Business
Else Nutrition Reports Fiscal Year 2025 Financial Results and Highlights Operational Progress, Strengthened Financial Foundation, and Clear Path Toward Profitability
ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL.F) ("Else" or the "Company"), today reported financial results for the 2025 fiscal year ended December 31, 2025. The financial statements and MD&A are available on SEDAR under the Company's profile.
About this update from Else Nutrition Holdings Inc
[{"type":"text","content":"VANCOUVER, BC, March 30, 2026 /CNW/ - ELSE NUTRITION HOLDINGS INC. (TSX: BABY) (OTCQX: BABYF) (FSE: 0YL.F) ("Else" or the "Company"), today reported financial results for the 2025 fiscal year ended December 31, 2025. The financial statements and MD&A are available on SEDAR under the Company's profile.","length":345,"tagName":"p"},{"type":"image","alt":"Else Nutrition Holdings Inc. logo (CNW Group/Else Nutrition Holdings Inc.)","displaySize":"","headline":null,"caption":"Else Nutrition Holdings Inc. logo (CNW Group/Else Nutrition Holdings Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":204,"url":"https://media.zenfs.com/en/prnewswire.com/e02bd0ace131b490425cce144834a939"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HjzR1l_ECPvlCYXreZVg3Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2MA--/https://media.zenfs.com/en/prnewswire.com/e02bd0ace131b490425cce144834a939","width":400,"height":204}},"href":"https://mma.prnewswire.com/media/2945787/Else_Nutrition_Holdings_Inc__Else_Nutrition_Reports_Fiscal_Year.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""2025 was a transformation year for Else Nutrition," commented Hamutal Yitzhak, Chief Executive Officer and Co-Founder of Else Nutrition. "While we faced significant challenges, including funding constraints for production and operations and prolonged out-of-stock periods, we made substantial progress in improving efficiencies, reducing costs, and strengthening our financial position—laying the groundwork to resume growth in 2026 and beyond."","length":466,"tagName":"p"},{"type":"text","content":""We implemented several key operational changes. In Canada, we transitioned from a distribution model to a direct retail model and, in Q1 2026, resumed sales in major retail channels. In the U.S., we replaced both our B2B and B2C third-party logistics providers and streamlined execution. We also reduced headcount and overall expenditures, resulting in a 51% year-over-year reduction in total operating expenses."","length":424,"tagName":"p"},{"type":"text","content":""Furthermore, sales and marketing expenses were reduced by more than 60%. Despite this significant reduction, U.S. revenue declined by 18.5%, primarily driven by extended out-of-stock periods f...