Ealixir Reports Third Quarter 2026 Results

(OTCID:EAXR) Ealixir Inc. reported its unaudited financial results for the three-month and nine-month periods ended September 30, 2026. Eleonora Ramondetti, Chief Executive Officer of Ealixir, stated that the company began implementing GINA, its proprietary operating system, for content removal services in September 2026. GINA is designed to centralize data, analysis, commercial activities, operational workflows, reporting, and client management, and will be progressively integrated with additional service offerings. Ealixir continued advanced development of its proprietary technology platform, EALUMINATE, which powers RepuTrust and the company's digital identity solutions. The company also built its media and communications presence through the Affaritaliani initiative, overseeing editorial and advertising activities for the Rome and Lazio section of a leading Italian digital news platform, with the 24-month initiative beginning in June 2026. Expansion into additional markets, including Milan, is under evaluation by Affaritaliani and Ealixir. Revenue for Q3 2026 increased 7% to $1.0 million compared to $0.9 million in Q3 2025, and represented an 18% sequential increase from $0.86 million in Q2 2026. For the nine months ended September 30, 2026, revenue increased 19% to $2.7 million compared to $2.3 million for the same period in 2025. Net income for the nine months ended September 30, 2026 was $0.11 million, compared to $0.03 million in the prior-year period. Third-quarter revenue growth was primarily driven by increased ancillary services revenue, while nine-month growth reflected higher revenue from both removal and ancillary services. Gross profit for Q3 2026 was $0.78 million, or 77% of revenue, compared to $0.77 million, or 81% of revenue, in Q3 2025. The increase in gross profit was due to higher revenue, partially offset by increased cost of sales, which grew faster than revenue and reduced the gross margin. Total operating expenses for Q3 2026 decreased 3% to $0.56 million, compared to $0.57 million in Q3 2025, due to lower general and administrative expenses partially offset by higher advertising and marketing expenses. Net income for Q3 2026 was $0.21 million, compared to $0.22 million in Q3 2025. The prior-year quarter included a $26,651 gain on forgiveness of debt, with no corresponding gain in Q3 2026.