Jones Soda Reports Third Quarter 2025 Results
Prnewswire·2025-11-17 11:30

Core Insights - Jones Soda Co. reported a revenue increase of 15% to $4.5 million in Q3 2025 compared to $3.9 million in the same quarter last year [4][6] - The company experienced a net loss of $1.4 million, improving from a net loss of $2.6 million in the prior year [4][8] - Adjusted EBITDA improved by $1.1 million or 62% year-over-year, reaching $(0.9) million compared to $(2.2) million [4][9] Financial Performance - Revenue growth was primarily driven by HD9, direct-to-consumer, fountain, and Spiked Jones products [6] - Gross profit increased by 25% to $1.3 million, attributed to higher revenues and lower trade spending [7] - Total operating expenses decreased to $2.7 million from $3.4 million, mainly due to reduced selling, marketing, and administrative expenses [8] Strategic Initiatives - The company expanded its Zero Sugar product lineup and added new distribution channels, increasing its DSD networks to 36 [4][6] - Jones Soda launched the Mary Jones ZERO, a zero-sugar beverage aimed at health-conscious consumers [4] - A collaboration with Bethesda Softworks resulted in the release of the Fallout-themed product line, which has generated significant customer interest [4][6] Future Outlook - The company anticipates fourth quarter gross sales to exceed $8 million based on current purchase orders [5] - Management expressed confidence in continued growth across its three key categories: Core, Modern, and Adult Beverages [3][4] - The company plans to pursue strategic partnerships and targeted marketing initiatives to further enhance brand equity and sales momentum [3][4]