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Eshbal Reports Financial Results for Q3 and Provides Corporate Update
Eshbal Reports Financial Results for Q3 and Provides Corporate Update Canada NewsWire ...
About this update from Eshbal Functional Food Inc.
[{"type":"text","content":"\n\n\nEshbal Reports Financial Results for Q3 and Provides Corporate Update\n\n/* Style Definitions */span.prnews_span{font-size:8pt;font-family:\"Arial\";color:black;}a.prnews_a{color:blue;}li.prnews_li{font-size:8pt;font-family:\"Arial\";color:black;}p.prnews_p{font-size:0.62em;font-family:\"Arial\";color:black;margin:0in;}.prntar{TEXT-ALIGN: RIGHT}\n\n\n\n\n\nCanada NewsWire\n\n\nTSXV: ESBL\nGross Profit improved from 22% to 29% over the previous year's corresponding 3-month period. Revenues increased by US$1.4 million or 16.1% over the corresponding previous year 9-month period. Gross profit improved from 22.8% to 27% compared with the 9-month period of the prior year.VANCOUVER, BC, Dec. 1, 2025 /CNW/ - Eshbal Functional Food Inc. (TSXV: ESBL) (\"Eshbal\" or the \"Company\"), a developer of gluten-free and health-focused food products, reported its consolidated financial results for the three- and nine-month periods ended September 30, 2025, The financial statements and MD&A  are available on SEDAR under the Company's profile.\n \nThe following disclosure does not constitute full disclosure of the Company's financial and operational condition and is qualified by, and should be read in conjunction with, the Company's Management Discussion and Analysis for the period ending Sep 30, 2025 and corresponding financial statements available at sedarplus.ca\n2025 Third Quarter Financial ResultsAll figures are in U.S. Dollars unless otherwise indicated.\nStrong revenue growth, significant margin expansion, and continued progress toward North American market entry\nRevenue and Gross Margin:\nFor the third quarter, the three months ended September 30, 2025, the Company reported revenues of US$3.38 million, an increase of US$673 thousand, a 25% increase compared to US$2.7 million in the corresponding prior-year period. Gross profit improved to US$995 thousand (29% of revenues), compared to US$596 thousand (22% of revenues) in Q3, 2024.\nFor the nine months ended September 30, 2025, the Company reported revenues of US$10.1 million, an increase of US$1.4 million, a 16% increase compared to US$8.7 million in the corresponding prior-year period. Gross profit improved to US$2.7 million (27% of revenues), compared to US$2 million (22.8% of revenues) in the corresponding prior-year period.\nFor the nine months ended September 30, ...