Earnings
Replenish Nutrients Announces 2025 Third Quarter Financial Results and Advances Strategic Growth with Beiseker Facility Upgrade and Significant New Licensing Deals

ERTH · Price
Executive Summary
- Replenish Nutrients Holding Corp. reported Q3 2025 results showing modest revenue decline and a widened net loss versus the prior year.
- The Beiseker facility achieved key hourly production rates (4‑5 mt/h) and entered final commissioning, positioning it for full commercial output (~2,000 mt/month).
- Significant new licensing agreements were signed with Farmers Union Enterprises (U.S. Midwest) and MJ Ag Solutions (Northern Alberta), each projected to generate CAD/USD $40–$60 per tonne on volumes ranging from 10,000 t to up to 100,000 t annually.
Key Details
- Financial Highlights – Q3 2025
- Revenues down $0.1 M (quarter) and $0.5 M (nine‑month) YoY.
- Gross profit down $0.2 M; gross margin fell 7 pp (quarter) and 3 pp (nine‑month).
- Net loss widened by $3.2 M (quarter) and $2.9 M (nine‑month) versus prior year, driven largely by a one‑time gain in non‑cash contingent consideration in the prior period.
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Cash used in operating activities increased $0.5 M (quarter) and $1.3 M (nine‑month); funds from operations improved $0.6 M YoY on a YTD basis.
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Beiseker Facility Progress
- Demonstrated production rates of 4–5 metric tonnes per hour.
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Targeted monthly output: ≈2,000 mt once final load‑out tower work and 24‑hour shifts are in place.
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Licensing Agreement – Farmers Union Enterprises (FUE)
- Territory: five‑state, >100 million‑acre region in the U.S. Midwest (≈70 M acres of FUE members).
- FUE to fund construction of a 50,000–100,000 mt production facility.
- Replenish to provide formulas, transitional product, operational support, sales enablement, and working‑capital financing during ramp‑up.
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Expected revenue: USD $40–$60 per tonne on volumes sold under the partnership.
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Licensing Agreement – MJ Ag Solutions (MJ Ag)
- Territory: 10‑million‑acre Peace Country region (Northern Alberta & BC).
- MJ Ag to build and fund a ≈10,000 t facility.
- Replenish to supply proprietary formulas, product support, and working‑capital financing.
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Expected revenue: CAD $40–$60 per tonne on volumes sold under the partnership.
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Outlook for 2026
- Anticipates full commercial production at Beiseker in early 2026.
- Licensing partners expected to commence transitional production and sales in H1 2026.
- Additional financing activities planned for the DeBolt facility to support further expansion.
Notable Quotes
- “While Q3 results were modest, our year‑to‑date improvements in fertilizer gross profit and adjusted EBITDA demonstrate the resilience of our business model,” – CEO, Replenish Nutrients Holding Corp.
- “The Beiseker facility is now on track to deliver its targeted monthly output, a critical step toward scaling regenerative fertilizer production across North America.” – President, Operations
All forward‑looking statements are subject to risks and uncertainties detailed in the company’s filings.
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Jun 24, 2026 · 09:42