07:36 AM EST, 12/02/2025 (MT Newswires) -- Replenish Nutrients Holding ( VVIVF ) overnight Monday reported a net loss in the third quarter, citing the increase in loss to a one-time gain in non-cash changes in contingent consideration in the prior year.
For the three months ended Sept. 30, net loss was $1.5 million or $0.01 loss per share compared with net earnings of $1.8 million or $0.01 earnings per share, a year earlier.
Revenues decreased to $1.98 million in Q3 compared with $2.1 million, a year-ago, due to lower total sales volumes partially offset by higher average pricing in the fertilizer segment and by lower total revenues in the power segment due to lower average power pricing and maintenance activities.
The company expects continued revenue and margin improvements in the fourth quarter with a mix of granulated and blended fertilizer sales.
Replenish Nutrients ( VVIVF ) also announced that its Beiseker facility successfully demonstrated hourly production rates of 4 to 5 metric tonnes per hour, confirming its "ability to achieve targeted monthly output of approximately 2,000 metric tonnes once final load-out tower conveyance work is complete and 24-hour labour shifts are fully implemented."
Shares of the company closed unchanged at $0.17 on Monday on the Canadian Securities Exchange.