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Jones Soda Reports Third Quarter 2025 Results
Prnewswire· 2025-11-17 11:30
Core Insights - Jones Soda Co. reported a revenue increase of 15% to $4.5 million in Q3 2025 compared to $3.9 million in the same quarter last year [4][6] - The company experienced a net loss of $1.4 million, improving from a net loss of $2.6 million in the prior year [4][8] - Adjusted EBITDA improved by $1.1 million or 62% year-over-year, reaching $(0.9) million compared to $(2.2) million [4][9] Financial Performance - Revenue growth was primarily driven by HD9, direct-to-consumer, fountain, and Spiked Jones products [6] - Gross profit increased by 25% to $1.3 million, attributed to higher revenues and lower trade spending [7] - Total operating expenses decreased to $2.7 million from $3.4 million, mainly due to reduced selling, marketing, and administrative expenses [8] Strategic Initiatives - The company expanded its Zero Sugar product lineup and added new distribution channels, increasing its DSD networks to 36 [4][6] - Jones Soda launched the Mary Jones ZERO, a zero-sugar beverage aimed at health-conscious consumers [4] - A collaboration with Bethesda Softworks resulted in the release of the Fallout-themed product line, which has generated significant customer interest [4][6] Future Outlook - The company anticipates fourth quarter gross sales to exceed $8 million based on current purchase orders [5] - Management expressed confidence in continued growth across its three key categories: Core, Modern, and Adult Beverages [3][4] - The company plans to pursue strategic partnerships and targeted marketing initiatives to further enhance brand equity and sales momentum [3][4]
Jones Soda Sets Third Quarter 2025 Conference Call for Monday, November 17, 2025, at 8:30 a.m. ET
Prnewswire· 2025-11-10 12:00
Core Insights - Jones Soda Co. will hold a conference call on November 17, 2025, at 8:30 a.m. Eastern time to discuss its financial and operational results for Q3 2025 [1][2] Company Overview - Jones Soda Co. is a leading craft soda manufacturer with a subsidiary focused on cannabis products, marketing premium craft sodas under the Jones® Soda brand and cannabis products under the Mary Jones brand [4] - The company distributes its mainstream soda line across North America in various formats including glass bottles, cans, and fountain drinks [4] Conference Call Details - The conference call will be hosted by CEO Scott Harvey and CFO Brian Meadows, followed by a Q&A session where management will address common themes and questions submitted through the webcast portal [2] - Participants can join the call via a toll-free number or international dial-in number, with a conference ID provided for access [3] Replay Information - A telephonic replay of the conference call will be available after 12:30 p.m. Eastern time on the same day through December 1, 2025 [4]