$50 million gift promises to further advance CSF Leak Program’s patient access, research and innovation

AURORA, Colo., Sept. 24, 2026 /PRNewswire/ — On an early summer day in 2017, Jen MacKenzie’s busy and fulfilling life as a wife and homeschool mom suddenly began to slip away. She woke up with what felt like severe jet lag – a headache and profound fatigue. Within a couple of months, she was engulfed by other symptoms that left her sidelined from a normal active life: nausea, dizziness, brain fog and hyper-sensitivity to sounds.

“For me, it was a very specific onset. It felt like I was in quicksand,” said the mother of two children, then ages 8 and 12. “I was grounded from daily life.”

Jen’s debilitating symptoms gradually robbed her of her ability to cook, drive and do most daily activities. The headache felt like a warm brick at the base of her skull. “It wasn’t a headache in the commonly understood sense,” she said. “It was weighted and warm, and deeply unsettling to experience.”

Meanwhile, she described the dysfunction of her sensory systems as its own kind of pain. “It’s really disorienting,” she said. “It just felt like there were lots of aspects of pain and dysfunction that were happening simultaneously.”

Why CSF leaks can take years to diagnose

During those first years, she saw her primary physician and specialists, including multiple neurologists, getting diagnosed with migraine, new daily persistent headache, cervicogenic headache, medication-overuse headache, temporomandibular dysfunction and other conditions. “None of the treatments did anything to provide relief or reduce the head pain,” said Jen, who lives in Washington state.

She steadfastly explained to doctors what her life was like before the quicksand. “Honestly, I felt like I was going crazy, but I tried to trust that I knew what I was experiencing.”

Almost exactly two years after onset, a primary physician suggested she might have a CSF leak, having seen a patient with similar symptoms a few years earlier. That prompted her to seek care specific to CSF leaks, including specialists out of state.

Her difficult journey continued for 5-1/2 years – “flat on my back staring at the ceiling” (with increased headache pain when standing a hallmark of CSF leaks) – before Jen learned of Andrew Callen, MD, and the Cerebrospinal Fluid (CSF) Leak Program at the CU Anschutz School of Medicine.

She vividly remembers the phone call in which Callen quietly listened and said, “I’m happy to help.” It was the moment Jen began to reclaim her life.

How a $50M gift will expand CSF leak care and research

Cerebrospinal fluid surrounds and protects the brain and spinal cord. When that fluid leaks, the resulting pressure changes can cause headaches and other neurological symptoms.

In just a few years, CU Anschutz has grown into one of the nation’s leading centers for CSF leak diagnosis and treatment. Callen’s team performs about 20 CSF leak procedures a week, totaling close to 600 a year, with approximately 50% of patients being out of network, out of state and even out of country, he said. “There just aren’t enough places doing this work, so people have to find somewhere to go.”

Callen said the landmark gift of $50 million from an anonymous donor will help “supercharge” the CSF Leak Program’s patient access, research, innovation and overall impact for this undertreated and underdiagnosed illness.

What is a CSF leak?

Cerebrospinal fluid is a clear liquid that surrounds the brain and spinal cord. It serves as a shock absorber to cushion the brain and spinal cord from sudden impact or injury, also making the brain feel lighter and keeping lower structures from being crushed by their own weight. It carries nutrients to the central nervous system and clears metabolic waste products from brain tissue. A leak can produce multiple debilitating symptoms, including headaches that worsen when standing. 

Millions of women in the United States receive neuraxial anesthesia during childbirth each year, and accidental dural puncture is a recognized complication that can result in persistent symptoms in a subset of patients, Callen said. “And that is only one source of CSF leaks. We still have remarkably little population-level data on spontaneous leaks, so the true burden of this disease remains poorly understood.”

The transformative gift will also help grow the CSF Leak team with additional specialists “who can devote their whole self to this,” Callen said. “With our staffing model, we’re booked into mid-2027 right now. And these people are, as Jen says, staring at the ceiling and suffering in silence. That’s unacceptable.”

Parents instill patient-centered care

Callen grew up in California’s Bay Area and is the son of doctors. His late father was a pioneer in obstetric ultrasound, writing the textbook “Callen’s Ultrasonography in Obstetrics and Gynecology.”

“He used to always say to me as I was coming up through training (at the University of California San Francisco School of Medicine), ‘Don’t go into academics … It’s all this stuff on these numbers and measurements; it’s not about the patient anymore,'” Callen said.

“I was like, ‘Dad, what are you talking about? You base your whole career on this. You love your job.'”

Passionate, patient-centered care was clearly ingrained in the younger Callen. He regularly sees heavy psychological burdens being carried across painful, frustrating and time-consuming patient journeys. According to CU Anschutz researchers in collaboration with the Spinal CSF Leak Foundation, nearly 80% of patients reported being misdiagnosed and saw a median of more than six clinicians before receiving the correct diagnosis.

“They’re sick. They need help. Not in their head, but in their spine,” Callen said. “So they arrive at their appointment, and I just feel devastated for them because it reminds me of somebody who is accused of a crime they didn’t commit.”

A critical moment of the treatment, he said, is sitting with the patient and listening to their story – free of preconceived notions. It’s not uncommon for patients to show him pictures of their lives pre-onset – running marathons, climbing mountains, traveling the world, caring for their families.

“It is therapeutic for someone to say, ‘I believe you. I believe you, and I’m not a miracle worker. I can’t guarantee I’m going to find something to fix you, but I believe you. There’s something going on here. You’re not crazy.'”

How doctors diagnosed Jen’s complex CSF leak

For Jen, the crushing claustrophobia of her condition – the relentless pain, sensory dysfunction, cognitive fog and nausea – began to finally lift after she arrived in Aurora.

Callen diagnosed her as having an iatrogenic CSF leak, meaning it was caused by a medical procedure. Using a specialized MRI protocol designed for detecting subtle CSF leaks, he localized a “bleb” along her lumbar spine: a small outpouching of the dura characteristic of a prior needle injury – and in retrospect this had been present on her earliest MRIs. After discussing this finding with her, it was suspected that when given an epidural during labor with her first child, the needle accidentally poked through the dura, which surrounds and contains the CSF in the spine.

Unlike iatrogenic/doctor-caused CSF leaks, a spontaneous spinal CSF leak occurs without a preceding medical procedure or specific precipitating event.

There are three subtypes of spontaneous leak:

a bone spur that pierces a hole in the front of the dura;a tear in the side of the dura, near where the nerve exits the spine;a CSF venous fistula, which is an abnormal connection between the normal space containing CSF within the dura and veins outside the dura. Venous fistulas weren’t described until 2014 and require more research as they still aren’t well understood.

A patch, then surgery

Jen’s treatment began with a patch using fibrin glue, a sealant made from pooled donated human plasma that is distinctly different from a typical blood patch. “Every one of these procedures is really something different, depending on the type of leak they have,” Callen said.

The patch procedure took place in December 2022, giving her immediate, though temporary, relief. Her family then traveled home to Seattle, where she finally settled back into the living room couch.

Jen had spent the last couple Christmases in her bedroom as her husband had set up cameras so she could see her family opening gifts. “We shared Christmas for the first time in years,” she said, holding back tears.

In February 2023, Jen returned to CU Anschutz for surgery performed by Callen’s neurosurgical partner and leak program co-director Peter Lennarson, MD, and the CSF Leak team. Using a minimally invasive surgical approach, Lennarson repaired the bleb.

“Once I was awake and had my full faculties back, I was feeling better,” Jen said. “I knew it worked.”

What recovery after CSF leak treatment can involve

She went through a “rebound intracranial hypertension” period where her symptoms fluctuated, and some new symptoms appeared, as her body re-accommodated to her new sealed state. It wasn’t until September 2025 – 2-1/2 years after the surgery – that Jen began to drive again. “For so many people,” she said, “recovery is a really curvy line with ups and downs, so you just need patience and compassion for yourself because it’s very complicated.”

Callen said it’s common for CSF leak patients to experience rebound intracranial hypertension, which causes a different type of headache and other lingering symptoms, which can last days to months, or even longer in some cases. It’s another area where the CSF Leak Program gift will help advance research, potentially leading to better treatments.

“That’s another reason we felt we needed to have a clinic and a program, not just a procedure service,” Callen said. “For patients who’ve been living with this for a long time, after closing the leak, they develop a sort of CSF disequilibrium state. You could think about it as their internal thermostat sort of being off. They’ve been leaking for so long. You close the leak, but now the body needs to readjust.”

Back home in the Pacific Northwest, Jen is once again an active participant in her own life. She is grateful for the freedom to travel and savor life’s simple joys – from taking a walk to going out to dinner. Even everyday tasks such as cooking and running errands have become meaningful opportunities to rebuild confidence and independence, caring for herself and supporting her family.

“Being able to plug back into these milestone moments with my kids is what I live for,” she said.

She often thinks about Callen and how his expertise and kind, respectful manner made all the difference. “I’ve been so pleased watching him flourish,” she said. “He’s one of the good ones, and I experienced it firsthand.”

Brighter future for CSF leak patients

Bolstered by the $50 million gift and looking decades into the future, Callen envisions a much more accessible care landscape for patients suffering from CSF leaks. He hopes stories of extreme perseverance, like Jen’s long and painful path to diagnosis and treatment, will become a thing of the past.

When he comes home from work, his kids often ask what he did all day.

“I say, ‘Well, I help people,'” Callen said. “I mean, it doesn’t get better than that. It’s pretty awesome. So, all of this – the gift, my job, my patients, their grace and gratitude – I am just overwhelmed with gratitude from all directions.”

CONTACT:
Chris Casey
Director of Digital Storytelling
Christopher.casey@cuanschutz.edu

View original content to download multimedia:https://www.prnewswire.com/news-releases/how-cu-anschutz-experts-diagnosed-and-treated-a-complex-csf-leak-after-years-of-misdiagnoses-302889750.html

SOURCE University of Colorado Anschutz

PHILADELPHIA, Sept. 24, 2026 /PRNewswire/ — The Board of Trustees of Aberdeen Intermediate Income Fund (NYSE: MIN) has approved a 1-for-6 reverse stock split of the Fund’s issued and outstanding common shares.

Under the terms of the transaction, every six common shares will be consolidated into one common share. The transaction will apply equally to all shareholders and will not affect any shareholder’s proportionate ownership interest, other than minor adjustments resulting from the treatment of fractional shares.

The Board approved the reverse stock split to increase the Fund’s per-share market price. The Board believes a higher share price may reduce certain trading and administrative frictions associated with lower-priced securities, increase the Fund’s suitability for certain investment platforms and intermediary programs, and better align the Fund’s share price with industry trading conventions.

The reverse stock split will not affect the Fund’s investment strategy, net assets, or a shareholder’s proportional ownership interest in the Fund, except with respect to the treatment of fractional shares. The reverse stock split is expected to affect only the number of common shares outstanding and the net asset value (“NAV”) and market price per share and is not expected to affect the aggregate value of any shareholder’s investment in the Fund, except for the treatment of fractional shares.

The transaction is expected to become effective prior to the opening of trading on October 8, 2026. Following the transaction, the Fund’s common shares will continue to trade on the New York Stock Exchange under the symbol MIN. A new CUSIP number will be assigned to the Fund.

The reverse stock split will not alter the Fund’s current distribution policy. The Fund will continue to pay distributions at an annual rate of 8.50% based on its average monthly net asset value. The percentage of net asset value used to determine distributions will remain unchanged following the reverse stock split. However, because fewer shares will be outstanding following the reverse stock split, the distribution paid on a per-share basis is expected to increase proportionately, while the overall distribution rate remains unchanged.

Following completion of the transaction, the aggregate value of a shareholder’s investment is not expected to change solely as a result of the reverse stock split, although the market value of Fund shares will continue to fluctuate based on market conditions. No fractional shares will be issued. Fractional entitlements will be aggregated and sold, with the net proceeds distributed to affected shareholders in accordance with the terms of the transaction.

Shareholders holding shares through a brokerage account will generally have their holdings adjusted automatically. Shareholders holding physical share certificates or those with questions regarding their account should contact the Fund’s transfer agent, Computershare Trust Company, N.A., at 1-800-647-0584 or visit https://www.us.computershare.com/investor for additional information.

Important Information

Shares of closed-end funds are listed for trading on national securities exchanges and are bought and sold in the secondary market. The market price of a fund’s shares is determined by supply and demand and may be greater than (a “premium”) or less than (a “discount”) the fund’s net asset value (NAV). A fund’s investment return and principal value will fluctuate, and investors may receive more or less than their original investment upon the sale of shares. There is no assurance that a fund will achieve its investment objective. Past performance is not indicative of future results.

The trading price of a closed-end fund’s shares may be influenced by various factors, including market conditions, investor sentiment, and other external forces, and is not directly controlled by the fund, its Board of Directors, or its investment adviser. As a result, shares may trade at a premium to or discount from NAV at any given time. A premium to NAV may not be sustained, and a discount to NAV may increase or decrease over time. Investors should consider these risks when purchasing or selling closed-end fund shares.

Shareholders whose fund shares trade at a premium to NAV and who participate in the fund’s dividend reinvestment plan should be aware that distributions may be reinvested at prices above NAV, which may adversely affect investment results.

About Aberdeen Investments

Aberdeen Investments Global is the trade name of Aberdeen’s investments business, herein referred to as “Aberdeen Investments” or “Aberdeen”. In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Aberdeen Investments is among the world’s largest asset managers, with decades of experience overseeing closed-end funds dating back to the 1980s. As of June 30, 2026, the firm had approximately $527 billion in assets under management. Closed-end funds represent a core component of Aberdeen Investments’ client franchise in both the U.S. and global markets. Aberdeen and its affiliates currently manage 28 closed-end funds – 17 available in the U.S. and 11 outside the U.S. – totaling $28.3 billion in assets as of June 30, 2026.

For Shareholders Holding Shares Directly with the Fund (Non-Brokerage Accounts):
Computershare Trust Company, N.A.
1-800-647-0584
Investor Center

For Shareholders Holding Shares Through a Brokerage Account:
Please contact your financial advisor, broker, or the brokerage firm through which your shares are held.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aberdeen-intermediate-income-fund-min-announces-upcoming-reverse-stock-split-302889751.html

SOURCE Aberdeen Intermediate Income Fund

Manpower Outsourcing Revenue Increased 62.4% to US$15.6 Million; Integrated Facility Management Revenue Increased 11.1% to US$16.1 Million

Net Loss Narrowed 13.8% Year Over Year

Working Capital Improved to US$11.9 Million from a Deficit of US$1.7 Million at Year-End 2025; Total Liabilities Reduced 39%

SINGAPORE, Sept. 24, 2026 /PRNewswire/ — YYForce Inc. (Nasdaq: YFOR) (“YYForce” or the “Company,” formerly YY Group Holding Limited (Nasdaq: YYGH)), an AI-enabled workforce management platform and integrated facility management (IFM) provider operating across Asia and beyond, today announced its unaudited financial results for the six months ended June 30, 2026.

YYForce reported first-half 2026 revenue of approximately US$32.7 million, an increase of 26.8% from US$25.8 million for the corresponding period in 2025. The Company views the continued expansion of its workforce and IFM businesses as the operating foundation for its “YYForce 2030 Vision,” a long-term strategy to build an integrated workforce ecosystem connecting human workers, artificial intelligence (“AI”), humanoid robots and specialized service robotics.

First Half 2026 Highlights

Revenue increased 26.8% year over year to US$32.66 million from US$25.75 million.Manpower outsourcing revenue increased 62.4% year over year to US$15.55 million.IFM revenue increased 11.1% year over year to US$16.06 million.Gross profit was US$3.30 million and gross profit margin was 10.1%, compared with US$4.27 million and 16.6%, respectively, in the prior-year period, with the decrease primarily attributable to higher labor costs.Operating loss narrowed 32.2% year over year to US$5.21 million from US$7.68 million, primarily reflecting the absence of a US$4.06 million impairment loss on intangible asset recognized in the prior-year period.Operating loss as a percentage of revenue improved to 15.9% from 29.8% in the prior-year period.Net loss narrowed 13.8% year over year to US$7.06 million from US$8.20 million.Non-IFRS operating loss was approximately US$2.74 million and non-IFRS loss was approximately US$3.29 million.Cash was approximately US$3.08 million as of June 30, 2026.Total equity increased to approximately US$25.36 million from US$13.61 million as of December 31, 2025, primarily reflecting US$18.55 million in proceeds from the Company’s At-The-Market equity offering.Total liabilities decreased to approximately US$12.66 million from US$20.73 million as of December 31, 2025, primarily reflecting the settlement of trade and other payables and the reduction of warrant liabilities.

First Half 2026 Operational Highlights:

Management Commentary

Mike Fu, CEO of YYForce, commented: “We delivered year-over-year revenue growth of 26.8% in the first half of 2026, led by a 62.4% increase in manpower outsourcing revenue and continued expansion of our IFM operations. Beyond scaling our existing service businesses, we are laying the foundation for building a future workforce environment in which people, artificial intelligence, smart facilities, automation and robotics can increasingly work together. We are piloting service robots and plan to deploy our first agentic AI workflows and launch an AI training data lab — early steps toward operations where every task is carried out by the person or technology best suited to perform it. Meanwhile, our growing workforce and IFM operations provide the customer relationships, workforce infrastructure, facilities and real operating environments we need to validate and commercialize these technologies. As we move toward 2030, we expect YYForce to evolve from a labor-intensive service provider toward an integrated workforce service provider ready for the future, focusing on margin improvement, operating efficiency and disciplined capital allocation to create value for our stakeholders.”

Jason Phua, CFO of YYForce, added, “This period’s revenue growth came with margin pressure. Hourly wages for casual workers rose faster than our billing rates. As a result, our gross profit margin narrowed to 10.1% from 16.6%. We are addressing this directly: repricing contracts as they come up for renewal, renegotiating or exiting engagements that no longer cover their cost, tightening scheduling to reduce unbilled hours, and evaluating technology-enabled, digital and automation solutions to improve productivity. We also improved our capital structure and working capital position, ending the half with working capital of US$11.9 million compared with a deficit at the end of 2025, and reducing total liabilities by 39%. Restoring gross profit margin is our priority for the second half of 2026, and we will report our progress with our full-year results.”

First Half 2026 Financial Results

Total Revenue was US$32.7 million in the first half of 2026, up 26.8% from US$25.8 million in the same period of 2025.

Revenue from manpower outsourcing increased 62.4% to US$15.55 million from US$9.58 million in the same period of 2025. The increase was primarily attributable to stronger customer demand in Singapore and Malaysia and contributions from our Hong Kong and Thailand subsidiaries.Revenue from IFM increased 11.1% to US$16.06 million from US$14.46 million in the same period of 2025. Growth was supported by new contract wins, renewals of existing projects and full-period contributions from subsidiaries acquired in 2025, including Property Facility Services Pte. Ltd. and Uniforce Security Services Pte. Ltd.

Gross profit was approximately US$3.30 million, compared with US$4.27 million for the first half of 2025. Gross profit margin was approximately 10.1%, compared with 16.6% in the prior-year period. The decrease was principally attributable to higher labor costs across the Company’s IFM and manpower outsourcing businesses, including higher hourly wage rates for casual workers.

Operating loss decreased 32.2% to approximately US$5.21 million, compared with US$7.68 million in the corresponding period in 2025, primarily reflecting the absence of the US$4.06 million impairment loss on intangible asset recognized in the first half of 2025. Operating loss as a percentage of revenue improved to approximately 15.9%, compared with 29.8% for the corresponding period in 2025.

Net loss decreased 13.8% to approximately US$7.06 million, compared with US$8.20 million in the prior-year period. Basic and diluted loss per ordinary share was US$13.62, compared with US$311.00 in the first half of 2025. All share and per-share amounts have been retroactively adjusted to reflect the 50-for-1 and 30-for-1 reverse share splits effected on March 23, 2026 and June 23, 2026, respectively. First-half 2026 results also included a US$2.62 million net loss related to convertible notes and a US$1.73 million net gain related to warrant liabilities.

Net cash used in operating activities was approximately US$10.99 million for the first half of 2026, compared with US$0.63 million in the prior-year period, primarily reflecting the operating loss and the settlement of trade and other payables.

During the first half of 2026, net cash provided by financing activities was approximately US$16.29 million. Financing inflows included approximately US$18.55 million from the issuance of Class A ordinary shares in connection with the Company’s At-The-Market equity offering and proceeds from other financing activities.

YYForce intends to maintain a disciplined approach to capital allocation as it balances working-capital requirements, existing operations and investments supporting future growth.

YYForce 2030 Vision and Capital Allocation Strategy

On September 22, 2026, YYForce announced its 2030 Vision, its long-term roadmap for building a Future Workforce Solutions model integrating human workforce capabilities, AI-enabled workforce management, smart facility management technologies, automation and robotics. The plan builds on the Company’s existing businesses: YY Circle and Yolara AI applications for on-demand staffing and workforce solutions, humanoid and specialized service robotics offered through leasing and Robotics-as-a-Service (“RaaS”) arrangements, and smart facility management solutions through its 24iFM platform, IoT devices, sensors, smart cameras and automation technologies. Yolara AI is intended to support deployment planning, workflow integration, human-team coordination and ongoing operational support across these solutions. These AI, automation and robotics initiatives did not contribute materially to revenue during the six months ended June 30, 2026.

YYForce’s first capital allocation priority is maintaining sufficient liquidity for its existing operations, working capital needs and contractual obligations. Subject to these requirements, the Company may evaluate investments across workforce and smart facility management technology, software development, operational automation, commercial robotics, data infrastructure, geographic expansion, strategic partnerships and acquisitions. The Company expects to use partnerships, leasing arrangements and customer pilot programs to limit upfront capital commitments, and will evaluate each investment based on customer demand, technology readiness and expected returns.

FY2026 Guidance

In light of labor cost pressures in the first half of 2026, the Company is withdrawing the fiscal year 2026 outlook it issued on March 12, 2026. The Company expects to provide an updated outlook with its full-year 2026 results. Investors should no longer rely on the previously announced projections as representing the Company’s current expectations.

About YYForce Inc.

YYForce Inc. (Nasdaq: YFOR) is an AI-enabled workforce management platform and IFM provider, headquartered in Singapore and operating across Asia and beyond. The Company’s intelligent workforce solutions platform, YY Circle, helps clients across hospitality, food and beverage, retail, and other service sectors predict, plan, and optimize workforce deployment. In YYForce’s IFM business, its 24iFM software platform and comprehensive IFM subsidiary portfolio support clients across hospitality, transportation, banking, retail, and mixed-use facilities.

As both business lines scale, the Company is systematically embedding AI and automation capabilities – progressing from intelligent decision support toward increasingly autonomous workforce management – to improve service quality, reduce deployment costs, and drive long-term margin expansion. Listed on the Nasdaq Capital Market, YYForce is committed to infrastructure innovation, measurable client outcomes, and long-term value creation.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements include, among other things, statements regarding YYForce’s 2030 Future Workforce Vision; future operating and financial performance; margin improvement; operating efficiency; cash generation; technology development; artificial intelligence; digital platforms; smart facility management; automation and robotics; potential humanoid-robot applications; geographic expansion; acquisitions; strategic partnerships; capital allocation; recurring-revenue opportunities; and future commercialization of new products and services.The Company bases these forward-looking statements on its expectations and projections about future events, which the Company derives from the information currently available to it. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Forward-looking statements involve inherent risks and uncertainties, and the forward-looking events discussed in this press release may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about the Company and a number of factors. These factors include, but are not limited to, the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations, including the introduction of new products and services, expected changes in the Company’s revenues, costs and expenditures, anticipated customer growth, and demand for and market acceptance of the Company’s products and services; and industry, market and regulatory conditions, including competition, government policies and regulations affecting the Company’s industry, and other factors that may affect the Company’s financial condition, liquidity and results of operations. For a more detailed discussion of risk factors, please refer to the Company’s filings with the Securities and Exchange Commission, including the “Risk Factors” section of the Company’s most recent annual report on Form 20-F, as amended.

Non-IFRS Financial Measures 

The Company uses non-IFRS measures such as non-IFRS net loss/profit in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that non-IFRS financial measures help identify underlying trends in the Company’s business that could otherwise be distorted by the effect of certain expenses that the Company includes in its results for the period. The Company believes that non-IFRS financial measures provide useful information about its results of operations, enhance the overall understanding of its past performance and future prospects, and allow for greater visibility with respect to key metrics used by its management in its financial and operational decision-making. Non-IFRS financial measures have limitations as analytical tools and should not be considered in isolation or construed as an alternative to IFRS financial measures or any other measure of performance or as an indicator of its operating performance.

The Company’s non-IFRS measures exclude consultancy fees, convertible notes related expenses, one-time accounting adjustments, and changes in the fair value of convertible notes and warrant liabilities. The complete reconciliation is presented below. Investors are encouraged to review the reconciliation together with the Company’s IFRS financial statements and not rely on any single financial measure. Non-IFRS financial measures presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to the Company’s data. The Company encourages investors and others to review its financial information in its entirety and not rely on a single financial measure. 

For more information on the Company’s non-IFRS financial measures, please see the section titled “Unaudited Reconciliation of IFRS and non-IFRS financial measures.” 

Investor Contact

Jason Zhi Yong Phua, Chief Financial Officer
YYForce Inc.
enquiries@yyforce.ai

View original content to download multimedia:https://www.prnewswire.com/news-releases/yyforce-issues-first-half-2026-financial-results-highlighting-26-8-revenue-growth-to-us32-7-million-302889753.html

SOURCE YYForce Inc.