Jamieson Wellness, Inc. · TSX:JWEL
Jamieson Wellness — Q1 2025 Earnings Presentation
12 slides from Jamieson Wellness's earnings presentation, 2025
Slide 1: Quarterly Update Q1 2025
Q1 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: First Quarter 2025 Highlights
First Quarter 2025 Highlights 1 Strong consumer consumption in Canada led by continued growth in club and 1 e-commerce channels 2 Revenue growth in China exceeded expectations, driven by strengthening brand awareness, focus on social commerce, retail, and cross-border strategies Elevated consumer co
Slide 4: First Quarter 2025 Summary of Segment Results: Jamieson Brands
JAMIESON BRANDS First Quarter 2025 Summary of Segment Results • Revenue was $131.4 million, an increase of 13.9% or $16.0 million Canada U.S. (youtheory) China International revenue revenue revenue revenue increased declined increased increased 2 0 2 5 14.3% to 13.0% to 52.1% to 28.8% to $69.5 milli
Slide 5: First Quarter 2025 Summary of Segment Results: Strategic Partners
STRATEGIC PARTNERS First Quarter 2025 Summary of Segment Results • Revenue was $14.6 million, an increase of 14.9% or $1.9 million, driven by shipments of new customer contracts and timing of customer orders • Gross profit was $1.4 million, a decrease of $0.2 million 2 0 2 5 • Gross profit margin1 w
Slide 6: Balance Sheet and Cash Flow
First Quarter 2025 Balance Sheet and Cash Flow • As of March 31, 2025, the Company had approximately $246.1 million in cash and available revolving and swingline facilities and net debt1 of $253.9 million • The Company generated $31.6 million in cash from operations compared to $7.3 million used in
Slide 7: Consolidated Results
First Quarter 2025 Consolidated Results METRIC Q1 2025 Q1 2024 Growth Rate Consolidated Revenue $146.0 $128.0 14.0% Canada $69.5 $60.9 14.3% U.S. (youtheory) $26.5 $30.4 (13.0%) China $28.5 $18.7 52.1% 2 0 2 5 International $6.9 $5.3 28.8% W E L L N E S S Total Jamieson Brands Segment $131.4 $115.4
Slide 8: Summary Consolidated Financial Information
Summary Consolidated Financial Information Fiscal Year Ended December 31, ($ 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 March 31, ($ in millions, except as otherwise noted) 2025 2024 % Change Revenue 146.0 128.0 14.0% Cost of sales 90.7 85.3 6.4% Gross profit margin 37.8% 33.4% 4.4% Selling, general and administrative expenses 49.6 39.5 25.4% Share-based c
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 Fiscal Year Ended March 31, December 31, ($ in millions, except as otherwise noted) 2025 2024 2023 2022 2021 2020 2019 2018 Net earnings (2.5) (3.7) 46.0 52.8 52.1 41.6 31.7 26.7 Provision for (recover
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 $114.0 – $123.0 25.0% - 35.0% • 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