GOWell Energy H1 revenue increases 43% to $33.8 million

• GOWell Energy Technology (NASDAQ:GOW) reported first-half 2026 revenue of $33.8 million for its operating subsidiary, GOWell Technology Limited, up 43% from $23.6 million a year earlier.
• Operating profit increased 135% to $9.1 million, while net profit rose 38% to $3.7 million and adjusted EBITDA climbed 79% to $14.1 million.
• GOWell maintained full-year revenue guidance of $60 million–$68 million and adjusted EBITDA guidance of $25 million–$29 million, following its September business combination and Nasdaq listing.

GOWell Energy Technology (NASDAQ:GOW) reported first-half 2026 subsidiary revenue of $33.8 million, up 43% year over year, driven by stronger equipment sales and services.

Operating profit increased 135% to $9.1 million from $3.9 million, while net profit rose 38% to $3.7 million from $2.7 million.

Adjusted EBITDA increased 79% to $14.1 million from $7.9 million, reflecting revenue growth and operating leverage, although finance costs reached $4.3 million.

Cash and cash equivalents declined to approximately $2.9 million at June 30 from $6.8 million at December 31, 2025, highlighting liquidity considerations.

GOWell reiterated its full-year 2026 revenue outlook of $60 million–$68 million and adjusted EBITDA guidance of $25 million–$29 million.

The company completed its business combination with Inflection Point Acquisition Corp. V on September 25, with ordinary shares beginning Nasdaq trading under GOW on September 28.