Business
Delivra Health and Its Brands Dream Water (TM) and Livrelief (TM) Report Positive Adjusted EBITDA(1) for Third Quarter of Fiscal 2025
Strong marketing momentum led to growth in units sold and drove revenue growth this quarter leadi...
About this update from Delivra Health Brands Inc
[{"type":"text","content":"Delivra Health and Its Brands Dream Water (TM) and Livrelief (TM) Report Positive Adjusted EBITDA(1) for Third Quarter of Fiscal 2025Strong marketing momentum led to growth in units sold and drove revenue growth this quarter leading to positive adjusted EBITDAVancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) (\"Delivra Health\" or the \"Company\"), a consumer packaged goods company uniquely positioned in the health and wellness sector, is pleased to announce its financial and operating results for the three and nine months ended March 31, 2025. The Delivra Health portfolio features innovative brands Dream Water® and LivRelief™, which deliver relief from common health issues such as sleeplessness, chronic pain and anxiety.Management Commentary \"The Company has once again delivered strong revenue results, achieving a 3% year-over-year increase in revenue producing positive adjusted EBITDA (\"Adjusted EBITDA\")(1) for the third quarter ending March 31, 2025 (\"Q3 2025\"). At the same time, we remain committed to strategically investing in the business by increasing market awareness, driving innovation, and expanding our marketing efforts to further elevate the visibility and reach of our brands,\" said Gord Davey, President and Chief Executive Officer of Delivra Health. \"We extend our sincere thanks to our shareholders and stakeholders for their continued support of Delivra Health. The financial results for Q3 2025 have laid a strong foundation for the fourth quarter and an ambitious and successful fiscal 2026. \"The Company has increased its Dream Water brand product offerings to Canadian consumers by launching important line extensions in the marketplace. We have extended our Sleep Shot offerings, bringing the success of Immunity Citrus Shots to the consumer. In addition to the shots, we have also introduced our Sleep Gummies in Canada for both our 6-count convenience pack and 60-count multi-pack which are designed to further capture growth opportunities within the travel, convenience, grocery, drug/pharmacy retail and online. These products are available in numerous accounts and have been welcomed by our key customers such as Shoppers Drug Mart, Loblaws, Circle K and our airport channel. \"Our strategic marketing initiatives are increasing brand awa...