We believe this approach supports both near-term returns and long-term shareholder value,” he concluded.

Outlook

“Consumer spending is selective and housing turnover and big-ticket discretionary demand remain weak. The Department of Commerce’s July advance monthly estimates showed retail sales for furniture and home furnishings stores were essentially flat sequentially from June and down 1.2% year-over-year. Existing home sales declined 1.7% month over month to a 4.1 million annualized rate, remaining at historically low levels. Additionally, consumer sentiment fell 6.3% in August and headline CPI remains elevated at 3.4%, although core inflation eased to 2.5%. All of these factors, not to mention increased financing costs, directly pressure discretionary purchasing power. Additionally, we continue to monitor tariff developments.”

“Looking to the second half of fiscal 2027, we do not expect meaningful near-term improvement in market conditions. At the same time, the changes we have made to our cost structure and portfolio are delivering tangible benefits, and we believe they position us to deliver improved results compared with the prior-year period, even if current conditions persist,” he continued.

“With the cost cutting efforts behind us, our focus is on disciplined execution across our core businesses and converting improving order momentum into sales. The actions taken over the past 18 to 24 months have created a leaner, more disciplined operating model that we believe can deliver stronger and more consistent earnings over time.”

“We are also encouraged by the continued retailer response to Margaritaville, with commitments to approximately 100 in-store galleries and 10 free-standing retail stores to date, roughly double the level reported in December. Shipments began in the second quarter and are expected to build through the second half of fiscal 2027 and into fiscal 2028. Combined with continued momentum in incoming orders across our core businesses, we believe we are well positioned to capitalize on opportunities as demand recovers,” Hoff concluded.

Conference Call Details

• Hooker Furnishings will present its fiscal 2027 second quarter financial results via teleconference and live internet webcast on Friday morning, September 11^th, 2026 at 9:00 AM Eastern Time.
• A live webcast of the call will be available on the Investor Relations page of the Company’s website at https://investors.hookerfurnishings.com/events and archived for replay.
• To access the call by phone, participants should go to this link (registration link) and you will be provided with dial-in details.
• To avoid delays, participants are encouraged to dial into the conference call fifteen minutes ahead of the scheduled start time.

About Hooker Furnishings 

Hooker Furnishings Corporation, in its 102nd year of business, is a designer, marketer and importer of casegoods (wooden and metal furniture), leather furniture, fabric-upholstered furniture, lighting, accessories, and home décor for the residential, hospitality and contract markets. The Company also domestically manufactures premium residential custom leather and custom fabric-upholstered furniture and outdoor furniture. Major casegoods product categories include home entertainment, home office, accent, dining, and bedroom furniture in the upper-medium price points sold under the Hooker Furniture brand. Hooker’s residential upholstered seating product lines include Bradington-Young, a specialist in upscale motion and stationary leather furniture, HF Custom (formerly Sam Moore), a specialist in fashion forward custom upholstery offering a selection of chairs, sofas, sectionals, recliners and a variety of accent upholstery pieces, Hooker Upholstery, imported upholstered furniture targeted at the upper-medium price-range and Shenandoah Furniture, an upscale upholstered furniture company specializing in private label sectionals, modulars, sofas, chairs, ottomans, benches, beds and dining chairs in the upper-medium price points for lifestyle specialty retailers. The H Contract product line supplies upholstered seating and casegoods to upscale senior living facilities. The Sunset West division is a designer and manufacturer of comfortable, stylish and high-quality outdoor furniture. Hooker Furnishings Corporation’s corporate offices and upholstery manufacturing facilities are located in Virginia, North Carolina and California, with showrooms in High Point, NC, Las Vegas, NV, and Atlanta, GA. The Company operates distribution centers in Virginia, North Carolina, and Vietnam. Please visit our websites at hookerfurnishings.com, shenandoahfurniture.com, slh-co.com, and hcontractfurniture.com.

Additional Information

Hooker Furnishings uses our Investor Relations website, https://investors.hookerfurnishings.com/investor-relations, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media. For more information, contact Earl Armstrong, Senior Vice President and Chief Financial Officer at (276) 666-3969.

Forward Looking Statements

Certain statements made in this release, other than those based on historical facts, may be forward-looking statements. Forward-looking statements reflect our reasonable judgment with respect to future events and typically can be identified by the use of forward-looking terminology such as “believes,” “expects,” “projects,” “intends,” “plans,” “may,” “will,” “should,” “would,” “could” or “anticipates,” or the negative thereof, or other variations thereon, or comparable terminology, or by discussions of strategy. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Those risks and uncertainties include but are not limited to: (1) adverse political acts or developments affecting the international markets from which we import products and certain components used in our Domestic Upholstery segment, including the imposition of duties or tariffs by the U.S. or foreign governments, such as the tariffs under Section 301, antidumping and countervailing duty orders on raw materials like timber and lumber, the potential for additional or higher reciprocal tariffs on imports from key sourcing countries, and other trade restrictions or trade-related disputes, could affect our supply chain and increase our costs, and adversely affect our sales, earnings, and liquidity; (2) general economic or business conditions, both domestically and internationally, including the current macroeconomic uncertainties and challenges to the retail environment for home furnishings along with instability in the financial and credit markets, in part due to elevated interest rates and housing market volatility, which can affect consumer spending patterns, existing home sales, and demand for home furnishings, including their potential impact on (i) our sales and operating costs and access to financing, (ii) our customers, and (iii) our suppliers and their ability to obtain financing or generate the cash necessary to conduct their respective businesses; (3) the impairment of our long-lived assets, which can result in reduced earnings and net worth; (4) the cyclical nature of the furniture industry, which is particularly sensitive to changes in consumer confidence, the amount of consumers’ income available for discretionary purchases, and the availability and terms of consumer credit; (5) achieving and managing growth and change, and the risks associated with new business lines including the Margaritaville launch occurring in the second half of fiscal 2027, and inherent risks associated with possible acquisitions, including the selection of suitable acquisition targets, restructurings, strategic alliances and international operations; (6) risks associated with the ultimate outcome of our cost reduction efforts, including the amounts and timing of savings realized and the ability to scale the business appropriately as customer demand increases or decreases based on the macroeconomic environment; (7) risks associated with our reliance on offshore sourcing and the cost of imported goods, including fluctuation in the prices of purchased finished goods, customs issues, freight costs, including the price and availability of shipping containers, ocean vessels, domestic trucking, and warehousing costs and the risk that a disruption in our supply chain or the transportation and handling industries, including labor stoppages, strikes, slowdowns, or geopolitical conflicts or instability affecting key global shipping routes and our suppliers, could adversely affect our ability to timely fulfill customer orders; (8) interruption, inadequacy, security breaches or integration failure of our information systems or information technology infrastructure, related service providers or the internet or other related issues including unauthorized disclosures of confidential information, hacking or other cybersecurity threats or inadequate levels of cyber insurance or risks not covered by cyber insurance; (9) difficulties in forecasting demand for our imported products and raw materials used in our domestic operations; (10) our inability to collect amounts owed to us or significant delays in collecting such amounts; (11) the risks associated with our Amended and Restated Loan Agreement, including the fact that our asset-based lending facility is secured by substantially all of our assets and contains provisions which limit the amount of our future borrowings under the facility, as well as financial and negative covenants that, among other things, may limit our ability to incur additional indebtedness; (12) risks associated with domestic manufacturing operations, including fluctuations in capacity utilization and the prices and availability of key raw materials, as well as changes in transportation, warehousing and domestic labor costs, availability of skilled labor, and environmental compliance and remediation costs; (13) risks associated with our self-insured healthcare and workers compensation plans, which utilize stop-loss insurance for aggregate claims above specified thresholds and can be impacted by higher healthcare inflation and expenditures, all of which may cause our healthcare and workers compensation costs to rise unexpectedly, adversely affecting our earnings, financial condition, and liquidity; (14) disruptions and damage (including those due to weather) affecting our Virginia or North Carolina warehouses, our Virginia, North Carolina or California administrative and manufacturing facilities, our High Point, Las Vegas, and Atlanta showrooms or our representative office or warehouse in Vietnam; (15) changes in U.S. and foreign government regulations and in the political, social and economic climates of the countries from which we source our products; (16) risks associated with product defects, including higher than expected costs associated with product quality and safety, regulatory compliance costs related to the sale of consumer products and costs related to defective or non-compliant products, product liability claims and costs to recall defective products and the adverse effects of negative media coverage; (17) the direct and indirect costs and time spent by our associates related to the implementation of our Enterprise Resource Planning system (“ERP”), including costs resulting from unanticipated disruptions to our business; (18) risks associated with distribution through third-party retailers, such as non-binding dealership arrangements; (19) changes in domestic and international monetary policies and fluctuations in foreign currency exchange rates affecting the price of our imported products and raw materials; (20) price competition in the furniture industry; (21) changes in consumer preferences, including increased demand for lower-priced furniture, especially in light of recently imposed tariffs on imported furniture; (22) the risks specifically related to the concentrations of a material part of our sales and accounts receivable in only a few customers, including the loss of several large customers through business consolidations, failures or other reasons, or the loss of significant sales programs with major customers; (23) decisions concerning the allocation of capital including the extent to which we repurchase shares of our common stock which will affect shares outstanding and earnings per share (EPS); (24) future actions by activist stockholders that could divert management attention, create uncertainty around our strategic direction, disrupt relationships with key shareholders, increase our costs, drive stock price volatility, and otherwise materially impact our business, financial condition, results of operations, and cash flows; and (25) other risks and uncertainties described under Part I, Item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended February 1, 2026 and other filings with the SEC. Any forward-looking statement that we make speaks only as of the date of that statement, and we undertake no obligation, except as required by law, to update any forward-looking statements whether as a result of new information, future events or otherwise and you should not expect us to do so.

Table I HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share data) (Unaudited)
		For the
		13 Weeks Ended								26 Weeks Ended
		August 2,				August 3,				August 2,				August 3,
			2026				2025				2026				2025
Net sales		$	63,250			$	69,243			$	132,702			$	140,427
Cost of sales			43,151				52,001				92,011				105,250
Gross profit			20,099				17,242				40,691				35,177
Selling and administrative expenses			18,272				17,127				36,741				34,894
Intangible asset amortization			544				625				1,089				1,292
Operating income / (loss)			1,283				(510	)			2,861				(1,009	)
Other income			376				22				349				120
Interest expense, net			116				171				237				549
Income / (Loss) from continuing operations before income taxes			1,543				(659	)			2,973				(1,438	)
Income tax expense / (benefit)			338				(114	)			664				(278	)
Net income / (loss) from continuing operations			1,205				(545	)			2,309				(1,160	)
Net income / (loss) from discontinued operations, net of taxes			465				(2,732	)			422				(5,169	)
Net income / (loss)		$	1,670			$	(3,277	)		$	2,731			$	(6,329	)
Basic:
Earnings / (loss) from continuing operations per share		$	0.12			$	(0.06	)		$	0.21			$	(0.11	)
Earnings / (loss) from discontinued operations per share			0.04				(0.25	)			0.04				(0.49	)
Basic earnings / (loss) per share		$	0.16			$	(0.31	)		$	0.25			$	(0.60	)
Diluted:
Earnings / (loss) from continuing operations per share		$	0.11			$	(0.06	)		$	0.21			$	(0.11	)
Earnings / (loss) from discontinued operations per share			0.04				(0.25	)			0.04				(0.49	)
Diluted earnings / (loss) per share		$	0.15			$	(0.31	)		$	0.25			$	(0.60	)
Weighted average shares outstanding:
Basic			10,644				10,612				10,644				10,587
Diluted			10,760				10,612				10,774				10,587
Cash dividends declared per share		$	0.115			$	0.23			$	0.230			$	0.46

Table II
HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME / (LOSS)
(In thousands)
(Unaudited)
		For the
		13 Weeks Ended								26 Weeks Ended
		August 2,				August 3,				August 2,				August 3,
			2026				2025				2026				2025
Net income / (loss)		$	1,670			$	(3,277	)		$	2,731			$	(6,329	)
Other comprehensive income:
Actuarial adjustments			(20	)			(45	)			(39	)			(89	)
Income tax effect on adjustments			5				11				9				21
Adjustments to net periodic benefit cost			(15	)			(34	)			(30	)			(68	)
Total comprehensive income / (loss)		$	1,655			$	(3,311	)		$	2,701			$	(6,397	)

Table III
HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands)
As of		August 2,				February 1,
			2026				2026
		(Unaudited)
Assets
Current assets
Cash and cash equivalents		$	18,660			$	1,112
Trade accounts receivable, net			26,275				37,786
Inventories			43,414				48,684
Income tax recoverable			–				30
Prepaid expenses and other current assets			5,729				5,283
Total current assets			94,078				92,895
Property, plant and equipment, net			22,181				25,207
Cash surrender value of life insurance policies			31,491				30,422
Deferred taxes			24,305				24,941
Operating leases right-of-use assets			22,051				23,015
Intangible assets, net			11,905				12,994
Goodwill			575				575
Other assets			17,856				15,842
Total non-current assets			130,364				132,996
Total assets		$	224,442			$	225,891
Liabilities and Shareholders’ Equity
Current liabilities
Trade accounts payable		$	12,180			$	11,002
Accrued salaries, wages and benefits			4,882				3,730
Accrued income taxes			117				42
Customer deposits			6,435				5,291
Current portion of operating lease liabilities			5,089				5,445
Other accrued expenses			2,327				2,083
Total current liabilities			31,030				27,593
Long term debt			–				3,223
Deferred compensation			5,960				6,365
Operating lease liabilities			18,865				19,468
Total long-term liabilities			24,825				29,056
Total liabilities			55,855				56,649
Shareholders’ equity
Common stock, no par value,20,000 shares authorized,
10,727 and 10,764 shares issued and outstanding on each date			51,311				51,361
Retained earnings			117,028				117,603
Accumulated other comprehensive income			248				278
Total shareholders’ equity			168,587				169,242
Total liabilities and shareholders’ equity		$	224,442			$	225,891

Table IV HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands) (Unaudited)
		For the
		26 Weeks Ended
		August 2,				August 3,
			2026				2025
Operating Activities:
Net income / (loss)		$	2,731			$	(6,329	)
Less: Income / (Loss) from discontinued operations, net of taxes			422				(5,169	)
Adjustments to reconcile net income to net cash
provided by operating activities:
Depreciation and amortization			3,629				3,499
Deferred income tax expense / (benefit)			645				(1,990	)
Noncash restricted stock and performance awards			408				144
Provision for / (benefit from) doubtful accounts and sales allowances			193				(182	)
Gain on life insurance policies			(874	)			(724	)
Loss on disposal of assets			7				15
Changes in assets and liabilities:
Trade accounts receivable			10,706				13,008
Inventories			5,270				10,225
Income tax recoverable			30				482
Prepaid expenses and other assets			(787	)			(2,563	)
Trade accounts payable			584				(1,284	)
Accrued salaries, wages, and benefits			1,153				614
Accrued income taxes			(47	)			(16	)
Customer deposits			1,144				1,125
Operating lease assets and liabilities			5				124
Other accrued expenses			106				38
Deferred compensation			(444	)			(431	)
Net cash provided by operating activities		$	24,037			$	20,924
Investing Activities:
Purchases of property and equipment			(1,094	)			(1,570	)
Premiums paid on life insurance policies			(325	)			(326	)
Proceeds received on life insurance policies			540				–
Proceeds from sales of assets			6				–
Net cash used in investing activities		$	(873	)		$	(1,896	)
Financing Activities:
Proceeds from revolving credit facility			3,216				32,440
Payments for long-term loans			(6,770	)			(48,956	)
Cash dividends paid			(2,486	)			(5,011	)
Purchase and retirement of common stock			(1,265	)			–
Debt issuance costs			–				(33	)
Net cash used in financing activities		$	(7,305	)		$	(21,560	)
Discontinued Operations
Cash provided by / (used in) operating activities			1,689				(2,818	)
Cash used in investing activities			–				(124	)
Cash provided by / (used in) discontinued operations		$	1,689			$	(2,942	)
Net Increase / (decrease) in cash and cash equivalents			17,548				(5,474	)
Cash and cash equivalents – beginning of year			1,112				6,295
Cash and cash equivalents – end of quarter		$	18,660			$	821
Supplemental disclosure of cash flow information:
Income taxes paid / (refund), net		$	35			$	(443	)
Interest paid, net			6				609
Non-cash transactions:
Increase in lease liabilities arising from changes in right-of-use assets		$	1,799			$	10
Increase in property and equipment through accrued purchases			41				152

Table V
HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES
NET SALES, GROSS PROFIT, AND OPERATING INCOME / (LOSS) BY SEGMENT
(In thousands)
		13 Weeks Ended											26 Weeks Ended
		August 2, 2026					August 3, 2025						August 2, 2026				August 3, 2025
					% Net					% Net					% Net					% Net
Net sales					Sales					Sales					Sales					Sales
Hooker Branded		$	34,620		54.7	%	$	36,250		52.4	%		$	69,950	52.7	%	$	73,359		52.2	%
Domestic Upholstery			27,152		42.9	%		28,677		41.4	%			55,506	41.8	%		57,590		41.0	%
All Other			1,478		2.3	%		4,316		6.2	%			7,246	5.5	%		9,478		6.7	%
Consolidated		$	63,250		100	%	$	69,243		100	%		$	132,702	100	%	$	140,427		100	%
Gross profit
Hooker Branded		$	13,722		39.6	%	$	10,541		29.1	%		$	27,639	39.5	%	$	21,605		29.5	%
Domestic Upholstery			6,233		23.0	%		5,305		18.5	%			11,198	20.2	%		10,585		18.4	%
All Other			144		9.7	%		1,396		32.3	%			1,854	25.6	%		2,987		31.5	%
Consolidated		$	20,099		31.8	%	$	17,242		24.9	%		$	40,691	30.7	%	$	35,177		25.1	%
Operating income / (loss)
Hooker Branded		$	870		2.5	%	$	10		0.0	%		$	2,076	3.0	%	$	37		0.1	%
Domestic Upholstery			833		3.1	%		(408	)	-1.4	%			144	0.3	%		(1,004	)	-1.7	%
All Other			(420	)	-28.4	%		(112	)	-2.6	%			641	8.8	%		(42	)	-0.4	%
Consolidated		$	1,283		2.0	%	$	(510	)	-0.7	%		$	2,861	2.2	%	$	(1,009	)	-0.7	%

Table VI
HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES
TARIFF RECOVERIES BY SEGMENT
(In thousands)
		13 Weeks Ended						26 Weeks Ended
		August 2, 2026						August 2, 2026
					% Net						% Net
Net sales					Sales						Sales
Hooker Branded		$	(65	)	-0.2	%		$	(65	)	-0.1	%
Domestic Upholstery			–		0.0	%			–		0.0	%
All Other			(457	)	-30.9	%			(457	)	-6.3	%
Consolidated		$	(522	)	-0.8	%		$	(522	)	-0.4	%
Cost of sales
Hooker Branded		$	(2,503	)	-7.2	%		$	(2,503	)	-3.6	%
Domestic Upholstery			(805	)	-3.0	%			(805	)	-1.5	%
All Other			(961	)	-65.0	%			(961	)	-13.3	%
Consolidated		$	(4,269	)	-6.7	%		$	(4,269	)	-3.2	%
Interest Income
Hooker Branded		$	138		0.4	%		$	138		0.2	%
Domestic Upholstery			40		0.1	%			40		0.1	%
All Other			23		1.6	%			23		0.3	%
Consolidated		$	201		0.3	%		$	201		0.2	%
Discontinued Operations
Net sales		$	(612	)				$	(612	)
Cost of sales			(1,635	)					(1,635	)
Interest Income			54						54
		As of
		August 2, 2026
Inventories
Hooker Branded		$	(1,511	)
Domestic Upholstery			(276	)
All Other			–
Consolidated		$	(1,787	)
Discontinued Operations		$	–

Table VII
HOOKER FURNISHINGS CORPORATION AND SUBSIDIARIES
Order Backlog
(In thousands)
(Unaudited)
Reporting Segment		August 2, 2026				February 1, 2026				August 3, 2025
Hooker Branded		$	21,150			$	16,490			$	15,701
Domestic Upholstery			20,230				19,557				19,313
All Other			1,036				7,807				4,912
Consolidated		$	42,416			$	43,854			$	39,926

SEATTLE, Sept. 11, 2026 (GLOBE NEWSWIRE) — Perspective Therapeutics, Inc. (“Perspective,” the “Company,” “we,” “us,” and “our”) (NYSE AMERICAN: CATX), a radiopharmaceutical development company pioneering advanced treatments for cancers throughout the body, today announced that updated data on the Company’s [²¹²Pb]VMT-α-NET program have been accepted for presentation as detailed below at the 38th EORTC-NCI-AACR (ENA) Symposium 2026 on Molecular Targets and Cancer Therapeutics taking place November 18 to 20, 2026 in Barcelona, Spain. The conference plans to release further details for abstracts on November 4, 2026.

Presenter	Abstract Title	Presentation Details
Vikas Prasad, Washington University School of Medicine	Cohort level safety and efficacy results for [212Pb]VMT-α-NET in advanced somatostatin receptor subtype 2 (SSTR2+)-expressing neuroendocrine tumors (NETs): Cohorts 1–3	Abstract Number: 334 Session Type: Poster session Session Title: New drugs Session Date: November 20, 2026 Session Time: 9:00am – 3:00pm CET / 3:00am – 9:00 am EST

About [²¹²Pb]VMT-α-NET

Perspective designed [²¹²Pb]VMT-α-NET to target somatostatin receptor subtype 2 (SSTR2), and to deliver the alpha-emitting radioisotope lead-212, or ²¹²Pb, to tumor sites expressing SSTR2. The Company is conducting a multi-center, open-label, dose-escalation and dose-expansion study (clinicaltrials.gov identifier NCT05636618) of [²¹²Pb]VMT-α-NET in patients with unresectable or metastatic SSTR2-positive tumors who have not received prior radiopharmaceutical therapies (RPT).

Interim clinical data from the study, with a data cut-off date of April 17, 2026, were presented at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting in May 2026. These data included efficacy results for half of the patients in Cohort 2 and both patients in Cohort 1. Initial efficacy data for the remaining patients in Cohort 2 and patients in Cohorts 3 and 4 are pending. The Company plans to submit additional data for presentation at future medical conferences in 2026 and 2027.

About Perspective Therapeutics, Inc.

Perspective Therapeutics, Inc. is a radiopharmaceutical development company pioneering advanced treatments for cancers throughout the body. The Company has proprietary technology that utilizes the alpha-generating isotope ²¹²Pb to deliver powerful radiation specifically to cancer cells via specialized targeting moieties. The Company is also developing complementary imaging techniques that incorporate the same targeting moieties, which provides the opportunity to personalize treatment and optimize patient outcomes. This “theranostic” approach enables visualization of the specific tumor and subsequent treatment, potentially improving efficacy and minimizing toxicity.

The Company is advancing a portfolio of clinical-stage programs in the U.S., including bamzireotide navoxetan (VMT-α-NET, neuroendocrine tumors), lapemelanotide zapixetar (VMT01, melanoma), and PSV359 (solid tumors).

The Company is expanding its regional finished drug product candidate supply network, enabled by its proprietary ²²⁴Ra/²¹²Pb generator platform used to manufacture clinical drug product candidates, to support the delivery of patient-ready drug product candidates for clinical trials and, if approved, commercial operations.

For more information, please visit the Company’s website at www.perspectivetherapeutics.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Statements in this press release that are not statements of historical fact are forward-looking statements. Words such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “estimate,” “believe,” “predict,” “potential,” or “continue” or the negative of these terms or other similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these identifying words. Forward-looking statements in this press release include statements concerning, among other things, the Company’s preclinical and clinical development plans and the expected timing for the release of additional data from its clinical programs; the Company’s beliefs that its product candidates address certain unmet medical needs; the Company’s regional distribution and manufacturing capabilities; and other statements that are not historical fact.

The Company may not actually achieve the plans, intentions, or expectations disclosed in the forward-looking statements, and you should not place undue reliance on the forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the Company’s actual results to differ materially from the results described in or implied by the forward-looking statements. Known risk factors include that the Company’s clinical trials may be more costly or take longer to complete than anticipated, or may never be completed, or may not generate results that warrant future development of the tested product candidate; the Company may elect to change its strategy regarding its product candidates and clinical development activities; economic and market conditions may worsen; and risks related to the sufficiency of the Company’s cash resources for its future operating expenses and capital expenditures. A more complete discussion of the risks and uncertainties facing the Company appears under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), in the Company’s other filings with the SEC, and in the Company’s future reports to be filed with the SEC and available at www.sec.gov. Forward-looking statements contained in this news release are made as of this date. Unless required to do so by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Media and Investor Relations Contacts:

Perspective Therapeutics IR:

Annie J. Cheng, CFA
[email protected]

ENTENTE Network of Companies

Katie Morris, PhD
[email protected]

NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Innventure, Inc. (NASDAQ:INV) and certain of the company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.

If you invested in Innventure, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/innventure-class-action-lawsuit.

Key Details of the Innventure ($INV) Class Action:

• Lead Plaintiff Deadline: October 27, 2026
• Alleged Misconduct: Securities fraud alleging Innventure misrepresented the strength and viability of Accelsius’ alleged DarkNX data center deal
• Largest Alleged Stock Drop: August 14, 2026 – 55% Stock Drop
• Court: U.S. District Court for the Southern District of New York
• Action: Contact BFA Law to discuss your rights

Investors have until October 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Innventure securities. The class action is pending in the U.S. District Court for the Southern District of New York. It is captioned Labed v. Innventure, Inc. et al., No. 26-cv-07377.

Why is Innventure Being Sued for Securities Fraud?

Innventure is an industrial technology commercialization company. Its key subsidiary, Accelsius, develops and commercializes direct-to-chip liquid cooling technology for data centers and high-performance computing environments.

According to the complaint, Innventure repeatedly highlighted Accelsius’ agreement with DarkNX to deploy Accelsius’ NeuCool technology across a new 300MW AI data center campus in Ontario, Canada. Innventure allegedly described the deal as a major commercial milestone, projected Accelsius to be cash flow positive by year-end 2026, and used the DarkNX agreement to support expectations for substantial revenue growth.

As alleged, Defendants failed to disclose that the DarkNX deal was unlikely to materialize because there was no evidence that DarkNX was constructing or facilitating a large-scale AI data center.

Why did Innventure’s Stock Drop?

On May 28, 2026, before the market opened, Morpheus Research published a report alleging that Innventure’s DarkNX data center venture was fabricated. The report stated that there was “zero evidence” the project existed or that DarkNX had the team or funding to pursue it, and quoted former employees who questioned whether DarkNX had customers, a data center, or the ability to complete the announced project.

On this news, Innventure’s stock dropped $0.54 per share, or 8.42%, from a closing price of $6.41 per share on May 27, 2026, to $5.87 per share on May 28, 2026.

Then, on August 13, 2026, after the market closed, Innventure suspended its previously communicated 2026 revenue and cash flow targets for Accelsius, and disclosed that Accelsius had removed the DarkNX project from internal bookings because the identified deployment site was no longer available.

On this news, Innventure’s stock dropped $1.98 per share, or 55%, from a closing price of $3.60 per share on August 13, 2026, to $1.62 per share on August 14, 2026.

Click here for more information:

https://www.bfalaw.com/cases/innventure-class-action-lawsuit

.

What Can You Do?

If you invested in Innventure, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/innventure-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.”  One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/innventure-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against York Space Systems Inc. (NYSE:YSS) and certain of the company’s senior executives for securities violations after a significant stock drop resulting from potential violations of the federal securities laws.

If you invested in York Space Systems, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/york-space-systems-class-action-lawsuit.

Key Details of the York Space Systems ($YSS) Class Action:

• Lead Plaintiff Deadline: October 30, 2026
• Alleged Misconduct: Securities violations alleging York Space Systems misrepresented the capabilities of its satellite software
• Largest Alleged Stock Drop: May 11, 2026 – 10.9% Stock Drop
• Court: U.S. District Court for the District of Colorado
• Action: Contact BFA Law to discuss your rights

Investors have until October 30, 2026 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 11 and 15 of the Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors who purchased or otherwise acquired York Space Systems common stock pursuant and/or traceable to the Company’s January 2026 IPO and/or York Space Systems securities during the Class Period. The class action is pending in the U.S. District Court for the District of Colorado. It is captioned Ianelli v. York Space Systems Inc. et al., No. 1:26-cv-04074.

Why is York Space Systems Being Sued for Securities Violations?

York Space Systems operates as a space and defense provider that primarily sells satellites and satellite-related services. According to the complaint, 96% of York Space Systems’ fiscal 2025 revenue was derived from projects contracted by the U.S. Federal Government under the Pentagon’s Space Development Agency, with most of those projects under the SDA’s Transport Layer program.

According to the complaint, York Space Systems touted the Company’s successful launches with the SDA, its incumbent position leading into future Transport Layer tranches, and its proprietary satellite software.

As alleged, Defendants overstated the capabilities of York Space Systems’ satellite software.

Why did York Space Systems’ Stock Drop?

On May 11, 2026, Wolfpack Research published a report stating that former employees of York Space Systems claimed the company sent satellites into space without knowing whether the software was fit to accomplish its basic mission. The report further stated that York Space Systems’ satellites did not function as expected because the company did not finish developing the software before launch and instead waited until the satellites were in orbit to debug them.

On this news, York Space Systems’ stock price dropped $3.91 per share, or 10.9%, from a closing price of $35.88 per share on May 11, 2026, to $31.97 per share on May 12, 2026.

Click here for more information:

https://www.bfalaw.com/cases/york-space-systems-class-action-lawsuit

.

What Can You Do?

If you invested in York Space Systems, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/york-space-systems-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.”  One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/york-space-systems-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

NEW YORK, Sept. 11, 2026 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against UWM Holdings Corporation (NYSE:UWMC) and certain of the company’s senior executives for securities fraud after its significant stock drop resulting from potential violations of the federal securities laws.

If you invested in UWM, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit.

Key Details of the UWM ($UWMC) Class Action:

• Lead Plaintiff Deadline: October 13, 2026
• Alleged Misconduct: Securities fraud alleging that UWM misrepresented its mortgage servicing rights hedging strategy and the risks created by hedging connected to the Two Harbors transaction
• Stock Drop: August 6, 2026 – 34.78% Stock Drop
• Court: U.S. District Court for the Eastern District of Michigan
• Action: Contact BFA Law to discuss your rights

Investors have until October 13, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in UWM securities. The class action is pending in the U.S. District Court for the Eastern District of Michigan. It is captioned Bond v. UWM Holdings Corporation et al., No. 26-cv-12862.

Why is UWM Being Sued for Securities Fraud?

UWM originates, sells, and services residential mortgage loans in the United States. In December 2025, UWM and Two Harbors Investment Corp., owner of RoundPoint Mortgage Servicing, signed an all-stock merger agreement valued at $1.3 billion.

According to the complaint, in March 2026, Two Harbors terminated the UWM agreement after CrossCountry Mortgage made a competing cash offer and agreed to pay UWM’s termination fee.

As alleged, UWM failed to disclose that it had deviated from its traditional strategy of not hedging its mortgage servicing rights by taking a major hedge position, that it over-hedged itself in anticipation of the Two Harbors transaction, and that its purported efforts to balance risk created excess hedging risk.

Why did UWM’s Stock Drop?

On August 5, 2026, after the market closed, UWM reported Q2 2026 financial results, including a $603.2 million interest rate derivatives loss which contributed to a $451.9 million second-quarter net loss. Total equity also fell 43.6% year over year, reflecting the net loss and derivative-related charges.

Then, on August 6, 2026, UWM disclosed that it “over-hedged” while protecting against the Two Harbors transaction and stated that UWM does not traditionally hedge its mortgage servicing rights. UWM further disclosed that when it was acquiring Two Harbors and a large mortgage servicing rights book, “it created a little more risk,” that UWM “did put a hedge on to protect against that risk,” and that “the Two Harbors transaction went away,” creating a hedge loss. On this news, UWM’s stock dropped $0.64 per share, or 34.78%, from a closing price of $1.84 per share on August 5, 2026, to $1.20 per share on August 6, 2026.

Click here for more information:

https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit

.

What Can You Do?

If you invested in UWM, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters.

Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.”  One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”

BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/uwm-holdings-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.