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FortifAI posts $8.8m loss as Nol8 acquisition fuels technology push

5:31pm on Monday 31st of August, 2026 AEST Technology
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FortifAI posts $8.8m loss as Nol8 acquisition fuels technology push

5:31pm on Monday 31st of August, 2026 AEST
Key Points
  • Loss widened to $8.8 million, up 344%
  • Revenue declined 56.5% to $1.88 million
  • Nol8 acquisition valued at $61.5 million in IP
  • Raised $20 million through strategic placements
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