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EMERGE Brand, T2G, Drives 34% Revenue Growth, Cash Flow Exceeds Purchase Price (Upfront) in its First Quarter Post-Acquisition
EMERGE Brand, T2G, Drives 34% Revenue Growth, Cash Flow Exceeds Purchase Price (Upfront) in its F...
About this update from Emerge Commerce Ltd
[{"type":"text","content":"\n\n\n\n EMERGE Brand, T2G, Drives 34% Revenue Growth, Cash Flow Exceeds Purchase Price (Upfront) in its First Quarter Post-Acquisition\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 \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n TORONTO\n \n\n ,\n \n\n July 9, 2025\n \n\n /CNW/ -\n \n\n EMERGE Commerce Ltd\n \n\n . (TSXV: ECOM) (\"\n \n EMERGE\n \n \" or the \"\n \n Company\n \n \"), a Canadian portfolio of premium brands, is pleased to provide a corporate update on\n \n Tee 2 Green (\"T2G\")\n \n , its latest golf apparel and equipment acquisition, which closed on\n \n April 4, 2025\n \n .\n \n\n T2G's first quarter under EMERGE ownership, Q2 2025, delivered exceptional organic revenue growth of 34% year-over-year (\"YoY\"), exceeding management's expectations. The strong performance was fueled by EMERGE's targeted digital advertising and cross-brand synergies within its golf vertical. The acquisition, completed just ahead of T2G's seasonal peak, enabled EMERGE to fully capitalize on heightened consumer demand during the spring golf season.\n \n\n As a result of the flexible deal terms and stronger-than-anticipated revenue growth\n \n ,\n \n cash flow generated by T2G in its first quarter under EMERGE comfortably exceeded the\n \n $1.1M\n \n upfront cash payment\n \n\n made by EMERGE to complete the transaction on\n \n April 4, 2025\n \n .\n \n\n\n\n In 2024, T2G achieved revenue exceeding\n \n $6M\n \n , Adjusted EBITDA\n \n (1)\n \n of\n \n $1M\n \n , and net income of\n \n $700K\n \n (unaudited). Management is encouraged by these preliminary Q2 results at T2G, particularly the speed at which these digital advertising and golf portfolio synergies have been unlocked, and sees potential for continued growth and optimization.\n \n\n\n Ghassan Halazon, Founder and CEO, EMERGE\n \n commented, \"T2G's exceptional first quarter under EMERGE, alongside continued momentum across our grocery and golf portfolio, positions us for an excellent Q2 overall, exceeding management's expectations across revenue, profitability and cash flow. We're especially pleased that...