07:11 AM EDT, 05/14/2025 (MT Newswires) -- Big Rock Brewery ( BRBMF ) on Wednesday reported a narrower first-quarter net loss as revenue rose.
For the three months ended March 31, the net loss shrunk to $0.05 million, or breakeven per share, compared with a loss of $3.1 million, or $0.44 per share, a year earlier.
Net revenue increased to $11.2 million compared with $8.6 million, a year-ago, because of increased co-packing sales volumes.
"Growth of contract sales volumes allows the Corporation to flatten the historically seasonal production and sales curve which not only improves operational efficiencies but improves profitability as a significant portion of the Corporations costs are fixed," said Big Rock Brewery ( BRBMF ) Chief Executive David Kinder. "The management team is also working to mitigate the impact of the recently announced changes to the Alberta Markup Share and ongoing turmoil with global tariffs."