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Enter Symbol
or Name
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CA



Darelle Online Solutions Inc (2)
Symbol DAR
Shares Issued 2,456,939
Close 2025-04-24 C$ 0.175
Market Cap C$ 429,964
Recent Sedar+ Documents

Darelle loses $85,764 over six months

2025-04-25 18:25 ET - News Release

Subject: News Release - Darelle Online Solutions Inc. PDF Document

File: Attachment DOSI PR - April 25 2025 Results Release.pdf

News

FOR IMMEDIATE RELEASE

DARELLE ANNOUNCES FINANCIAL RESULTS

Vancouver, B.C. April 25, 2025 Darelle Online Solutions Inc. ("darelle" and/or the "Company") (TSXV: "DAR") today released its interim financial and operational results for the six-month period ended February 28, 2025.

The full text of darelle's second quarter financial results is contained in its unaudited condensed interim consolidated financial statements for the six-month period ended February 28, 2025 and the related management's discussion and analysis, copies of which are available electronically on darelle's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at https://www.sedarplus.ca/darelle

Quarterly Financial Results

The Company generated revenue of $27,949 during the period compared with $37,832 during the same six month period in 2024. Revenue is comprised of a set-up fee and a flat administration fee ("Processing Fees) per raffle ticket sold by organizations. The Company realized set-up fees of $2,250 with the remaining revenue ($25,699) in processing fees. Processing fees are recognized once the raffle draw is complete and/or the organization has sold all available tickets.

The Company reported a comprehensive loss of $85,764 (($0.04) per share) during the six month period ended February 28, 2025 compared to a comprehensive loss of $93,244 (($0.04) per share) during the same six month period in the 2024 fiscal year.

Operational Update

The Company continues to look at opportunities to expand the geographical scope of the darelle.com platform. Currently the Company only operates in the province of British Columbia. Opportunities for expansion include the provinces of Manitoba, Saskatchewan, Alberta, Nova Scotia, and Ontario. The Company is also reviewing opportunities for expansion into the United States. Expansion will be dependent upon the Company securing a strategic partner and/or equity financing.

About Darelle Online Solutions Inc.

Darelle Online Solutions Inc. is a British Columbia corporation with its head office in Vancouver, British Columbia. Darelle.com is an online marketplace which has developed a platform in which charitable and nonprofit organizations can create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. The Company is listed on the TSX Venture Exchange as a Tier 2 Technology Issuer. The Company has a total of 2,456,939 common shares issued and outstanding. Page 2

Additional information on the company can be found at www.darelle.com For Further Information, Contact: Dean Bethune President & CEO Phone (778) 840-3325 Email: dbethune@darelle.com

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, as well as other factors beyond the Company's control. These forward-looking statements are made as of the date of this news release. Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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