October 22, 2025 – Seattle, WA – TheNewswire - Nevis Brands Inc. (CSE: NEVI | OTCQB: NEVIF | FSE: 8DZ)  (“Nevis” or the “Company”), a leading innovator in the cannabis beverage industry, todayannounced its financial results for the third fiscal quarter ended August 31, 2025. Unlessotherwise noted, all figures are in Canadian dollars. Q3 2025 Financial Highlights Revenue: $478,808 (VS Q2: $418,745) Gross Profit: $302,156 (VS Q2: $315,345) Net Income: -$22,639 (VS Q2 Net Income: $(92,458) When excluding de ...

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]