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Flow Beverage Corp. ( (TSE:FLOW) ) has issued an announcement.
Flow Beverage Corp. reported a significant improvement in its financial performance for Q1 2025, with a 38% increase in consolidated net revenue to $11.4 million, driven by a 216% rise in co-pack revenue. Despite a 5% decrease in Flow brand net revenue due to exiting unprofitable contracts and production disruptions, the company achieved a gross margin of 21%, up from a negative margin in the previous year. The adjusted EBITDA loss narrowed to $2.6 million from $9.7 million, reflecting improved operational efficiency and cost management. The company is focusing on scaling production at its Aurora facility and expects continued profitability improvements throughout fiscal 2025.
More about Flow Beverage Corp.
Flow Beverage Corp. operates in the beverage industry, focusing on providing premium water products. The company is known for its Flow brand, which offers naturally alkaline spring water, and it also engages in co-packing services, catering to a diverse market that includes retail and food service partners.
YTD Price Performance: -26.47%
Average Trading Volume: 69,038
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$10.36M
For a thorough assessment of FLOW stock, go to TipRanks’ Stock Analysis page.