Core Insights - Nevis Brands Inc. reported a modest revenue increase in Q2 2025 compared to Q1, driven by stable revenues in licensed markets and early performance of its hemp-derived THC product line [2][4] - The company maintained a gross profit margin of 75%, reflecting the effectiveness of its capital-light licensing model [2][5] - Non-operational factors, including foreign exchange pressure and elevated audit fees, impacted earnings, resulting in a net loss of CAD 92,458 for the quarter [3][4] Financial Performance - Revenue for Q2 2025 was CAD 418,745, slightly up from CAD 416,355 in Q1 [4] - Gross profit was CAD 315,228, showing stability compared to CAD 315,345 in Q1 [4] - EBITDA for the quarter was CAD -16,226, a decline from CAD 135,038 in Q1 [4] Operational Highlights - Geographic expansion in New Jersey and Missouri contributed to revenue growth, with flagship brands Major™ and Happy Apple™ gaining traction [5] - The launch of the Happy Apple™ hemp-derived THC drink generated initial positive consumer feedback, with expectations for sales acceleration in the second half of fiscal 2025 [5] - The company's asset-light strategy continues to validate its gross margin of 75%, allowing for low fixed costs and adaptability to market changes [5] Strategic Outlook - Nevis is positioned to capitalize on growth drivers as the cannabis beverage category matures and consumer adoption increases [6] - The company is focused on scaling revenues and progressing towards sustained profitability, with strong brand momentum and disciplined cost control [6][11] - New distribution partnerships are under review, expected to enhance national distribution for Major™ and Happy Apple™ [11]

Company Overview - Nevis Brands Inc is a leading provider of cannabis beverage brands, focusing on Hemp Derived THC products [1][2] - The company is publicly traded on the CSE under the symbol "NEVI," US OTC: "NEVIF," and Frankfurt Stock Exchange symbol "8DZ" [3] Product Launch and Market Expansion - Nevis has launched its Major(™) 100mg THC beverages in Illinois, partnering with Drecisco Farms, aiming to become a top-selling beverage in the state [2] - The company is expanding its retail presence in North Carolina and South Carolina, targeting bars and specialty beer and wine outlets [4] Sales and Revenue Generation - Happy Apple(™) Hemp Derived THC beverages are being sold in multiple states, with a focus on low-dose 5 mg THC options to grow revenues [1] - The company anticipates recognizing revenue from Happy Apple in fiscal Q2 [4] Marketing and E-commerce Strategy - Nevis plans to introduce Happy Apple(™) in traditional retail liquor stores and bars, while also developing an e-commerce platform at www.nevishemp.com [1] - The company is leveraging social media influencers and online marketing to boost online demand for its products [4]