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ACCESS Newswire·

NWPG Reports First-Half 2026 Results: Revenue Up 18.4%, Gross Profit Up 52.9%

  • Newport Gold (NWPG) reported H1 2026 financial results covering the first full quarter of NFI Empire operations following a March 25, 2026 reverse merger.
  • NFI Empire operates as a wholly owned subsidiary focused on integrating brick-and-mortar automotive services with a proprietary digital platform.
  • The company completed its 61,000 sq. ft. three-facility campus in North East, PA, to support inspection, reconditioning, & logistics.
  • H1 2026 revenue reached $5,082,123, an 18.4% increase from $4,293,030 in H1 2025.
  • Gross profit surged 52.9% to $1,542,572, driven by a gap where cost of goods sold grew only 7.8% against revenue growth.
  • Net income increased 211% to $233,143 from $74,912 in the prior year period.
  • SG&A expenses rose 25.7% to $1,309,429 due to expansion costs & public company requirements, with management expecting moderate future growth.
  • The company is finalizing its independent audit to prepare for an uplist to the OTCQB market.
  • NFI Empire is completing its digital auction platform & "Empire Rides" media engine ahead of a public launch.
  • Newport Gold has ceased all mining operations & functions solely as a holding company for the automotive-focused NFI Empire.