09:01 AM EDT, 09/16/2025 (MT Newswires) -- Else Nutrition ( BABYF ) , a food and nutrition company, Tuesday reported a gross loss from a year-ago gross profit, as revenue fell in the second quarter.

For the three months ended June 30, the company reported a loss of C$0.06 million, compared with a profit of $0.26 million a year earlier.

Revenue for the quarter decreased to $1.5 million, compared with $2.6 million a year-ago.

The company noted that late 2024 deductions totaling about $270,000 in the U.S. and Canada reduced both revenue and gross profit, "though these were not reflective of Q2's operating performance."

"Despite continued macroeconomic pressures and funding constraints, we streamlined operations, advanced regulatory momentum, and continued to build a pipeline for long-term sustainable growth," said Else Nutrition ( BABYF ) chief executive officer Hamutal Yitzhak.

"From a financial standpoint, revenue was impacted by temporary inventory constraints and out-of-stocks, however, demand for our products remains strong and production is now underway with expected availability next month."

Yitzhak said the company aims to achieve cash-flow positivity by late 2026 or early 2027.

Shares of Else Nutrition ( BABYF ) closed unchanged at $0.02 on Monday on the Toronto Stock Exchange.