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

Beyond Oil Reports Financial Results for the Third Quarter of 2025

By The Northwire Desk — AI Analysis Dec 01, 2025 · 07:30 BOIL · 3.8 BEYOND OIL LTD
BOIL · Price

Executive Summary

  • Q3 2025 revenue surged 779% to US$1.2 M versus Q3 2024, with gross profit rising to US$550 K and margin improving to 47.1%.
  • Cash balance increased to US$10.6 M, driven by a Clal Insurance investment and near‑full warrant exercise in H1 2025.
  • Company met its US$3 M revenue milestone early, triggering the release of 4,882,101 “Milestone Shares” to pre‑reverse‑takeover shareholders.

Key Details

  • Revenue: US$1.2 M in Q3 2025 (up from US$133 K YoY; up from US$1.1 M QoQ).
  • Gross Profit: US$550 K (up from US$53 K YoY); gross margin 47.1% vs. 39.8% YoY.
  • Cash Position: US$10.6 M as of Sept 30 2025 (vs. US$3.6 M Dec 31 2024). Sources: Clal Insurance investment + exercise of 99.9% outstanding warrants H1 2025.
  • Operating Expenses: US$2.4 M in Q3 2025 (up from US$0.8 M YoY) reflecting expansion, inventory build‑up, and operational scaling.
  • Net Loss: US$1.55 M for Q3 2025 (improved from US$2.7 M YoY).
  • Other Comprehensive Loss: US$331 K in Q3 2025 (down from US$2.6 M YoY, a 77% reduction).

Recent Business Highlights

  • TSX Uplisting: Shares began trading on the Toronto Stock Exchange under “BOIL” on 13 Nov 2025.
  • Leadership Additions:
  • Giora BarDea appointed VP of Global Strategy (former CEO, Strauss Group).
  • Michael Nemirow appointed President of North America (overseeing Beyond Oil USA Inc.).
  • Sodexo Israel Supplier Agreement: Sodexo selects Beyond Oil as supplier; will deploy patented filter powder across its catering network (~400 k L oil/year).
  • West Coast Reduction Ltd. Purchase Order: New PO valued at ~US$405 K for expanded rollout.

Milestone Shares Release

  • Revenue exceeded US$3 M ahead of the Jan 2026 deadline, satisfying the condition for issuance of 4,882,101 common “First Milestone Shares” to original shareholders (pre‑reverse takeover).

Notable Quotes

“Our third quarter results continue to demonstrate the strength of our strategy and the accelerating demand for our unique solution,” – Jonathan Or, CEO.
“We remain focused on building durable, long‑term partnerships… positioning the Company for meaningful growth in 2026.” – Jonathan Or, CEO.

Read the original news release →

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