About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

WINDSOR, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. (“NEXE”, the “Company”, “we”, “us” or “our”) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the twelve-month and three-month period ended May 31, 2025 (“Q4 2025”). NEXE has entered into collaboration with five coffee companies representing more than 15 K-Cup brands.Over 50 SKUs have been developed, with repeat orders delivered to all five p ...

Core Insights - NEXE Innovations Inc. has reported significant growth in Q3 2025, surpassing one million compostable pods sold and more than doubling revenues compared to Q2 2025 [6][10] - The company is focusing on expanding its market presence in Canada while developing its strategy for the U.S. market, which is the largest for Keurig-compatible pods, with an annual market size of approximately 20 billion pods [2][6] - NEXE's proprietary compostable pods are designed to provide a better coffee experience while being environmentally friendly, with positive customer feedback and a diverse customer base across various channels [3][5] Financial Performance - For Q3 2025, NEXE reported revenues of $173,721, a significant increase from $24,927 in Q3 2024 [10] - The company maintains a strong cash position of $10.3 million and minimal debt of $378,252 related to an interest-free government loan [4][10] - NEXE's working capital as of February 28, 2025, was $12,901,201, showing a slight increase from $12,836,802 on May 31, 2024 [10] Strategic Partnerships and Market Expansion - NEXE has established four new partnerships, including a multi-year master manufacturing agreement, to enhance its market reach [6][10] - The company is actively working on testing and sampling Nespresso OriginalLine compostable pods, with a potential rollout expected later in 2025 [6][10] - NEXE is also exploring additional product development opportunities using its proprietary resin to target various industries beyond coffee [7][10] Operational Strategy - The company is focused on disciplined capital management and has plans to lower capital expenditures, with recent investments amounting to $179,777 [10] - NEXE has built a lean production team in Windsor and is expected to continue hiring as production ramps up [10] - The operational footprint and equipment are in place to meet the anticipated capacity for compostable coffee pods in the coming year [10]

Core Insights - NEXE Innovations Inc. has received two purchase orders from existing clients in the Canadian market, including one from Bridgehead and another from a North American coffee company, totaling over 150,000 pods across 6 SKUs [1][2][4] - The company has produced over 1 million pods since November 2024 and is focusing on the Canadian market while planning to establish operations in the U.S. [2][4] - NEXE is considering moving some production lines to the U.S. to mitigate risks related to coffee prices and tariffs, which may positively impact gross margins and support growth in U.S. revenues [3][4] Purchase Orders - The first purchase order is from Bridgehead, a Canadian-owned business, and includes two different SKUs [1] - The second order is from a North American coffee company specializing in office coffee services, consisting of over 150,000 pods across 6 SKUs [1][2] Production and Strategy - NEXE has produced over 1 million pods since November 2024, indicating strong demand for its compostable coffee pods [2] - The company is onboarding additional Canadian customers and focusing on the "Buy Canada" movement to enhance sales [2] - A strategy is in place to potentially move some production lines for coffee operations to the U.S. while continuing to manufacture pod components in Windsor [3] Market Position and Future Plans - NEXE aims to support U.S. customers by transferring some production lines to the U.S., which is expected to contribute to revenue growth [4] - The company is continuously evaluating new opportunities and collaborating with existing customers on next-generation compostable products [3]