Business
Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update
Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update ...
About this update from Else Nutrition Holdings Inc
[{"type":"text","content":"Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update\n\n\n\n Else Nutrition Reports 2025 First Quarter Financial Results and Provides Business Update\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n PR Newswire\n \n\n\n\n\n Conference call to be held today at\n \n 10:00 AM Eastern Time\n \n\n\n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n Aug. 21, 2025\n \n\n /PRNewswire/ -\n \n ELSE NUTRITION HOLDINGS INC.\n \n (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL.F)\n \n (\"Else\"\n \n or the\n \n \"Company\"),\n \n today reported financial results for the 2025 first quarter ended\n \n March 31, 2025\n \n . The financial statements and MD&A are available on\n \n SEDAR\n \n under the Company's profile.\n \n\n\n\n\n\n\n\n\n\n 2025 First Quarter Financial Results\n \n\n All figures are in CAD unless otherwise indicated.\n \n\n\n Revenue for the first quarter of 2025 was\n \n $2.1 million\n \n , the same level as the first quarter of 2024.\n \n\n Operating expenses for the first quarter of 2025 were\n \n $2.2 million\n \n , a decrease of 48% compared to\n \n $4.2 million\n \n for the first quarter of 2024.\n \n\n Gross profit for the first quarter of 2025 increased to\n \n $0.5 million\n \n , compared to\n \n $0.18 million\n \n for the first quarter of 2024.\n \n\n Gross profit margin for the first quarter of 2025 increased significantly to 25%, compared to 8% in the first quarter of 2024.\n \n\n Cash balance as of\n \n March 31, 2025\n \n , was\n \n $0.2 million\n \n (including restricted cash).\n \n\n\n \"As we entered 2025, we continued reshaping Else Nutrition—implementing strategic changes essential to long-term success,\" commented\n \n Hamutal Yitzhak\n \n , CEO & Co-Founder of Else Nutrition. \"Despite the lingering headwinds from 2024, we held revenue steady while significantly reducing operating expenses and driving a sharp improvement in gross profit. We are now operating with more discipline, sharper focus, and growing confidence in our direction. We've made tough but necessary decisions to rea...