Jamieson Wellness, Inc. · TSX:JWEL
Jamieson Wellness — Q2 2025 Earnings Presentation
12 slides from Jamieson Wellness's earnings presentation, 2025
Slide 1: Q2 2025 Quarterly Update
Q2 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: Second Quarter 2025 Highlights
Second Quarter 2025 Highlights 1 New Jamieson innovation, notably behind the trending magnesium category 1 and “Proudly Canadian” marketing programs drove strong consumer consumption in Canada 2 Highly successful 6/18 promotion in China achieved 73% growth over prior year Trending ingredients drove
Slide 4: Second Quarter 2025 Summary of Segment Results: Jamieson Brands
JAMIESON BRANDS Second Quarter 2025 Summary of Segment Results • Revenue was $177.3 million, an increase of 13.8% or $21.5 million Canada U.S. (youtheory) China International revenue revenue revenue revenue increased increased increased increased 2 0 2 5 2.0% to 9.7% to 70.8% to 9.6% to $81.6 millio
Slide 5: Second Quarter 2025 Summary of Segment Results: Strategic Partners
STRATEGIC PARTNERS Second Quarter 2025 Summary of Segment Results • Revenue was $21.8 million, an expected decrease of 24.9% or $7.2 million, impacted by the timing of customer ordering patterns under new programs and shipments shifting to the second half of the year • Gross profit was $2.6 million,
Slide 6: Balance Sheet and Cash Flow
Second Quarter 2025 Balance Sheet and Cash Flow • As of June 30, 2025, the Company had approximately $132.9 million in cash and available revolving and swingline facilities and net debt1 of $367.1 million • The Company generated $11.4 million in cash from operations compared to $6.9 million generate
Slide 7: Consolidated Results
Second Quarter 2025 Consolidated Results METRIC Q2 2025 Q2 2024 Growth Rate Consolidated Revenue $199.1 $184.8 7.7% Canada $81.6 $80.0 2.0% U.S. (youtheory) $48.8 $44.5 9.7% China $35.2 $20.6 70.8% 2 0 2 5 International $11.7 $10.7 9.6% W E L L N E S S Total Jamieson Brands Segment $177.3 $155.8 13.
Slide 8: Summary Consolidated Financial Information
Summary Consolidated Financial Information Fiscal Year Ended December 31, ($ 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 Six Months Ended June 30, June 30, ($ in millions, except as otherwise noted) 2025 2024 % Change 2025 2024 % Change Revenue 199.1 184.8 7.7% 345.1 312.8 10.3% Cost of sales 118.3 119.8 (1.2%) 209.0 205.0 2.0% Gross profit margin 40.6% 35.
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 Six Months Ended Fiscal Year Ended June 30, June 30, December 31, ($ in millions, except as otherwise noted) 2025 2024 2025 2024 2024 2023 2022 2021 2020 2019 2018 Net earnings 13.8 8.3 11.3 4.6 51.1 4
Slide 11: Financial Performance: 2025 Guidance
Financial Performance: 2025 Guidance METRIC 2024 2025 TARGET RANGE GROWTH RATE Total Revenue $733.8 $800.0 – 840.0 9.0% - 14.5% Jamieson Brands Segment • Canada $333.1 $350.0 - $360.0 5.0% - 8.0% • U.S. (youtheory) $166.0 $174.0 - $191.0 5.0% - 15.0% • China $91.2 $119.0 – $128.0 30.0% - 40.0% • Int
Slide 12: Investor Relations Contact
INVESTOR RELATIONS CONTACT: Ruth Winker rwinker@jamiesonlabs.com linkedin.com/company/jamiesonwellness twitter.com/JWEL_Canada 2 0 2 5 W E L L N E S S J A M I E S O N 12