Sales Growth
Q1 2025 sales totaled $40 million, a 6.7% increase from $37.5 million in Q1 2024, driven by a 14.1% growth in the direct-to-consumer segment.
Gross Margin Expansion
Gross margin expanded by 80 basis points, with a total gross margin of 61.5%, up 250 basis points compared to Q1 2024.
Adjusted EBITDA Improvement
Adjusted EBITDA losses reduced by 16.8% year-over-year, excluding the DSU revaluation.
Net Debt Reduction
Net debt declined by 6.7% year-over-year, indicating improved balance sheet health.
Successful Marketing Initiatives
Brand ambassador program exceeded expectations, with increased brand engagement and impressions.
Operational Excellence
Continued integration of advanced technologies and process improvements, enhancing efficiency and agility.