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Nov 14, 2025 8:00 AM

Else Nutrition Reports Significant Operational Turnaround in Q3 2025 with Gross Margin Expansion and Cost Reduction

Conference call to be held on Monday, November 17 at 10:00 AM Eastern Time

VANCOUVER, BC, Nov. 14, 2025 /PRNewswire/ - ELSE NUTRITION HOLDINGS INC. (BABY) (BABYF) (0YL.F) ("Else" or the "Company"), today reported financial results for the 2025 third quarter ended September 30, 2025. The financial statements and MD&A are available on SEDAR under the Company's profile.

2025 Third Quarter Financial Results:All figures are in CAD unless otherwise indicated.

Gross Profit Margin (GPM) surged to 34%, compared to negative 9% in Q3 2024 and negative 4% in Q2 2025, reflecting successful cost optimization and manufacturing transition.

Operating expenses decreased by 68% year-over-year, totaling $1.15 million in Q3 2025 vs. $3.56 million in Q3 2024, driven by disciplined cost management.

Operating loss reduced to $0.58 million compared in Q3 2025 vs. $3.72 million in Q3 2024, marking a major milestone in financial sustainability.

Revenue remained stable at $1.66 million, slightly down from $1.79 million in Q3 2024 due to temporary out-of-stock issues, which the Company is actively addressing.

Cash position at quarter-end: $91K (including restricted cash).

Significant reduction of 46% in trade payables from $2.84 million as of December 31, 2024 to $1.53 million as of September 30, 2025, strengthening the Company's ability to manage its debt.

"The third quarter represented a period of stabilization, ...

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