Nevis Brands Inc. Announces Q3 2025 Financial Results
Seattle, WA — October 22, 2025 — Leads & Copy — Nevis Brands Inc. (CSE: NEVI | OTCQB: NEVIF | FSE: 8DZ) reported its financial results for the third fiscal quarter ended August 31, 2025, with all figures in Canadian dollars unless otherwise noted.
Revenue reached $478,808 (compared to $418,745 in Q2), gross profit was $302,156 (compared to $315,345 in Q2), and net income was -$22,639 (compared to Q2 net income of $(92,458). Excluding depreciation expense, net income was $40,298.
The company cited strong revenue growth this quarter, driven by expanding sales in its licensed markets and the performance of its hemp-derived THC product line. CEO John Kueber noted the company’s ability to grow the business, with 16% quarterly revenue growth and a third straight quarter of growth.
Gross profit margins were lower quarter-over-quarter at 63%, reflecting increased testing costs and lower margins relating to hemp-derived products. Management anticipates margins to stabilize and improve as production scales.
Operational highlights included revenue growth from new market entries in New Jersey and Missouri, stable performance in core legacy markets, expansion of hemp-derived THC beverages in Wisconsin, North Carolina, and South Carolina, and the strength of its primary licensed markets.
The company anticipates continued revenue momentum into fiscal 2026, focusing on scaling hemp-derived offerings while maintaining disciplined cost management.
Nevis innovates and develops cannabis products, led by its flagship brand Major™ and Happy Apple(™), and licenses and produces cannabis beverages using various production and distribution partners.
Contact Information: John Kueber, investors@nevisbrands.com, Tel: 425-380-2151.
Source: Nevis Brands Inc.
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