Core Insights - MiniLuxe Holding Corp. reported strong financial results for Q2 2025, with system-wide sales growth of over 12% year-over-year and adjusted EBITDA growth of 100% [2][5][6] Financial Performance - Q2 2025 system-wide sales reached $7.7 million, up from $6.9 million in Q2 2024, marking a 12% increase [6][12] - Total revenue for H1 2025 was $13.6 million, an 8% increase from $12.6 million in H1 2024 [6][12] - Gross profit for Q2 2025 was $3.2 million, a 5% increase from $3.0 million in Q2 2024, with a gross profit margin of 43% [7][12] - Fleet adjusted EBITDA improved by 100% year-over-year, reaching $1.4 million in Q2 2025 [9][12] Strategic Focus - The company is focusing on three strategic pillars: driving growth through operating and franchise partners, accelerating studio-level profitability, and increasing SG&A efficiency [5][6] - Talent retention remained strong at 87% year-over-year, indicating effective employee engagement strategies [10][12] Operational Highlights - MiniLuxe's first franchise partner in Brookline, Massachusetts, exceeded expectations, achieving profitability within the first six months [5][12] - The median average unit volume for the top quartile of studios exceeded $1.8 million per unit store [6][12] Cash Flow and Financial Health - Cash and cash equivalents at the end of the period were $6.0 million, up from $3.99 million a year earlier [14][12] - The company reported an operating loss of $1.2 million for Q2 2025, an improvement from a loss of $1.5 million in Q2 2024 [8][12]

Core Viewpoint - MiniLuxe Holding Corp. is expanding its presence in the Dallas-Fort Worth market through the acquisition of a new studio location, supported by a strategic partnership and the issuance of shares to fund this expansion [1][3][4]. Group 1: Acquisition Details - The company has issued 437,500 Class A subordinate voting shares at a price of USD $0.40 per share to facilitate the acquisition of a new studio location in the Dallas-Fort Worth area [1]. - MiniLuxe's wholly owned subsidiary now holds approximately 66.15% of the issued and outstanding LLC membership interests of the newly formed entity [2]. - The securities issued are subject to a hold period of four months and one day from the date of issuance [2]. Group 2: Strategic Importance - This acquisition enhances MiniLuxe's footprint in a key growth region, indicating a successful strategy of expansion through mergers and acquisitions [3]. - The company aims to accelerate growth through various means, including acquisitions, new company-owned stores, joint ventures, and franchising [3]. Group 3: Partnership and Team - The new location benefits from a strong joint venture partnership with Leslie Concors, who has a successful track record in growing consumer brands [4]. - Kayleigh Se, MiniLuxe's Regional Operating Partner, will also contribute her expertise to the new venture, ensuring continuity and quality in operations [4]. Group 4: Leadership Insights - The CEO of MiniLuxe expressed optimism about the acquisition, highlighting the identification of tier-one conversion opportunities in desirable neighborhoods [5]. - Leslie Concors, a new shareholder and partner, expressed confidence in the potential of the Lakewood location to enhance the MiniLuxe experience [6]. Group 5: Company Overview - MiniLuxe is a lifestyle brand focused on the beauty and self-care industry, providing high-quality nail care and esthetic services [8]. - The company aims to transform the self-care and nail care industry through better standards and technology, while also empowering a diverse workforce [9][10].

Company Continues its Expansion with a New Prime Studio Location and Experienced Team in Dallas Fort Worth’s Lakewood Area  NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Boston, MA, Aug. 14, 2025 (GLOBE NEWSWIRE) --  MiniLuxe Holding Corp. (TSXV: MNLX) (“MiniLuxe” or the “Company”) is pleased to announce that, further to its press release dated August 11, 2025, it has completed (with the approval of the TSXV) the issuance a total of 437,500 Class A subor ...

Core Viewpoint - MiniLuxe Holding Corp. is pursuing a strategy of mergers and acquisitions, focusing on regions where it already has a presence, with a planned issuance of 437,500 subordinate voting shares to facilitate the acquisition of a new studio in the Dallas–Fort Worth market [1][2]. Company Overview - MiniLuxe is a Delaware corporation based in Boston, Massachusetts, operating in the beauty and self-care industry, specializing in high-quality nail care and esthetic services [3]. - The company aims to transform the fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform, enhancing talent and client experiences [3]. Acquisition Strategy - The planned acquisition involves converting an existing salon business to the MiniLuxe brand, which is not considered a material transaction in terms of cash value or size, representing well under 1% of the company's fully diluted share ownership [2]. - This transaction is with a non-related party and requires approval from the TSX Venture Exchange [2]. Business Model and Growth - MiniLuxe is expanding its reach through franchising and acquiring existing nail salons, providing entrepreneurs with opportunities to partner with a recognized brand [4]. - The company has performed over 4 million services since its inception, focusing on professional development and economic mobility for a diverse workforce [4].

Company Overview - MiniLuxe Holding Corp. is a lifestyle brand and talent empowerment platform in the beauty and self-care industry, focusing on high-quality nail care and esthetic services [7] - The company aims to transform the fragmented and under-regulated self-care and nail care industry through its brand, standards, and technology platform [7] - MiniLuxe has performed over 4 million services since its inception, emphasizing healthier, ultra-hygienic services and socially responsible labor practices [7] Executive Appointment - Lanchi Venator has been appointed as the new Chief Financial Officer, effective immediately, taking over key financing, reporting, and control functions [2] - Venator previously served as Global CFO & Head of Strategy for KFC, overseeing 14 international Business Unit CFOs and driving growth and profitability [3] - Prior to KFC, she held a senior finance role at The Estee Lauder Companies, gaining extensive experience in the beauty industry [3] Compensation Structure - The company announced the issuance of 750,000 options and 650,000 Restricted Stock Units (RSUs) for Ms. Venator, with a strike price of 0.41 cents CDN, representing a premium to the prior day's closing price [6] - Additionally, 545,000 Deferred Stock Units (DSUs) were approved for Board Members collectively, all coming from the existing equity incentive plan [6] - The total options, RSUs, and DSUs represent just over 1 percent of the fully diluted ownership of the company [6] Strategic Vision - The CEO, Tony Tjan, expressed confidence in Venator's ability to contribute to MiniLuxe's vision of transforming the nail care industry [4] - Venator highlighted the potential for value creation within MiniLuxe and her alignment with the company's strategic and financial goals [5]

Core Insights - MiniLuxe Holding Corp. reported a 9% year-over-year revenue increase in Q1 2025, reaching $6.1 million, with gross profit rising 12% to $2.5 million [3][5] - The company aims for long-term profitability through gross profit margin expansion and EBITDA growth, despite an operating loss of $2 million in Q1 2025, slightly higher than the previous year's loss [3][5] Financial Performance - The adjusted EBITDA for Q1 2025 was approximately -$1.6 million, while Fleet adjusted EBITDA nearly tripled to $700,000 [3][6] - Cash flow used in operating activities improved by $700,000, totaling -$1.2 million in Q1 2025 compared to -$1.9 million in Q1 2024 [6] - Cash, cash equivalents, and restricted cash reached $7.2 million at the end of Q1 2025, an increase of $3.2 million from the end of FY24 [6] Strategic Focus - The company is focusing on three strategic pillars: driving growth through operating and franchise partners, accelerating studio-level profitability, and increasing fixed cost leverage and SG&A efficiency [4][6] - MiniLuxe's talent revenue base grew by 10% year-over-year to $6.08 million, reflecting the success of its operating model [6][7] Business Development - The Core Studio segment maintained a consistent growth trend, with service revenue increasing by $0.6 million, or 10%, over Q1 2024 [5][6] - The first franchise location in Brookline, Massachusetts, achieved profitability within its first six months of operation, demonstrating strong brand appeal [7][8] Management Commentary - The CEO highlighted the brand's resilience and the positive expansion of unit economics, emphasizing the commitment to high-quality services and talent empowerment [8]

Core Insights - MiniLuxe Holding Corp. reported a record year for 2024 with total revenue reaching $26.1 million, reflecting a year-over-year growth of just over 6% compared to $24.6 million in 2023 [5][20] - The company achieved significant improvements in profitability, with store-level profitability increasing by over 360% year-over-year [8][11] - MiniLuxe's strategic focus on operating partners and localized growth strategies contributed to enhanced performance and customer loyalty, with a 4.5% increase in its most loyal client base [6][9] Financial Performance - Total revenue for FY2024 was $26.1 million, up from $24.6 million in FY2023, marking a 6% increase [20] - Gross profit improved to $11 million, an 8% increase from the previous year, with gross margin rising to 42% [20][22] - Adjusted EBITDA losses were reduced to -$4 million from -$9 million in FY2023, indicating improved operational efficiency [8][20] Strategic Initiatives - The company focused on three key strategic pillars: accelerating studio-level profitability, driving growth through operating partners, and increasing fixed cost leverage [8][9] - MiniLuxe's joint ventures and franchise partnerships have led to increased sales and operational best practices, contributing to a 5x lift in profitability in the Dallas Fort Worth area [9][11] - The company aims to maintain momentum into 2025, with a strong emphasis on localized operations and community engagement [5][12] Customer Engagement - The loyal customer base, defined as those visiting 20 or more times per year, grew by 4.5% year-over-year [6] - Approximately 88% of customers are repeat clients, indicating strong brand loyalty [6] Talent Retention - FY2024 saw a record retention rate of 87% for nail designer talent, up from 84% in 2023 [10] - Over 50% of the nail designer talent has been with the company for five years or more, highlighting the company's ability to attract and retain skilled professionals [10] Cash Flow and Funding - Year-end cash and cash equivalents reached $4 million, an increase of $0.6 million from $3.4 million at the end of FY2023 [8][20] - The company successfully raised $3.49 million through a non-brokered private placement, contributing to a total of $5.067 million in new primary capital [16][18]