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Spectra Products : August 19, 2025 - Spectra reports second quarter results

Spectra Products : August 19, 2025 - Spectra reports second quarter

Spectra Products Inc.August 19, 20253
Spectra Products : August 19, 2025 - Spectra reports second quarter results

About this update from Spectra Products Inc.

Spectra Products Inc. Reports Second Quarter 2025 Results For Immediate Release - August 19, 2025 Toronto, Ontario - Spectra Products Inc. (SSA: TSX VENTURE) reports the release of its financial results for the three and six months ended June 30, 2025. Continued operational profitability in 2025 has allowed the Company to maintain strong cash reserves as at June 30, 2025. Cash and investments comprise almost $1.5M, an increase of over $50,000 since December 31, 2024. Revenues for the three-month period ended June 30, 2025 were $387,786 compared to $435,268 for the same period in 2024. In the three-month period ended June 30, 2025, a net loss before taxes of $39,747 was incurred compared to net income before taxes of $47,060 for the same period in 2024. Earnings before taxes and stock-based compensation was $4,253 for the three months ended June 30, 2025, resulting in a six-month total of $85,366. "Although sales are lower for Q2 2025, the Company has remained operationally profitable, as measured by earnings before taxes and stock-based compensation. The current economic environment is challenging and we continue to actively assess the market to maintain and improve sales and profitability" said Andrew Malion, CEO of Spectra Products Inc. "The company has built a sizable cash position and is actively looking for acquisitions and new business opportunities to further enhance shareholder value." Spectra Products Inc. is the Toronto-based North American designer, manufacturer and distributor of wheel end safety products to the transportation industry. These products include Brake Safe  , Zafety Lug Lock  , and Hub Alert ™ , the Termin-8R  line of Electric vehicle protection, anti-corrosion and extreme pressure lubricants, and Optimum Fleet Health, a revolutionary AI predictive and prescriptive vehicle maintenance software. Except for the historical information contained herein, this news release contains forward looking statements that involve risks and uncertainties, including the impact of competitive products and pricing and general economic conditions as they affect the Corporation's customers. Actual results and developments may therefore differ materially from those described in this release. NOT FOR DISTRIBUTION TO US NEWS WIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES On behalf of the Board of Directors, Andrew Malion, President, Spectra Products Inc. Investor Relations: 1-800-308-5255 E-Mail: [email protected] Website: https://www.spectrainc.ca Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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