Goodfood Market Corp. · TSX:FOOD
Goodfood Market — FY2025 Earnings Presentation
11 slides from Goodfood Market's earnings presentation, Nov 27, 2025
Slide 1: FY-25 & Q4-2025 Earnings Presentation
FY-25 & Q4-2025 EARNINGS PRESENTATION November 27, 2025
Slide 2: Forward-looking information
This presentation contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Such forward-looking information includes, but is not limited to, information with respect to our objectives and the strategies to achieve these objectives, as well as informati
Slide 3: What We Achieved this Year
What We Achieved this Year Continued Profitability Despite Market Headwinds … $6.0 Adjusted EBITDA1 9.2% $5.0 & Margin1 8.9% 8.6% 7.8% C$ millions and % 7.2% $4.0 $3.0 4.7% 4.5% 3.6% $2.0 $4 $4 $3 $3 1.9% $3 $1.0 $1 1.5% $2 1.7% $1 $1 $1 $0 $0.0 -$1.0 Q2-23 Q3-23 Q4-23 Q1-24 Q2-24 Q3-24 Q4-24 Q1-25
Slide 4: Net Sales and Active Customers
Net Sales and Active Customers1 2025 delivered record average order value through continued focus on more profitable customers mitigating meal kit market and consumer headwinds which have impacted active customer count and order rates Net Sales Quarterly Active Customers1 C$ millions End of period $
Slide 5: Gross Profit, Adj. EBITDA and Net (Loss) Income
Gross Profit, Adj. EBITDA1 and Net (Loss) Income Flexible and resilient cost structure drove Gross Margin2 improvement Y-o-Y, leading to positive Adj. EBITDA1 for eleven consecutive quarters Gross Profit Adjusted EBITDA1 Net (Loss) & Gross Margin2 & Margin1 Income C$ C$ millions and % C$ millions an
Slide 6: Cash Flows
Cash Flows Positive CFO and adjusted FCF1, with 6 of the past 8 quarters generating positive adjusted FCF1 Cash Flows From CAPEX Operating Activities C$ millions C$ millions $0.6 $0.3 $0.5 $(0.9) $0.2 $0.2 Q4-24 Q3-25 Q4-25 Q4-24 Q3-25 Q4-25 Adjusted Free Cash Flow1 Net Leverage1 Ratio C$ millions $
Slide 7: Key Financial Highlights
Key Financial Highlights Continued strength in gross margin1 and consistent Adjusted EBITDA2 generation on the back of cost discipline driving resiliency as net sales challenges persist (in millions of Canadian $ except for percentage information) FY-25 FY-24 Y-o-Y Net Sales $120.9 $152.8 -21% Gro
Slide 8: Outlook: Maintaining resilience; leadership transition & protecting balance sheet while deploying capital
Outlook: Maintaining resilience; leadership transition & protecting balance sheet while deploying capital 1 Leadership transition and operational review: → Selim Bassoul joined as Chairman of the Board in August 2025 → Focus on refining product lineup and evolution and strengthening customer experie
Slide 9: Q&A
ae Soodfood Q&A
Slide 10: Metrics and Non-IFRS Financial Measures
Metrics and Non-IFRS Financial Measures The table below defines metrics and non-IFRS financial measures used by the Company throughout this presentation. Non-IFRS financial measures do not have standardized definitions prescribed by IFRS and, therefore, may not be comparable to similar measures pres
Slide 11: Company Contact – Investor Relations & Media
Roslane Aouameur CHIEF FINANCIAL OFFICER IR@makegoodfood.ca COMPANY CONTACT – INVESTOR RELATIONS & MEDIA Roslane Aouameur, Chief Financial Officer makegoodfood.ca 1 (855) 515-5191 IR@makegoodfood.ca