Diamond Estates Wines & Spirits Reports Fiscal 2026 Financial Results

About this update from Diamond Estates Wines & Spirits, Inc.

Niagara-on-the-Lake, Ontario--(Newsfile Corp. - July 28, 2026) - Diamond Estates Wines & Spirits Inc. (TSXV: DWS) ("Diamond Estates" or "the Company") today announced its financial results for the three and twelve months ended March 31, 2026 ("Q4 2026" and "FY 2026" respectively). FY 2026 Summary: Q4 2026 Summary: Investor Relations Update: As of mid-July 2026, the Company is no longer working with ImpactDeck for investor relations services. The Company thanks ImpactDeck for its contributions. Subsequent Events: "Fiscal 2026 was a year of significant growth for Diamond Estates and was the result of foundational improvements made over the past three years. Adjusted EBITDA grew $3.0 million to $3.8 million, climbing from 3% of revenue in the prior year to nearly 13%. Our sales team and agency division, Trajectory Beverage Partners, drove continued growth for both our own brands and those we represent, across every retail channel and on-premise at restaurants and bars. The company delivered $5.5 million of cash from operations, and term debt was reduced by an impressive $4.6 million. Ontario's retail expansion, enhanced government support and the buy-local movement continue to power our Winery division — and we enter fiscal 2027 with that momentum firmly at our back," said Andrew Howard, President and CEO. About Diamond Estates Wines and Spirits Inc.: Diamond Estates is a producer of high-quality wines and ciders as well as a sales agent for over 120 beverage alcohol brands across Canada. The Company operates four facilities, three in Ontario and one in British Columbia, that produce predominantly VQA wines under such well-known brand names as 20 Bees, Creekside, D'Ont Poke the Bear, EastDell, Lakeview Cellars, Mindful, Shiny Apple Cider, Fresh Wines, Red Tractor, Seasons, Serenity and Backyard Vineyards. Through its commercial division, Trajectory Beverage Partners ("Trajectory"), the Company serves as the sales agent for a wide range of leading international beverage brands. Wine Portfolio: Trajectory represents renowned wine brands, including Fat Bastard and Gabriel Meffre from France; Kaiken from Argentina; Kings of Prohibition from Australia; Yealands, Kono, Tohu, and Joiy Sparkling Wine from New Zealand; Talamonti, Cielo and Valdo from Italy; Bodegas Muriel from Spain; Porta 6, Julia Florista, Boas Quintas, Catedral and Cabeca de Toiro fr...

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