"We Are Disappointed": iFOREX Cuts EBITDA Outlook After July Income Falls 77%
iFOREX cut its FY 2026 adjusted EBITDA outlook to $0.5 million to $2.5 million today (Wednesday). Monthly trading income fell 77% year over year to about $720,000, the company said. Using the $2.4 million adjusted EBITDA estimate for the first half , the range implies second-half adjusted EBITDA between a $1.9 million loss and a $0.1 million profit. That calculation assumes the H1 estimate remains
iFOREX cut its FY 2026 adjusted EBITDA outlook to $0.5 million to $2.5 million today (Wednesday). Monthly trading income fell 77% year over year to about $720,000, the company said. Using the $2.4 million adjusted EBITDA estimate for the first half , the range implies second-half adjusted EBITDA between a $1.9 million loss and a $0.1 million profit. That calculation assumes the H1 estimate remains
Source: Finance Magnates