07:16 AM EST, 11/20/2025 (MT Newswires) -- MiniLuxe Holding ( MNLXF ) overnight Wednesday reported a widened net loss in the third quarter, despite an increase in its revenue.

For the 13 weeks ended Sept. 28, the company reported net loss of US$2.2 million, compared with $1.7 million, a year earlier.

Revenue increased to US$7.3 million in the quarter, compared with $6.8 million, a year-ago. The company saw a 11% system-wide growth to $7.6 million, year-over-year.

MiniLuxe ( MNLXF ) said its strategy is focused on "strengthening unit economics across its base of 24 MiniLuxe ( MNLXF ) studios through well-defined KPIs and operating systems, while expanding growth through M&A and franchise operating partners."

Shares of the company last traded on Nov. 14, closing at C$0.335 on the TSX Venture Exchange.