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Earnings

Canadabis Capital Inc. Announces 2025 Fiscal Year Financial Results

By The Northwire Desk — AI Analysis Nov 27, 2025 · 21:13 CANB · 0.04 Canadabis Capital Inc.
CANB · Price

Executive Summary

  • CanadaBis Capital Inc. reported FY 2025 financial results for the year ended July 31, 2025, with gross revenue of $30.53 M (≈ flat vs. FY 2024) and adjusted EBITDA of $0.91 M, down from $1.57 M in the prior year.
  • Cash and cash equivalents declined to $0.83 M from $1.68 M, while total assets remained essentially unchanged at $24.54 M.
  • Management highlighted strategic initiatives—including new long‑term feedstock pricing agreements and product launches—to improve margins and drive sales growth in FY 2026.

Key Details

  • Gross Revenue: $30,530,859 (FY 2025) vs. $30,409,082 (FY 2024).
  • Cost of Sales: $9,517,603 (FY 2025) vs. $9,133,334 (FY 2024).
  • Gross Profit: $7,383,808 (FY 2025) vs. $8,821,343 (FY 2024).
  • Adjusted EBITDA (Non‑GAAP): $914,181 (FY 2025) vs. $1,573,688 (FY 2024).
  • Total Assets: $24,541,522 (FY 2025) vs. $24,545,436 (FY 2024).
  • Cash & Cash Equivalents: $831,062 (FY 2025) vs. $1,678,531 (FY 2024).
  • Management Commentary: President/CEO Travis McIntyre noted “meaningful challenges” in FY 2025 but expressed confidence that new feedstock pricing agreements and product initiatives will enhance margins and support sales growth in FY 2026.
  • Strategic Initiatives Mentioned:
  • Securing long‑term feedstock pricing agreements at prices substantially below prior year levels.
  • Launch of new products to expand national presence.
  • Deepening relationships with leading retailers to drive sales volume.
  • Regulatory Filings: Audited financial statements, MD&A, and related disclosures for FY 2025 have been filed on SEDAR+.

Notable Quotes

“Although fiscal 2025 presented meaningful challenges across the industry and for our Company, we are entering fiscal 2026 with renewed focus and strong strategic momentum,” – Travis McIntyre, President & CEO.

All forward‑looking statements are subject to risks and uncertainties detailed in the release.

Read the original news release →

More from Canadabis Capital Inc.

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CanadaBis Reports Fiscal Q1 2026 Results with Positive Operating Cash Flow

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Financings