Business
Delota Reports Financial Results for the Three Months Ended June 30, 2025
Highlights: Total revenue of $10.0 million for Q1 202636% gross profit margin for Q1 2026Positive Adjusted EBITDA of $0.3 million for Q1 2026Segmented revenue for Q1 2026: Vape - B2C: $7.7 million, B2B: $1.4 millionCannabis - B2C: $1.0 millionCompleted the early redemption of senior secured convertible debentures in the amount of $900,000 plus accrued interestCustomer base of over 300,000 registered accounts across online and brick-and-mortar platformsVaughan, Ontario--(Newsfile Corp. - August..
About this update from Delota Corp
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