Tuttle Stock Surges 28% After Narrowing Full-Year Loss

Kevin Ip

·Mar 31 2026, 10:05

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Key Takeaways:

Tuttle reported a full-year loss of $3.28 billion, a significant improvement from the $3.98 billion loss in the prior year.
The positive market reaction sent the company's stock price soaring by more than 28 percent in a single session.
Despite the narrowed loss, annual revenue declined by 3.4 percent to $154 million, and no dividend was declared.

Tuttle (02665.HK) shares surged 28.255 percent after the company announced its full-year loss for 2025 narrowed to $3.28 billion, signaling potential improvements in operational efficiency.

The sharp rally suggests investors are focusing on the improved bottom line as a sign of a potential turnaround, despite a concurrent dip in annual revenue. The market's bullish reaction indicates a willingness to look past top-line weakness in favor of significant cost management gains.

The company's revenue for the year ending in December was $154 million, a decrease of 3.4 percent year-on-year. The reported loss per share stood at $1.1. Tuttle confirmed that it would not distribute a dividend for the period.

While the significant narrowing of losses provides a strong bullish catalyst, the continued unprofitability and declining revenue remain key risks. Investors will be watching to see if the company can sustain this cost management and translate it into a path to profitability in the coming quarters.

This article is for informational purposes only and does not constitute investment advice.