Jamieson Wellness, Inc. · TSX:JWEL
Jamieson Wellness — Q3 2025 Earnings Presentation
12 slides from Jamieson Wellness's earnings presentation, November 2025
Slide 1: Q3 2025 Quarterly Update
Q3 2025 Q U A R T E R LY U P D AT E 1 J A M I E S O N W E L L N E S S 2 0 2 5
Slide 2: Forward Looking Information
Forward Looking Information This presentation contains “forward-looking information” within the meaning of applicable securities laws. Forward looking information may relate to our future outlook and anticipated events or results and may include information regarding our financial position, business
Slide 3: Third Quarter 2025 Highlights
Third Quarter 2025 Highlights 1 Successful innovation and the Company’s latest quality-focused advertising 1 campaign drove continued strong consumer consumption in Canada 2 Digital e-commerce growth outpaced the market in China due to evolving influencer marketing strategy, impacting all channels a
Slide 4: Third Quarter 2025 Summary of Segment Results: Jamieson Brands
JAMIESON BRANDS Third Quarter 2025 Summary of Segment Results • Revenue was $180.5 million, an increase of 16.5% or $25.5 million Canada U.S. (youtheory) China International revenue revenue revenue revenue increased increased increased increased 2 0 2 5 4.0% to 16.8% to 63.0% to 19.3% to $90.8 milli
Slide 5: Third Quarter 2025 Summary of Segment Results: Strategic Partners
STRATEGIC PARTNERS Third Quarter 2025 Summary of Segment Results • Revenue was $18.8 million, an expected decrease of 11.2% or $2.4 million, impacted by a reduction in business and the timing of onboarding new customer contracts amidst trade and tariff uncertainties • Gross profit was $2.4 million,
Slide 6: Third Quarter 2025 Balance Sheet and Cash Flow
Third Quarter 2025 Balance Sheet and Cash Flow • As of September 30, 2025, the Company had approximately $128.8 million in cash and available revolving and swingline facilities and net debt1 of $371.2 million • The Company generated $7.7 million in cash from operations compared to $24.2 million gene
Slide 7: Third Quarter 2025 Consolidated Results
Third Quarter 2025 Consolidated Results METRIC Q3 2025 Q3 2024 Growth Rate Consolidated Revenue $199.3 $176.2 13.2% Canada $90.8 $87.3 4.0% U.S. (youtheory) $40.7 $34.9 16.8% China $36.8 $22.6 63.0% 2 0 2 5 International $12.2 $10.3 19.3% W E L L N E S S Total Jamieson Brands Segment $180.5 $155.0 1
Slide 8: Summary Consolidated Financial Information
Summary Consolidated Financial Information Fiscal Year Ended December 31, ($ in millions, except as otherwise noted) 2024 2023 2022 2021 2020 Revenue 733.8 676.2 547.4 451.0 403.7 Cost of sales 458.2 442.6 349.0 288.6 258.9 Selling, general and administrative expenses 174.5 140.3 110.2 80.7 76.3 Sha
Slide 9: Summary Consolidated Financial Information
Summary Consolidated Financial Information Three Months Ended Nine Months Ended September 30, September 30, ($ in millions, except as otherwise noted) 2025 2024 % Change 2025 2024 % Change Revenue 199.3 176.2 13.2% 544.4 489.0 11.3% Cost of sales 115.7 108.6 6.6% 324.7 313.6 3.5% Gross profit margin
Slide 10: Reconciliation of net income to EBITDA, adjusted EBITDA and adjusted net income
Reconciliation of net income to EBITDA, adjusted EBITDA and adjusted net income Three Months Ended Nine Months Ended Fiscal Year Ended September 30, September 30, December 31, ($ in millions, except as otherwise noted) 2025 2024 2025 2024 2024 2023 2022 2021 2020 2019 2018 Net earnings 15.5 10.4 26.
Slide 11: Financial Performance: 2025 Guidance
Financial Performance: 2025 Guidance METRIC 2024 2025 TARGET RANGE GROWTH RATE Total Revenue $733.8 $810.0 – $830.0 10.4% - 13.1% Jamieson Brands Segment • Canada $333.1 $350.0 - $356.0 5.0% - 7.0% • U.S. (youtheory) $166.0 $179.0 - $186.0 8.0% - 12.0% • China $91.2 $132.0 – $137.0 45.0% - 50.0% • I
Slide 12: Investor Relations Contact
INVESTOR RELATIONS CONTACT: Ruth Winker rwinker@jamiesonlabs.com linkedin.com/company/jamiesonwellness 2 0 2 5 W E L L N E S S J A M I E S O N 12