Legend Internet Plc has reported an operating loss of N350.3 million for the nine months ended April 30, 2026, compared to a profit of N281 million in the same period last year. Revenue declined 15.1 percent to N871.1 million, driven by a 142 percent surge in administrative expenses. Despite the current downturn, the company maintains a 61 percent gross margin and is banking on an aggressive expansion strategy, supported by recent infrastructure acquisitions and N6.88 billion in new loan financing, to drive long-term recovery and revenue growth.