Streamex Reports Third Quarter 2026 Results
Key Highlights
- ➤GLDY gold holdings rose 240 ounces to 3,351 in the third quarter
- ➤GLDY outside ownership doubled to 17.7%; assets under management reached $14.0 million
- ➤Third-quarter net loss widened to $17.5 million, or $0.09 per share
- ➤Debt-free balance sheet held $36.5 million total liquidity and $13.2 million cash investments
- ➤Management targets monthly operating cash burn of $1.1 million-$1.3 million next quarter
Expert Statements
Henry McPhie, Co-Founder and Chief Executive Officer of Streamex
“Q1 launched GLDY, Q2 built the distribution around it, and Q3 was about scaling that distribution and adoption”
Henry McPhie, Co-Founder and Chief Executive Officer of Streamex
“Over the last ninety days, an institutional investment manager began running a gold carry strategy with GLDY as its long leg, outside ownership doubled, and the Cask Foundation began bootstrapping liquidity for its first product, USGY.”
Henry McPhie, Co-Founder and Chief Executive Officer of Streamex
“Next week, GLDY goes live as the first tokenized asset on Equity Trust’s IRA platform.”
Henry McPhie, Co-Founder and Chief Executive Officer of Streamex
“This is not scale yet, but the drivers that can get us there are now live or under way.”
Christine Plummer, Chief Financial Officer of Streamex
“We ended the quarter debt-free with $36.5 million of total liquidity”
Christine Plummer, Chief Financial Officer of Streamex
“Most of our net loss is non-cash.”
Christine Plummer, Chief Financial Officer of Streamex
“Burn came in above what we expected in August, and bringing it down to a range of $1.1 million to $1.3 million a month while assets build is a priority.”
Christine Plummer, Chief Financial Officer of Streamex
“Our fees scale with assets against a largely fixed cost base, so once fees cover fixed costs, incremental assets should flow through to Adjusted EBITDA.”
240 net new ounces behind GLDY, up from 15 in Q2; Cask Foundation begins liquidity bootstrapping for USGY; debt-free with $36.5 million total liquidity position(()(1))
WINTER PARK, Fla., Nov. 12, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a technology company building the future of the commodity markets through tokenization, today announced financial results for the third quarter and nine months ended September 30, 2026.
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