THS Maple Holdings Ltd. (YAY) Reports Financial Results for the First Quarter of Fiscal Year 2026
Executive Summary
- THS Maple Holdings Ltd. reported Q3 2025 revenue of $4.92 M, a 5.4% year‑over‑year increase, with gross margin improving to 26.4%.
- Operating income rose to $237,171 versus $181,434 in the prior year period, while pre‑tax loss narrowed to $(2,687) from a $43,557 profit year‑ago.
- The company announced new retail and warehouse leases in Western Canada to support growth and disclosed its Annual General Meeting scheduled for 26 Nov 2025.
Key Details
- Revenue: $4,918,526 (up 5.4% YoY from $4,666,560).
- Cost of Sales: $3,619,736 vs. $3,512,310 YoY.
- Gross Profit: $1,298,790 (+12.4% YoY).
- Gross Margin: 26.4% (up from 24.7%).
- Operating Income: $237,171 (↑30.5% YoY).
- Finance Costs & Other Income: $239,858 vs. $137,877 YoY.
- Pre‑tax Result: Loss of $(2,687) versus profit of $43,557 YoY.
- Net Income per Share: Not disclosed for the quarter (previous period $0.001).
- Operating Cash Flow: $141,988 (vs. $155,527 YoY).
- Working Capital: $1.45 M as of 30 Sep 2025 (up from $1.24 M on 30 Jun 2025).
Operational Highlights
* Signed a rental agreement for a retail kiosk in Grande Prairie, AB; operations began 1 Oct 2025.
Executed a lease for warehouse/storage space in Delta, BC effective 1 Nov 2025 to increase inventory capacity and reduce logistics costs.
Canadian revenue grew 5% YoY despite supply shortfalls in the cookie product line (≈$1 M impact).
* Notable sales gains reported in Asian markets.
Corporate Governance * Annual General Meeting scheduled for 26 Nov 2025, 2:00 pm EST at Hotel Castel, Granby, QC. Registration link provided.
Notable Quotes
“We are pleased with our continuing and improved performance this quarter, as it reflects both our commitment to operational excellence and the growing demand for our products,” – Tom Zaffis, CEO, THS Maple Holdings Ltd.
All forward‑looking statements are subject to risks and uncertainties detailed in the full release.