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MDWerks Issues Mid-Year Shareholder Update
Globenewswire· 2025-08-14 12:30
Core Insights - MDWerks, Inc. is making significant progress in expanding its proprietary energy wave technology platform, targeting large market opportunities in the alcoholic beverages and wood manufacturing industries [1][2] - The company reported a 55% increase in revenue for Q2 2025, reaching approximately $421,000 compared to $272,000 in Q2 2024, driven by higher branded liquor sales and increased revenue from white-label aging services [2] - MDWerks anticipates higher revenues in the upcoming quarters as strategic initiatives take hold, including the installation of a second SRAS unit to meet growing demand [3] Financial Performance - Revenue for Q2 2025 was approximately $421,000, a 55% increase from Q2 2024's $272,000 [2] - The company expects to benefit from a full three months of white-label aging services revenue from a new customer in Q3 2025 [3] Strategic Initiatives - The installation of a second, larger SRAS unit at Two Trees' facilities is expected to quintuple spirits production capacity, addressing built-in demand for various white-label products [3] - The Whiskey-as-a-Service (WaaS) business model is projected to contribute meaningful recurring revenue starting in Q4 2025 [3] Product Development and Recognition - Two Trees Beverage Company received three prestigious 2025 SIP Awards, highlighting the quality of its spirits [3] - The launch of Land of the Sky, a limited-edition bourbon aiding Hurricane Helene relief efforts, is part of the new Uplifting Spirits product line [3] Technological Advancements - RF Specialties, LLC is delivering its first Molecular Sawdust Drying System (MSDS) unit to a leading sawmill, with expectations for follow-on orders as the customer expands throughput [3]