Strategic growth initiative
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Callan JMB Announces Third Quarter 2025 Financial Results and Provides Business Update
Globenewswire· 2025-11-14 21:05
Core Insights - Callan JMB Inc. is expanding its logistics platform into the food sampling industry and has entered agreements to enhance its pharmaceutical logistics capabilities [1][2][3] - The company has established a subsidiary in India to support temperature-controlled pharmaceutical storage and distribution [2][3] - A long-term contract with the City of Chicago has been extended through June 2026, with an increase in funding [2][3] Business Developments - The company has launched operations in the food sampling sector as part of its strategic growth initiatives [2][3] - A preliminary agreement has been made to install oral drug delivery system manufacturing equipment in Texas [2][3] - Callan JMB Services (India) Private Limited has been formed, with plans for a temperature-controlled warehouse in Pune, Maharashtra [2][3] Financial Performance - Revenues for Q3 2025 were $1.4 million, a slight increase from $1.4 million in Q3 2024, while revenues for the nine months ended September 30, 2025, were $4.6 million, down from $5.2 million in the same period last year [8][10] - Gross profit for Q3 2025 was $0.5 million, compared to $0.46 million in Q3 2024, and for the nine months ended September 30, 2025, it was $1.8 million, down from $2.1 million [8][11] - The company reported a net loss of $2.7 million for Q3 2025, compared to a loss of $0.8 million in Q3 2024, and a net loss of $5.4 million for the nine months ended September 30, 2025, compared to a loss of $1.0 million in the same period last year [10][11] Technology Enhancements - The Sentry Monitoring System has been upgraded to version 4.0, allowing for improved temperature monitoring capabilities across devices [2][3]
The Alkaline Water Company Announces New Brokerage Agreement with Major National CPG Agency
Prnewswire· 2025-04-24 10:00
Core Insights - The Alkaline Water Company has entered into an exclusive brokerage agreement with a major sales and marketing agency, marking a significant step in its strategic growth initiative [1][4] - This partnership will enhance the retail presence of Alkaline88 across North America, providing access to over 11,000 retail locations and a team of 60,000 representatives [2][3] Strategic Collaboration - The agreement with the agency, established in 1927, will allow Alkaline88 to reach consumers through various channels, including supermarkets, club stores, convenience stores, drug retailers, and mass merchants [2] - The agency serves over 3,000 clients, offering Alkaline88 access to key decision-makers at major retail chains, which is crucial for expanding its market presence [3] National Expansion - The brokerage agreement is a key element of the company's strategic growth plan, focusing on building relationships with top-tier sales and marketing partners to enhance brand visibility [4] - The CEO expressed gratitude to the sales team for their efforts in securing this agreement, which aligns with the company's national distribution strategy [4] Company Overview - The Alkaline Water Company is a leader in the premium beverage industry, known for its Alkaline88 brand, which is recognized for its clean ingredient profile and superior hydration solutions [5] - The Alkaline88 product is created using a proprietary electrolysis process that infuses purified water with Himalayan rock salt, achieving a balanced pH of 8.8 without chemicals or additives [5] - Under the leadership of CEO Ricky Wright, the company is focused on operational improvements, market expansion, and sustainable profitable growth [5]