Business
The Fresh Factory Reports Record Billed Revenue of $11.7M, Positive EBITDA & Continued Operational Expansion in Q3 2025
The Company reported its highest-ever quarterly billed revenue of $11.7M (CAD $16.7M) in Q3 2025,...
About this update from Fresh Factory B.c. Ltd.
[{"type":"text","content":"The Fresh Factory Reports Record Billed Revenue of $11.7M, Positive EBITDA & Continued Operational Expansion in Q3 2025The Company reported its highest-ever quarterly billed revenue of $11.7M (CAD $16.7M) in Q3 2025, representing a year-over-year increase of 44% from Q3 2024.The Company achieved positive EBITDA of $0.4M (CAD $0.5M) in Q3 2025 and remains profitable on a year-to-date basis.The Company secured a three-year, $4.0M revolving asset-based lending facility.The Company expanded production with increased snack-bite capacity and new sachet-pouch-filling capabilities.The Company continued to advance its expansion strategy, including signing a new lease for 154,000 square feet of manufacturing space.The Company has renewed its Normal Course Issuer Bid (\"NCIB\"), allowing for the potential repurchase of up to 3.7M subordinate voting shares over the next 12 months as part of its capital management strategy. CAROL STREAM, IL / ACCESS Newswire / November 28, 2025 / The Fresh Factory B.C. Ltd. (TSXV:FRSH)(FRA:Q4Z) (\"The Fresh Factory\" or the \"Company\"), a mission-driven company for fresh, clean-label, and better-for-you food and beverage brands, is pleased to announce financial results for the third quarter ending September 30, 2025 (\"Q3 2025\").\"Q3 was a pivotal quarter for us, highlighted by record revenue, positive EBITDA, and meaningful progress in scaling our snacks platform,\" said Bill Besenhofer, CEO and co-founder. \"With new lines online, a significantly larger facility secured, and enhanced liquidity from our credit facility, we're positioned to grow alongside our partners and accelerate innovation across categories.\"Financial and Operational Highlights: YTD 2025 vs. YTD 2024Billed revenue of $33.4M ($47.7M CAD) for YTD 2025 vs. $23.9M ($34.2M CAD) for YTD 2024, an increase of 40%, was mainly attributed to the addition of new customers and increased sales through existing customers.Adjusted EBITDA of $2.5M ($3.6M CAD) for YTD 2025 was favorable $1.4M ($2.0M CAD) vs. YTD 2024, an increase of 77%.Adjusted Gross Margins of $12.5M (CAD $17.8M) in YTD 2025, a 40% increase from $8.9M (CAD $12.8M) in YTD 2024.The Company reported net income of $126,003 for the first nine months of 2025, compared to a net loss of $165,031 in the same period of 2024.The Company produced 64.4M units for YTD 2025, a 229% increase from YT...