SRx Health Solutions, Inc. has executed a definitive agreement to acquire EMJ Crypto Technologies, a digital-asset treasury platform, expected to close in the first half of 2026. The company strengthened its balance sheet with $13.1 million in cash at the end of the quarter and deployed $18 million into Bitcoin and Ethereum as part of its digital treasury strategy.

In the fiscal first quarter of 2026, SRx Health Solutions reported a net loss of $8.6 million, with net sales of $2.8 million. The company announced a definitive agreement to acquire EMJ Crypto Technologies and deployed $18 million into cryptocurrency during the quarter. The company’s gross margin improved to 38%.

SRx Health Solutions improved its balance sheet with $13.1 million in cash and cash equivalents as of December 31, 2025. The company raised funds through the issuance of common stock and preferred stock, partially offset by investments in digital assets and debt repayment. The company reported a net loss of $8.6 million for the quarter.

Adjusted EBITDA is a key measure used by SRx Health Solutions to evaluate its operating performance and make strategic decisions. The company defines Adjusted EBITDA as EBITDA adjusted to eliminate certain items not indicative of core operations. Adjusted EBITDA for the first quarter of 2026 was $(1.057) million.

Forward-looking statements in SRx Health Solutions’ press release caution that actual results may differ from expectations due to various risks and uncertainties. The company undertakes no obligation to update these statements. For more information, contact Kent Cunningham, CEO of SRx Health Solutions.

Read more at GlobeNewswire: SRX Health Solutions Inc. Announces Fiscal First Quarter