Vinpai Releases Its 2026 Half-Year Financial Results
Key Highlights
- ➤Revenue €3,825k, down 21.9% year over year
- ➤EBITDA loss widened to €1,194k from €673k
- ➤Net loss widened to €1,699k from €1,005k
- ➤Algeria shipments halted during Q2 due to import controls
- ➤Cash position €350k as of September 30, 2026
Expert Statements
Philippe Le Ray, Chief Executive Officer and Co-founder of Vinpai
“Our underperformance in the first half of the year is almost exclusively due to an unexpected and abrupt halt in our sales during the second quarter in Algeria, where our largest customers are based and where we generate a significant portion of our total revenue.”
Philippe Le Ray, Chief Executive Officer and Co-founder of Vinpai
“This situation, which is having a major impact on our financial results, should be nevertheless temporary and the Company is working on solutions to address this issue.”
Philippe Le Ray, Chief Executive Officer and Co-founder of Vinpai
“We are doing everything in our power, drawing on the organizational resources of our parent company, CAMLIN FINE SCIENCES Limited, to return as quickly as possible to our historical sales growth rate and rapidly achieve operational profitability.”
Vinpai (ISIN: FR001400AXT1; ticker symbol: ALVIN), a specialist in the design, manufacture, and marketing of functional ingredients derived from algae and plants for the food and cosmetics industries (“Vinpai” or the “Company”), today announces its results for the first half of 2026, ended June 30, 2026, as approved by the Board of Directors today.
Philippe Le Ray, Chief Executive Officer and Co-founder, stated: “Our underperformance in the first half of the year is almost exclusively due to an unexpected and abrupt halt in our sales during the second quarter in Algeria, where our largest customers are based and where we generate a significant portion of our total revenue. This situation, which is having a major impact on our financial results, should be nevertheless temporary and the Company is working on solutions to address this issue. We are doing everything in our power, drawing on the organizational resources of our parent company, CAMLIN FINE SCIENCES Limited, to return as quickly as possible to our historical sales growth rate and rapidly achieve operational profitability.”
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