Overview

* Auxly Q2 net revenue rises 33% yr/yr to C$38.8 mln

* Adjusted EBITDA for Q2 jumps 123% yr/yr to C$11.6 mln

* Net income for Q2 surges 315% yr/yr to C$8.3 mln

Outlook

* Auxly expects continued revenue growth in H2 2025

* Company plans $1.5 mln to $2.5 mln for capital projects in 2025

* Auxly evaluating export opportunities for international markets

* Company anticipates Canadian market growth from increasing social acceptability

Result Drivers

* INCREASED DEMAND - Auxly attributes 33% revenue growth to increased demand and expanded distribution, per CEO Hugo Alves

* PRODUCTION EFFICIENCIES - Gross margin improved to 52% due to production efficiencies

* BRAND TRUST - Strong consumer trust in Auxly's brands contributed to maintaining and increasing market share

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 C$38.80

Revenue mln

Q2 Net C$8.30

Income mln

Q2 C$11.60

Adjusted mln

EBITDA

Q2 Gross C$22.69

Profit bln

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)