JX Luxventure Group Inc. filed a Form 6-K with the SEC on November 12, 2026, reporting unaudited interim condensed financial results for the six months ended June 30, 2026.

Key Highlights

  • Net loss of $13,768,979: The company reported a loss for the six months ended June 30, 2026, compared to a profit of $1,718,110 in the same period of 2025.
  • Revenue nearly tripled: Revenue for H1 2026 was $68,483,593, up from $25,178,767 in H1 2025, according to the filing.
  • Administrative expenses surged: Administrative expenses reached $19,094,851 for H1 2026, compared to $981,106 in H1 2025, with $18,289,065 attributable to share-based payment.
  • Total assets grew to $68,790,350: Up from $42,964,683 as of December 31, 2025, driven in part by equity investments at fair value of $20,546,613.
  • Basic loss per share of $(1.99): Based on a weighted average of 6,916,052 basic shares outstanding for the period.
  • Shares outstanding: As of November 12, 2026, the company had 16,859,877 shares of common stock issued and outstanding.
  • Cash position declined: Cash and cash equivalents fell to $294,633 at June 30, 2026, from $700,727 at December 31, 2025.

JX Luxventure Group H1 2026 Financial Results: Revenue Growth Offset by Rising Expenses

According to the Form 6-K filed on November 12, 2026 by JX Luxventure Group Inc. (NASDAQ:JXG), the company's unaudited results for the six months ended June 30, 2026 showed revenue of $68,483,593, more than double the $25,178,767 reported for the comparable period in 2025. Cost of sales rose to $60,671,004 from $20,702,206, producing a gross profit of $7,812,589 versus $4,476,561 in H1 2025.

Despite the increase in gross profit, the company disclosed a loss from operations of $13,746,634 for H1 2026, contrasting with a profit from operations of $1,738,225 in H1 2025. The filing identified administrative expenses of $19,094,851 as a primary driver, of which $18,289,065 related to share-based payment. This non-cash charge is reflected as an adjustment in the cash flow statement. Net cash used in operating activities was $(3,180,950), compared to $(1,834,188) in H1 2025.

On the balance sheet, total assets increased to $68,790,350 from $42,964,683 at December 31, 2025. The filing notes the addition of equity investments at fair value through other comprehensive income of $20,546,613, which had no balance at year-end 2025. Total liabilities decreased to $8,380,929 from $18,530,980, and shareholders' equity rose to $60,409,421 from $24,433,748. The accumulated deficit stood at $(96,103,707) as of June 30, 2026, compared to $(82,334,728) at December 31, 2025. The filing was signed by Sun Lei, Chief Executive Officer.

What Was Disclosed

JX Luxventure Group Inc. disclosed unaudited interim condensed financial statements for the six months ended June 30, 2026 and 2025, covering the income statement, balance sheet, and cash flow statement, along with a press release furnished as Exhibit 99.1.