Emerge Commerce pegs Q3 adj. EBITDA midpoint at $225K

Mr. Ghassan Halazon reports EMERGE REPORTS STRONG PRELIMINARY Q3 RESULTS, PROVIDES WEBCAST DETAILS Emerge Commerce Ltd. has provided preliminary unaudited results for the third quarter ended Sept. 30, 2025. Select preliminary Q3 2025 financial highlights (versus Q3 2024): Revenue increased to $7.0-million versus $4.4-million, representing 58-per-cent YoY (year-over-year) growth; Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) expected to be between $200,000 and $250,000 versus a loss of ($254,000), an improvement of approximately $450,000 to $500,000 YoY; Cash position grew to $4.0-million (Sept. 30, 2025) versus $3.5-million (June 30, 2025) and $1.6-million (Sept. 30, 2024). Emerge expects to file its full Q3 results in late November, 2025. Ghassan Halazon, Emerge founder and chief executive officer, commented: "Our preliminary Q3 results demonstrate exceptional year-over-year growth across revenue, adjusted EBITDA and cash, even as Q3 is historically a more seasonal quarter for some of our brands. Both verticals exhibited positive organic growth and our cash position continued to benefit from T2G's strong performance and cash-flow friendly deal structure. We look forward to reporting our full Q3 financial results in late November, with the team's preparations now in full swing for the busy Q4 holiday shopping season ahead." Investor webcast:  Planet MicroCap Showcase Mr. Halazon will be delivering a virtual corporate presentation at Planet MicroCap Showcase in Toronto today (Oct. 22, 2025) at 1:30 p.m. ET. During the webcast, Mr. Halazon will discuss overall operational progress, upcoming plans and pipeline, followed by a Q&A (question-and-answer) session with the audience. Mr. Halazon will also conduct approximately 20 one-on-one meetings with investors at the three-day event. Webcast details Date:  Wednesday, Oct. 22, 2025 Time:  1:30 p.m. ET Preliminary unaudited financial information The financial and operating results included in this news release are based on preliminary unaudited estimated results which have not yet been finalized. These estimated results are subject to change upon completion of the Q3 2025 financial statements, and the audit of such financial statements and such changes could be material due to, among other things, the completion of Emerge's financial closing procedures, final adjustments, review by Emerge's auditors and other developments that may arise between now and the time the financial results are finalized. About Emerge Commerce Ltd. Emerge is a Canadian portfolio of premium brands. The company's subscription, marketplace and retail businesses provide its members with access to offerings across its grocery and golf verticals. truLOCAL is the company's flagship Canadian meat and seafood subscription service, connecting local farmers with a health-conscious audience. The company's golf vertical includes its discounted tee-times/ experiences brand, UnderPar, and its discounted golf apparel and equipment brands, JustGolfStuff and Tee 2 Green. We seek Safe Harbor.