Business
Jamieson Wellness Inc. Reports First Quarter 2025 Results
Consolidated revenue increased by 14%; Branded momentum continues in China with 52% revenue...
About this update from Jamieson Wellness, Inc.
[{"type":"text","content":"Jamieson Wellness Inc. Reports First Quarter 2025 Results\n\n\n .bwalignc { text-align: center; list-style-position: inside }\n.bwalignl { text-align: left }\n.bwalignr { text-align: right; list-style-position: inside }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwlistcircle { list-style-type: circle }\n.bwlistdisc { list-style-type: disc }\n.bwnowrap { white-space: nowrap }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadl2 { padding-left: 10px }\n.bwpadl4 { padding-left: 20px }\n.bwpadl5 { padding-left: 25px }\n.bwpadl7 { padding-left: 35px }\n.bwpadr0 { padding-right: 0px }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwuline { text-decoration: underline }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignm { vertical-align: middle }\n.bwvertalignt { vertical-align: top }\n.bwwidth1 { width: 1% }\n.bwwidth100 { width: 100% }\n.bwwidth14 { width: 14% }\n.bwwidth15 { width: 15% }\n.bwwidth3 { width: 3% }\n.bwwidth37 { width: 37% }\n.bwwidth4 { width: 4% }\n.bwwidth64 { width: 64% }\n.bwwidth69 { width: 69% }\n \n\n\n\n\n Consolidated revenue increased by 14%;\n \n\n\n Branded momentum continues in China with 52% revenue growth in Q1\n \n\n\n\n\n Jamieson Wellness Inc. (“Jamieson Wellness” or the “Company”) (TSX: JWEL) today reported its first quarter results for the period ended March 31, 2025. All amounts are expressed in Canadian dollars. Certain metrics, including those expressed on an adjusted basis, are non-IFRS and other financial measures. See “Non-IFRS and Other Financial Measures” below.\n \n\n “Our team delivered solid results in Q1 that continued to demonstrate the power of our strategy in action,” said Mike Pilato, President and CEO of Jamieson Wellness. “Consolidated revenue growth in the quarter was 14%, and branded revenue growth of 13.9% exceeded our expectations. We also grew Adjusted EBITDA ahead of revenue, reflecting both sustained global demand for our products and our team's precise execution in meeting that opportunity.\n \n\n \"Our China business grew over 50% in Q1 as we capitalized on our strategic investments and tailored approach to this key region. In the U.S, we are on track to meet our ...