Business
Goodfood Reports Fiscal Year and Fourth Quarter 2025 Results with Net sales of $121 million and $25 million, Gross Profit of $50 million and $10 million and Adjusted EBITDA¹ of $6 million and $0.4 million, respectively
Net sales were $25 million in the fourth quarter, with gross profit of $10 million and gross marg...
About this update from Goodfood Market Corp.
[{"type":"text","content":"Goodfood Reports Fiscal Year and Fourth Quarter 2025 Results with Net sales of $121 million and $25 million, Gross Profit of $50 million and $10 million and Adjusted EBITDA¹ of $6 million and $0.4 million, respectively\n\n\n\n\n\n Net sales were $25 million in the fourth quarter, with gross profit of $10 million and gross margin\n \n\n\n 2\n \n\n\n of 40.3%\n \n\n\n\n Net loss of $4 million, adjusted EBITDA margin\n \n\n\n 1\n \n\n\n of 2% and adjusted EBITDA\n \n\n\n 1\n \n\n\n of $0.4 million for the fourth quarter\n \n\n\n\n Cash flows provided by operating activities of $0.3 million and adjusted free cash flow\n \n\n\n 1\n \n\n\n was $2 million for the fourth quarter\n \n\n\n\n Cash and marketable securities\n \n\n\n 3\n \n\n\n at $16 million, with Bitcoin Exchange-Traded Fund (BTC) at $3.4 million at quarter-end on initial investment of $3.0 million\n \n\n\n\n Strengthening our product mix driven by the launch of Heat & Eat meal solutions and\n \n\n Genuine Tea which continues to exceed expectations\n \n\n\n\n Leadership transition accompanied by an operational review focused on product evolution and customer experience nearing completion\n \n\n\n\n\n\n MONTREAL, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“\n \n Goodfood\n \n ”, “the\n \n Company\n \n ”, “\n \n us\n \n ”, “\n \n we\n \n ” or “\n \n our\n \n ”) (TSX: FOOD), a leading Canadian online meal solutions company, today announced financial results for the 13 weeks and 52 weeks ended September 6, 2025.\n \n\n “The results this year reflect a macro environment that remains challenging. Consumer discretionary spend continues to face pressure, and meal-kit demand across North America has not stabilized, yet the business demonstrates ongoing resilience. We maintained a solid gross margin\n \n 2\n \n of 42% and delivered positive Adjusted EBITDA\n \n 1\n \n for both the full year and the fourth quarter, along with $2.2 million in annual adjusted free cash flow\n \n 1\n \n . These results reflect the flexibility of our cost structure and the disciplined approach our teams brought to operations throughout the year, in the face of top line headwinds,” said Neil Cuggy, President and Chief Operating Officer of Goodfood.\n \n\n “We do not expect meaningful near-term...