Northwire Canada EditionTuesday, July 14, 2026
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WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8% WDO 26.04 −0.9% FVI 11.84 −1.6% OM 1.75 −1.7% ETG 2.99 +0.0% ARTG 31.47 −4.6% LUC 0.163 +1.6% AFM 1.38 +0.0% IMG 20.95 −3.5% CPAU 0.150 +3.5% MMX 0.075 +7.1% IE 12.47 −2.4% SASK 1.09 −1.8% MOG 0.390 +2.6% XIM 0.070 −6.7% S 0.110 −29.0% OMI 0.300 −4.8%
Earnings

Jones Soda Reports Third Quarter 2025 Results

By The Northwire Desk — AI Analysis Nov 17, 2025 · 06:30 JSDA · 0.29 Jones Soda Co.
JSDA · Price

Executive Summary

  • Jones Soda reported Q3 2025 revenue of $4.5 M, up 15% year‑over‑year, and narrowed its net loss to $1.4 M ($0.01 per share) from $2.6 M a year ago.
  • Adjusted EBITDA improved dramatically to $(0.9) M, a 62% reduction in the loss versus the prior year’s $(2.2) M.
  • Management highlighted expansion of distribution networks, cost‑reduction initiatives, and new product launches (Mary Jones ZERO, Bethesda Fallout collaboration), and provided guidance that Q4 2025 gross sales are expected to exceed $8 M.

Key Details

  • Revenue: $4.5 M (↑15% YoY) vs. $3.9 M in Q3 2024.
  • Net Loss: $(1.4) M, or $(0.01) per share, versus $(2.6) M, or $(0.02) per share a year earlier.
  • Adjusted EBITDA: $(0.9) M (↑$1.1 M improvement; 62% better than prior‑year quarter).
  • Gross Profit: $1.3 M (↑25% YoY), driven by higher sales and lower trade spend.
  • Operating Expenses: $2.7 M (↓$0.7 M YoY) due to reductions in selling, marketing, and G&A costs.
  • Distribution Expansion: Added 3 new club/DSD networks, bringing total DSD locations to 36.
  • Supply Chain Improvements: Consolidated MyJones and e‑Commerce fulfillment; renegotiated supplier contracts to lower cost of goods.
  • Product Launches:
  • Mary Jones ZERO – zero‑sugar beverage.
  • Bethesda Fallout Vault‑Tec Supply Pack – limited‑edition Sunset Sarsaparilla 4‑packs.
  • Guidance (Q4 2025): Expected gross sales to exceed $8 M based on current orders and pipeline.
  • Conference Call: Hosted on Nov 17, 2025 at 8:30 a.m. ET; CEO Scott Harvey and CFO Brian Meadows presented results.
  • Balance Sheet Highlights (unaudited):
  • Cash: $199 K vs. $1.3 M year‑end 2024.
  • Total assets: $12.1 M vs. $8.5 M prior year.
  • Shareholders’ equity: $3.35 M vs. $2.16 M prior year.

Notable Quotes

“This quarter, we expanded our Zero Sugar lineup, added new distribution channels, and launched several initiatives designed to accelerate sales,” – Scott Harvey, CEO
“We expect significantly increased aggregate sales revenues for our core, modern and adult (Spiked Jones) products in Q4 2025.” – Scott Harvey, CEO

Read the original news release →

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