Delota Dominates: Third Quarter Revenue Soars to $10.3 Million
Totaling $29.9 Million for Nine Months and Achieving Third Straight Quarter of Profitable Adjusted EBITDA!
Highlights: Total revenue of $10.3 million for Q3 2025, reflecting YoY growth of 27% from the comparative quarter 37% gross profit margin for Q3 2025 Positive Adjusted EBITDA of $380,110 for Q3 2025 Total revenue of $29.9 million for the Nine Months Ended 2025, reflecting YoY growth of 25% from the comparative period 39% gross profit margin for the Nine Months Ended 2025 Positive Adjusted EBITDA of $827,258 for the Nine Months Ended 2025 Segmented revenue for the Nine Months Ended 2025: Vape – B2C: $23.5 million, B2B: $3.7 million Cannabis – B2C: $2. 7 million Continues to execute on defined expansion plan with aggressive M&A strategy; retail presence of 31 locations across Ontario and plans to expand in major cities across Canada Increased registered customer base to over 257,000 accounts across online and brick-and-mortar platforms Vaughan, Ontario–(Newsfile Corp. – January 2, 2025) – Delota Corp. (CSE: NIC) (FSE: S62) (“Delota” or the “Company”), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is pleased to report it has filed its quarterly financial statements, management discussion and analysis, and associated certifications (collectively, the “Quarterly Filings”) for the three and nine months ended October 31, 2024.
How will this affect me?
As a consumer, you may benefit from Delota’s success through expanded product offerings and potentially better prices as the company grows. If you are an investor, this positive financial report may indicate a good opportunity for investment in Delota Corp.
How will this affect the world?
Delota’s strong financial performance can contribute to the overall economy by creating jobs, increasing tax revenue, and driving innovation in the retail sector. Additionally, as a company focused on alternative tobacco products, Delota’s success may impact the regulatory landscape and public health discussions surrounding these products.
Conclusion
In conclusion, Delota’s impressive third quarter revenue results show a strong growth trajectory for the company. With continued expansion plans and a growing customer base, Delota is on track to solidify its position as a leading omni-channel retailer in Canada’s retail market.
