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THS Maple Holdings Ltd. (YAY) Reports Financial Results for the Second Quarter of Fiscal Year 2026
Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - THS Maple Holdings Ltd. (TSXV: YAY)...
About this update from Ths Maple Holdings Ltd
[{"type":"text","content":"THS Maple Holdings Ltd. (YAY) Reports Financial Results for the Second Quarter of Fiscal Year 2026Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - THS Maple Holdings Ltd. (TSXV: YAY) (the \"Company\" or \"THS\"), a leading producer and global distributor of maple syrup and maple-flavoured products, is pleased to announce its financial and operational results for the three and six-month periods ended December 31, 2025. The results highlight the Company's commitment to deploying and executing its short- and medium-term strategic initiatives and in investing in its market presence expansion. Financial Performance Highlights3 Months Ended 6 Months EndedDecember 31,December 31, December 31,December 31,20252024 20252024Sales$3,732,000$2,846,748 $8,650,526$7,513,308Cost of Sales$3,089,236$2,253,269 $6,708,972$5,765,579Gross Profit$642,764$593,479 $1,941,554$1,747,729Selling Expenses$316,364$281,805 $697,674$701,275Administrative Expenses$800,207$613,254 $1,483,516$1,166,601Operating Loss$(473,807)$(301,580) $(236,636)$(120,147)Finance costs and Other Income$245,070$159,988 $484,928$297,863Income Tax Expense-- -$136Pre-tax Loss$(718,877)$(461,568) $(721,564)$(418,146)Net Loss per share$(0.012)$(0.008) $(0.012)$(0.070) Key Financial Highlights:Revenue Growth - Revenue Growth Over Six Months: Revenue for the quarter totalled $3.73 million, a 15.2% increase compared to $2.85 million in the comparative period last year and is reflective of the Company's growing customer base despite significant supply shortfalls in one of its major product groups (cookies). The corresponding revenue shortfall is estimated at approx. $1M for the six-month period ended December 31, 2025.Gross Margin - Gross Profit Increase: Over the six-month period ended December 31, 2025, margins were impacted by higher costs. Revenue increase for the six-month period drove the gross profit up while the gross margin was relatively stable (22.44%) versus the comparative period last year (23.26%).Operating results - Strong International Sales: The Company continued to invest in its commercial and distribution activities to capture more domestic and international sales, which translated into a slight increase in its operating loss for the six-month period ended December 31, 2025.Operat...