WINDSOR, Ontario, Oct. 22, 2025 (GLOBE NEWSWIRE) -- NEXE Innovations Inc. (“NEXE”, the “Company”, "we" or "our") (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, today announced the delivery of three new product SKUs totaling more than 80,000 compostable coffee pods to a leading North American office coffee services (OCS) distributor. These additions expand NEXE’s BPI-certified compostable pod lineup, supporting customer demand for variety and reinforcing the Comp ...

Core Insights - NEXE Innovations Inc. is expanding its product offerings by launching four new coffee SKUs in partnership with a leading North American distributor specializing in office coffee services and retail channels [1][2] - The first SKU launched is a seasonal pumpkin-flavored coffee pod, with six pallets distributed across the U.S. and Canadian markets, and three additional SKUs (decaf, vanilla, and bananas foster) are in development [2][3] - The company plans to introduce at least ten more SKUs in the coming months and is in discussions with potential new partners for further distribution opportunities [3][4] Company Overview - NEXE Innovations focuses on providing innovative compostable material solutions and packaging to help businesses achieve sustainability goals [5] - The flagship product, the NEXE Pod, is a BPI-certified compostable coffee pod that is compatible with major coffee brewing machines and manufactured at NEXE's vertically integrated facility in North America [5]

Core Insights - NEXE Innovations Inc. has successfully delivered products to ecoBeans Coffee Inc., which has seen a significant increase in revenue since launching on Amazon in April 2025, with revenues more than four times higher than the initial launch period [1] - ecoBeans currently offers two SKUs on Amazon, receiving positive customer feedback, with over 25% of recent orders being repeat purchases [2] - ecoBeans plans to expand its marketing efforts and product line, collaborating with NEXE to explore new SKU development and engaging more retailers [3] Company Overview - NEXE Innovations focuses on providing innovative compostable material solutions and packaging to help businesses achieve sustainability goals, with a patented compostable material that withstands heat, pressure, and water [5] - The flagship product, the NEXE Pod, is a BPI-certified compostable coffee pod compatible with major coffee brewing machines, manufactured at NEXE's facility in North America [5] Market Presence - ecoBeans emphasizes a philosophy of sustainability and connection with the earth, aiming to encourage customers to care for themselves and the planet [4] - The products are available in various retail locations and through ecoBeans' e-commerce website, with plans to expand into the office coffee services market [4]

Core Insights - NEXE Innovations Inc. has received purchase orders exceeding 700,000 compostable coffee pods in May 2025, in addition to over 1 million pods produced since November 2024, indicating strong demand for its products [1][2][6] Group 1: Business Developments - The company has expanded its flavored coffee offerings through a partnership with Crazy Cups, receiving an initial order covering 20 SKUs, marking its largest engagement in the flavored coffee category to date [3][4] - NEXE has fulfilled repeat orders from existing partners, including Bridgehead Coffee and a North American office coffee services partner, reflecting ongoing demand for its compostable pod products [5][7] Group 2: Product Innovation - NEXE is focused on accelerating growth in the single-serve coffee sector and is making progress on next-generation compostable Nespresso® OriginalLine-compatible pods, with a product launch anticipated later this year [5][6] - The company is developing 20 new SKUs across its customer base, including an additional 14 new SKUs for Crazy Cups, to support its expansion and product innovation roadmap [4]

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]