Glow Lifetech Reports Record Q3 2025 Financial Results; 193% YoY Revenue Growth and Achieves First Positive Cash Flow from Operations

Core Insights - Glow Lifetech Corp. reported a record Q3 2025 with a 193% year-over-year revenue growth and achieved its first positive cash flow from operations, indicating strong commercial momentum and progress towards sustainable profitability [1][2]. Financial Performance - Net revenue reached $630,791, a 193% increase compared to Q3 2024's $215,176 [6]. - Gross profit was $427,671, reflecting a 168% increase from $159,599 in Q3 2024, with a gross margin of 68% [6]. - Total expenses decreased by 20% to $533,713 from $667,465 in Q3 2024, showcasing effective cost management [6]. - Cash flow from operations was $119,000, marking a 121% increase from a negative cash flow of $561,933 in Q3 2024 [6]. - EBITDA loss narrowed to $28,004, an 85% improvement from a loss of $188,920 in Q3 2024 [6]. Financial Position - The cash balance stood at $1,117,668, with a working capital surplus of $1,401,900, improving by over $2.16 million from a deficit of $764,665 in Q3 2024 [6]. - The current ratio improved to 2.16x from 0.65x in Q3 2024, indicating enhanced financial strength [6]. - The company achieved debt-free status by eliminating its remaining long-term debt of $368,509 in November 2025 [6]. Market Expansion and Product Development - Glow expanded its retail presence by adding new listings with major Ontario retailers, including FIKA Company and One Plant, and launched products in Saskatchewan [6]. - The MOD™ brand maintained its market leadership as the 2 brand in Ontario's oils category [6]. - A new product, MOD™ CBG:THC Drops 300, was launched, adding to the company's product lineup [7]. Future Outlook - The company is focused on building commercial momentum and a strong foundation for scalable, profitable growth, with plans to deepen penetration with national retailers and expand its product portfolio [8].