Revenue Growth
Revenue for 2026 increased 50% to $47.3 million compared to $31.5 million in the same year-ago quarter, driven by the acquisition of Crown One and robust double-digit growth in the legacy business.
Gross Profit Increase
Gross profit increased 56.6% to $11.1 million or 23.6% of total revenues, compared to $7.1 million or 22.6% of total revenues in the same year-ago quarter, primarily due to operational efficiency improvements.
Adjusted EBITDA Growth
Adjusted EBITDA, a non-GAAP measure, increased 118% to $3.8 million for 2026 compared to $1.7 million in the same year-ago quarter.
Successful Acquisition Integration
The integration of the Bayshore facility is ahead of schedule, with 100% centralized procurement and substantial operational efficiencies realized.
New Major Retail Partnerships
Secured partnerships with Target and Food Lion, entering 1,995 and 1,100 stores respectively, expanding market reach significantly.