Mr. Craig Fraser reports

BEACN ANNOUNCES 2025 Q1 RESULTS

Beacn Wizardry & Magic Inc. has released its financial results for the quarter ending March 31, 2025.

For the three months ended March 31, 2025, the company achieved sales revenue of $793,954 (2024 -- $1,002,415), gross profit of $344,558 (43 per cent) (2024 -- gross profit of $405,313 (40 per cent)) and a net loss of $458,689 (2024 -- loss of $261,273). The increase in gross profit margin to 43 per cent (2024 -- 40 per cent), was influenced by higher-margin product sales and price increases, while sales revenue in the quarter declined compared with Q1 2024 due to decreased B2B (business-to-business) sales despite seeing increased D2C (direct-to-consumer) sales. Further information is available from the company's financial statements for the three months ended March 31, 2025, available under the company's profile on SEDAR+.

"Despite global financial market volatility and a declining global consumer confidence index, it was encouraging to see continued D2C growth for the Beacn brand, as we continue to seek opportunities to navigate these uncertain times," says Beacn chief executive officer Craig Fraser.

In Q1 2025, Beacn added distribution in Australia via consumer electronics distributor, Innovate Music Australia. Beacn plans to increase its sales outside of North America through strategic B2B sales partners and focused D2C efforts in European countries with increasing sales of Beacn products.

About Beacn Wizardry & Magic Inc.

Beacn, a Victoria, B.C.-based, consumer electronics company, develops innovative audio equipment, peripherals and technology for gamers, live streamers and content creators. Beacn is committed to delivering premium products that enable everyone to produce studio-quality content. Beacn's award-winning product ecosystem includes Beacn Mic, Beacn Studio, Beacn Mix and Beacn Mix Create. Beacn is listed on the TSX Venture Exchange under the symbol Beacn.

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