OpenWorld, Inc. Reports 2026 Third Quarter Results; First Quarterly Results as a Nasdaq-Listed Company
Key Highlights
- ➤RWA infrastructure revenue $6.4 million, versus zero in the prior-year quarter
- ➤Gross profit $6.3 million, with gross margin expanding to 84%
- ➤GAAP net loss $10.2 million, or $0.93 per diluted share
- ➤Non-binding LOIs exceeded $1.1 billion for proposed tokenized financing programs
- ➤OpenWorld completed a $3.5 million registered direct offering after quarter-end
Expert Statements
Matthew Shaw, Chairman and Chief Executive Officer of OpenWorld
“Q3 2026 was a defining quarter as we completed our transition to the public markets and accelerated our evolution into a high-margin RWA platform and major deal-origination company,” said Matthew Shaw, Chairman and Chief Executive Officer of OpenWorld. “Revenue from our RWA business grew from zero a year ago to more than $6 million in the 2026 third quarter and $9 million for the first nine months of the year, while we maintained exceptional gross margins of more than 80%. At the same time, we continue to advance a pipeline of large-scale tokenized financing programs that position OpenWorld at the center of institutional RWA activity in AI infrastructure, energy, and intellectual property.”
Matthew Shaw, Chairman and Chief Executive Officer of OpenWorld
“We see growing interest in RWA tokenization from some of the largest companies in the world and we expect to make consistent progress on advancing our discussions into definitive agreements. We are off to a strong start with our third quarter revenue growth, strong gross margins, and positive Adjusted EBITDA representing just the starting point for what we believe our business model can deliver.”
LAKE MARY, Fla., Nov. 12, 2026 (GLOBE NEWSWIRE) -- * Real-world assets (“RWA”) revenue increased to approximately $6 million in Q3 2026 from zero in Q3 2025 * Achieved Gross margins of approximately 80% * Secured $1.1 billion in non-binding letter of intent (“LOI”) signings subsequent to Q3 Quarter-end with definitive agreements and DeFi capital formation now underway OpenWorld, Inc. (NASDAQ: OPNW) (“OpenWorld” or the “Company”), a technology-powered digital assets and blockchain innovation company focused on real-world asset (“RWA”) tokenization, today reported financial results for the third quarter ended September 30, 2026. The third quarter financial results presented in this press release primarily reflect the operating results of legacy OpenWorld, the accounting acquirer in the reverse takeover transaction with VerifyMe, Inc. (“VerifyMe”) completed on September 30, 2026. The Company's third quarter operating results do not include VerifyMe’s pre-transaction operating results, while the September 30, 2026 consolidated balance sheet reflects the combined entity.
Get started
Create a free account to read the full story.