Beyond Oil Reports Financial Results for the Second Quarter of 2025

Executive Summary

• Beyond Oil Ltd. reported strong financial results for Q2 2025, with revenue increasing more than 30x year-over-year to $1.1 million, driven by global launch momentum and expanded distribution.
• The company demonstrated significant operational efficiency, with gross margin expanding to 56.3% (up from 45.7% in Q2 2024) and net loss improving by 43% to $0.8 million.
• The company announced strategic growth initiatives, including conditional TSX uplisting approval, a major supplier agreement with Sodexo Israel, and market expansion into Mexico via Baruchi Global Capital.

Key Details

• Revenue: $1.1 million in Q2 2025, compared to $35 thousand in Q2 2024 and $1.0 million in Q1 2025.
• Gross Profit: $615 thousand in Q2 2025 (up from $16 thousand in Q2 2024 and $513 thousand in Q1 2025).
• Gross Margin: 56.3% in Q2 2025, compared to 45.7% in Q2 2024 and 50.7% in Q1 2025.
• Cash Position: Strengthened to $12.9 million as of June 30, 2025, up from $4.5 million at the end of Q1 2025 and $3.6 million as of December 31, 2024. This increase reflects net proceeds from recent investment led by Clal Insurance and the exercise of 99.9% of outstanding warrants in H1 2025.
• Operating Expenses: Cash operating expenses were $1.5 million in Q2 2025 (vs. $0.8 million in Q2 2024), reflecting strategic investments in global expansion. Total operating expenses reached $2.3 million.
• Net Loss: Improved to $0.8 million for Q2 2025, compared to $1.4 million for Q2 2024.
• Other Comprehensive Loss: Improved to $133 thousand in Q2 2025, a 91% reduction from $1.5 million in Q2 2024.
• TSX Uplisting: Received conditional listing approval from the Toronto Stock Exchange on August 25, 2025, with completion expected in the near future.
• Sodexo Israel Agreement: Sodexo, Israel’s largest catering provider, selected Beyond Oil as its new supplier of choice following a successful pilot. Sodexo uses approximately 400,000 liters of frying oil annually.
• Leadership Addition: Giora BarDea, former CEO of Strauss Group, joined as VP of Global Strategy to focus on international partnerships and go-to-market initiatives.
• North American Expansion: Agreement with Baruchi Global Capital for exclusive rights to market and sell products in Mexico. Baruchi placed an initial order for 10.8 tons of product.

Notable Quotes

• “We delivered solid second-quarter results that demonstrate both our strong growth trajectory and our disciplined approach to building the business... Revenue grew more than 30 times compared to the same quarter last year... Our gross margin expanded to 56.3%... while our net loss improved by 43% and comprehensive loss decreased by 91%.” — Jonathan Or, CEO
• “Increased revenue is directly correlated to our deliberate decision to focus on building sustainable, long-term partnerships rather than chasing quick wins... We are in advanced commercial process with some of the most influential food brands in the world.” — Jonathan Or, CEO