08:13 AM EST, 11/24/2025 (MT Newswires) -- Trubar ( TRBRF ) said Monday that third-quarter net revenue and adjusted EBITDA both advanced.

The company, which manufactures plant-based protein products, said net revenue jumped 88% to US$21.6 million.

Adjusted EBITDA rose to $1.4 million from the $1 million in the previous corresponding quarter.

Trubar ( TRBRF ) reaffirmed its full year 2025 guidance for net revenue of $65 million to $70 million.

Chief Executive Erica Groussman said the company's focus on increasing household penetration of the Trubar brand helped drive an 88% surge in net revenue, including a 206% increase in retail sales and a 170% increase in direct-to-consumer sales.

"During the quarter, we expanded TRUBAR ( TRBRF ) distribution into more than 500 additional U.S. grocery stores, launched the TRUBAR Kids line at Sprouts, and continued our Canadian retail expansion," Groussman added.