Mr. Daniel Brody reports
EAT WELL INVESTMENT GROUP REPORTS FIRST QUARTER 2026 FINANCIAL RESULTS
Eat Well Investment Group Inc. has released its financial results for the three months ended March 31, 2026. The quarter marks a clear inflection point for the business, with positive adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), expanding gross profit and a substantial reduction in net loss, as the company continues to advance its application toward a full revocation of its cease trade order and a resumption of trading on the Canadian Securities Exchange.
First quarter 2026 highlights:
- Adjusted EBITDA of $790,313, up 49 per cent from $529,968 in Q1 2025;
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Gross profit of $1,811,614, up 13 per cent on lower revenue, reflecting margin expansion;
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Net loss of $1,306,230, reduced by 60 per cent from $3,283,694 in Q1 2025;
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Financing and transaction costs of $8,345, down from $2,746,662 in Q1 2025;
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Cash of $5,989,647 at quarter-end.
Chief executive officer commentary
"This quarter shows what we have been building toward," said Daniel Brody, president and chief executive officer of Eat Well. "Adjusted EBITDA up 49 per cent, gross margins expanded from 11.5 per cent to 15.7 per cent, and we cut our net loss by 60 per cent. The operational discipline is showing up in the results. With our filings current, we are in the clearest position we have been in years. Our priorities from here are straightforward: return to trading, refinance our higher-interest-rate debt and grow the parts of the business that carry the best margins. I want to thank our shareholders for their continued patience and support throughout this process."
Operational and regulatory update
The company has completed and filed its audited annual financial statements for the years ended Dec. 31, 2023, Dec. 31, 2024, and Dec. 31, 2025, along with the required quarterly interim financial statements. With its continuous disclosure record now current, the company has advanced its application toward a full revocation of the cease trade order and a resumption of trading on the CSE. There can be no assurance that a full revocation will be granted.
About Eat Well Investment Group Inc.
Eat Well Investment Group is a publicly traded Canadian agricultural and food infrastructure company. The company operates pulse processing facilities in Saskatchewan and Montana, serving food ingredient and consumer markets across North America and internationally. The company's common shares trade on the CSE under the symbol EWG.
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