Business
EarthLabs Reports Results for the First Quarter of 2026
Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) ("EarthLabs" or the "Company") is pleased to announce the consolidated financial results as at and for the three months ended March 31, 2026 of the Company (the "Financial Results").Highlights for the three-month period ended March 31, 2026:Completed the quarter with total cash and cash equivalents, due from brokers, investments and equity investments of $78,752,220 as compared to...
About this update from Earthlabs Inc
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 28, 2026) - EarthLabs Inc. (TSXV: SPOT) (OTCQX: SPOFF) (FSE: 8EK0) ("EarthLabs" or the "Company") is pleased to announce the consolidated financial results as at and for the three months ended March 31, 2026 of the Company (the "Financial Results").","length":319,"tagName":"p"},{"type":"text","content":"Highlights for the three-month period ended March 31, 2026:","length":59,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Completed the quarter with total cash and cash equivalents, due from brokers, investments and equity investments of $78,752,220 as compared to $80,200,152 as at December 31, 2025;","length":179,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"67.3% increase in Advertising revenue to $2,663,695 as compared to $1,592,565 for the three months ended March 31, 2025;","length":120,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"12.6% increase in Subscription revenue to $350,322 as compared to $311,092 for the three months ended March 31, 2025;","length":117,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"61.1% increase in Sales of exploration maps to $67,527 as compared to $41,928 for the three months ended March 31, 2025;","length":120,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net investment gains of $564,169 from the Company's investment portfolio as compared to $2,022,093 for the three months ended March 31, 2025, marking the fifth consecutive quarter in which the Company reported net investment gains;","length":235,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net loss and comprehensive loss of $114,044 (basic loss per share of $0.00) as compared to net income and comprehensive income of $221,974 (basic earnings per share of $0.00) for the three months ended March 31, 2025.","length":217,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":988,"olType":false},{"type":"text","content":""With commodity prices remaining near record highs, we believe the long-term opportunity across the resource sector is as strong as we've seen in a generation," said Denis Laviolette, Executive Chairman and CEO of EarthLabs. "While parts of the junior mining market slowed in early 2026, EarthLabs kept building...