Add as a preferred source on GoogleSaltire Capital Ltd. Posts $26.82 Million Nine-Month Profit as Revenue Jumps 237.6%
Adjusted EBITDA rose to $10.21 million from $1.61 million, while operating cash flow reached $4.55 million.
Saltire Capital Ltd. recorded $26.82 million in nine-month net income, compared with a year-earlier loss, as revenue climbed 237.6% to $97.19 million over the same period.
Adjusted EBITDA increased to $10.21 million from $1.61 million in the prior-year period. Saltire generated $4.55 million in operating cash flow during the nine months.
Saltire ended the quarter with $7.03 million in cash, compared with $5.10 million as of Dec. 31, 2025. Drilling Tools International Corporation targeted a first-quarter 2027 close for its Saltire acquisition.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.