Yangaroo Announces Third Quarter 2025 Financial Results

Executive Summary

• Yangaroo reported Q3 2025 revenue of $1.572 M, a 19% YoY decline driven by lower advertising and entertainment revenues.
• Normalized EBITDA remained positive at $152,906 but fell 67% year‑over‑year to $152.9 K (vs. $466.5 K in Q3 2024).
• The company settled a legal claim for $150,000 related to its 2021 DMS acquisition and expects an additional $550,000 settlement receipt after quarter‑end; it also issued 101,662 shares under a “Shares for Services” arrangement.

Key Details

• Revenue: $1,572,017 (Q3 2025) vs. $1,942,525 (Q3 2024).
• Advertising revenue down $276,245 (‑21%).
• Entertainment revenue down $94,263 (‑15%).
• Awards revenue up $65,294 (+29%) due to seasonality.
• Operating Loss: $95,609 for the quarter.
• Normalized EBITDA: $152,906 (down $313,552 or ‑67% YoY).
• Operating Expenses: $1,667,626 (up $74,084 or +5% vs. Q3 2024).
• Higher depreciation; modest increases in G&A and marketing; offset by headcount reductions.
• Liquidity & Working Capital (Q3 2025):
• Cash: $160,165.
• Working capital deficiency: $(2,033,182).
• Liquidity (cash + revolving credit capacity): $645,044.
• Legal Settlement: $150,000 settlement for 2021 Digital Media Services acquisition litigation; subsequent anticipated receipt of $550,000 after quarter‑end.
• Shares for Services Arrangement:
• Total shares to be issued Aug–Oct 2025: 101,662 common shares.
• September issuance: 37,526 shares @ CAD 0.06 each.
• August & October issuance: 64,136 shares @ CAD 0.07 each.
• Cumulative shares issued Jan‑Oct 2025 under the arrangement: 383,135 shares.
• CEO Quote (Grant Schuetrumpf): Emphasized continued positive Normalized EBITDA streak, macro‑economic headwinds, and focus on cost discipline and growth strategy.

Notable Quotes

“Although we are pleased to report our thirteenth consecutive quarter of positive Normalized EBITDA…we remain cautious of the macroeconomic market conditions we currently operate within.” – Grant Schuetrumpf, CEO

All figures are presented in United States dollars unless otherwise noted.