Nexe Innovations completes another delivery to ecoBeans

Executive Summary

• Nexe Innovations Inc. has made an additional delivery to its partner, ecoBeans Coffee Inc., following strong initial sales performance for ecoBeans on Amazon.
• ecoBeans reported that revenues for the two months following its April 2025 Amazon launch were more than four times higher than the comparable initial launch period, driven by organic customer adoption in Canada.
• The partnership is expanding, with ecoBeans pursuing new retail opportunities and product line expansions with Nexe, while Nexe continues to supply its proprietary compostable coffee pods.

Key Details

• Sales Performance: ecoBeans reported revenues for the two-month period post-April 2025 launch were >4x higher than the initial launch period.
• Customer Metrics: More than 25% of orders in the most recent month were repeat purchases from customers acquired in the previous month.
• Product Offerings: ecoBeans currently offers two SKUs on Amazon: organic medium roast and dark roast.
• Partnership Expansion: ecoBeans is working with Nexe on potential product line expansion and is pursuing opportunities to engage more retailers.
• New Retailer: ecoBeans recently added Edible Island Grocery Store in Courteney, B.C.
• Upcoming Event: ecoBeans will attend CHFA Toronto (booth No. 2608B) on Sept. 20, 2025, and Sept. 21, 2025.
• Distribution Channels: Products are available at Nature's Fare Markets, limited Save on Foods locations, ecoBeans' e-commerce website, and via Thirst First Refreshments Inc. for the office coffee services (OCS) market.
• Nexe Product Details: Nexe supplies the Nexe pod, a BPI-certified, proprietary, patented compostable material compatible with major coffee brewing machines, manufactured at Nexe's vertically integrated facility in North America.

Notable Quotes

• "The initial reception we have received on Amazon with limited ad spend has been positive across the country," stated Alina Gogoescu, founder of ecoBeans. "Customer feedback has been favourable and some retailers would like us to develop more SKUs. We are working with Nexe on potential product line expansion and are pursuing opportunities to engage more retailers."