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MDWerks Issues Third Quarter 2025 Shareholder Update
Globenewswire· 2025-11-14 16:34
Core Insights - MDWerks, Inc. reported a significant revenue increase of 85% sequentially from $421,000 in Q2 2025 to $780,000 in Q3 2025, primarily driven by Whiskey-as-a-Service (WaaS) revenue at Two Trees Beverage Company and increased product revenue at RF Specialties, LLC [2][3] - The company is focused on long-term sustainable growth and profitability, with positive year-over-year revenue comparisons when excluding non-recurring service revenue from the previous year [3] Two Trees Beverage Company - Two Trees' revenue increased by 92% sequentially from $250,000 in Q2 2025 to $480,000 in Q3 2025, attributed to new customer contracts for white-label aging services [4] - The company anticipates continued growth as it builds and deploys Spirits Rapid Aging Systems (SRAS) for new customers, including a major U.S. distillery, which is expected to enhance recurring revenue [5][6] - Two Trees is actively pursuing additional SRAS deployments with major U.S. distilleries and exploring international markets, highlighting the efficiency and sustainability of its proprietary aging technology [6] - A new larger SRAS unit is set to increase production capacity fivefold, expected to be operational by December 2025, further expanding white-label aging services [7] - Two Trees has received multiple industry awards, including a Gold Medal at the 2025 New York World Spirits Competition, enhancing its brand recognition [8] RF Specialties, LLC - RF Specialties' revenue increased by 75% sequentially from $171,000 in Q2 2025 to $300,000 in Q3 2025, driven by the installation of a Molecular Sawdust Drying System for a leading lumber company [11] - The company expects follow-on orders as the customer expands the system's throughput, indicating potential for growth in the lumber market [12] - RF Specialties anticipates a smoother revenue stream as initial systems lead to additional orders, reflecting the scalability of its technology [13] Technology and Innovation - MDWerks positions itself as a technology company, leveraging patented molecular targeting technology to enhance traditional processes and promote sustainability [14] - The company aims to explore new applications of its technology across various industries, indicating a commitment to innovation and growth [14] Future Outlook - MDWerks is optimistic about its growth trajectory in 2026, with a strong foundation being built for future opportunities [15]
MDWerks Issues Mid-Year Shareholder Update
Globenewswire· 2025-08-14 12:30
Core Insights - MDWerks, Inc. is making significant progress in expanding its proprietary energy wave technology platform, targeting large market opportunities in the alcoholic beverages and wood manufacturing industries [1][2] - The company reported a 55% increase in revenue for Q2 2025, reaching approximately $421,000 compared to $272,000 in Q2 2024, driven by higher branded liquor sales and increased revenue from white-label aging services [2] - MDWerks anticipates higher revenues in the upcoming quarters as strategic initiatives take hold, including the installation of a second SRAS unit to meet growing demand [3] Financial Performance - Revenue for Q2 2025 was approximately $421,000, a 55% increase from Q2 2024's $272,000 [2] - The company expects to benefit from a full three months of white-label aging services revenue from a new customer in Q3 2025 [3] Strategic Initiatives - The installation of a second, larger SRAS unit at Two Trees' facilities is expected to quintuple spirits production capacity, addressing built-in demand for various white-label products [3] - The Whiskey-as-a-Service (WaaS) business model is projected to contribute meaningful recurring revenue starting in Q4 2025 [3] Product Development and Recognition - Two Trees Beverage Company received three prestigious 2025 SIP Awards, highlighting the quality of its spirits [3] - The launch of Land of the Sky, a limited-edition bourbon aiding Hurricane Helene relief efforts, is part of the new Uplifting Spirits product line [3] Technological Advancements - RF Specialties, LLC is delivering its first Molecular Sawdust Drying System (MSDS) unit to a leading sawmill, with expectations for follow-on orders as the customer expands throughput [3]