Business
Swiss Water Reports Second Quarter 2025 Results
VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee I...
About this update from Swiss Water Decaffeinated Coffee, Inc.
[{"type":"text","content":"Swiss Water Reports Second Quarter 2025 Results\n\n\n\n VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Swiss Water Decaffeinated Coffee Inc. (TSX:SWP) (“Swiss Water” or “the Company”), a leading specialty coffee company and premium green coffee decaffeinator, today reported financial results for the three and six months ended June 30, 2025. All amounts are expressed in Canadian dollars unless otherwise stated.\n \n\n\n Second Quarter 2025 Highlights\n \n\n\n\n Q2’25 processed volumes remained relatively stable over Q2’24;\n \n\n Revenue of $67.7 million, an increase of 56% over Q2’24;\n \n\n Net Loss of $0.4 million, a decrease of $1.3 million over Q2’24;\n \n\n Adjusted EBITDA of $1.8 million, a decrease of $2.7 million or 59% over Q2’24;\n \n\n The NY’C’ coffee futures price for Arabica coffee remained volatile during Q2’25, peaking at US$4.10/lb in April. During Q2’25, the NY’C’ averaged US$3.59/lb, compared to an average of US$2.20/lb in Q2’24, an increase of 64%;\n \n\n Operating credit facility renewed and expanded to $80M;\n \n\n Agreement with Mill Road Capital to repurchase and cancel outstanding warrants.\n \n\n\n\n\n\n Year to Date 2025 Highlights\n \n\n\n\n Year to date processed volumes increased 2% over 2024;\n \n\n Revenue of $130.0 million, an increase of 58% over 2024;\n \n\n Net income of $0.1 million, an increase of $0.05 million over 2024;\n \n\n Adjusted EBITDA of $3.8 million, a decrease of $3.4 million or 47% over 2024;\n \n\n\n\n “We are pleased to have delivered volume growth and stable net income during the first six months of this year, reflecting the ongoing strength of our customer relationships and the resilience of our business. Despite solid volume performance, our year-over-year second quarter profitability was adversely effected by losses from rolling forward hedge positions within an inverted market, depreciation of the U.S. dollar, increased production costs due to our strategic decision to reduce finished goods inventory, and the front loading of maintenance costs in 2025. In any period, material variances in revenue and Adjusted EBITDA versus prior year can arise due primarily to volatility in commodity pricing and foreign exchange rates. Through our risk man...