Subject: EWG Q2 Financials PR
PDF Document
File: Attachment EWG_Q2_2026_PR_Final.pdf
Eat Well Investment Group Reports Second Quarter 2026 Financial Results
Gross profit jumps 74% to $1,616,704 YoY, gross margin climbs to 14.6% from 9.5% YoY,
revenue returns to growth
VANCOUVER, BC, August 25, 2026 -- Eat Well Investment Group Inc. (CSE: EWG) (US:
EWGFF) (FSE: 6BC0) ("Eat Well" or the "Company"), today announced its financial results for
the three and six months ended June 30, 2026.
The quarter extends the operating momentum reported in the first quarter, with revenue, gross profit,
gross margin and cash all improving in what is seasonally the slowest half of the Company's year.
This is the Company's first results release since the British Columbia Securities Commission issued
a full revocation of the Company's cease trade order and the Company's common shares resumed
trading on the Canadian Securities Exchange on July 29, 2026.
Second Quarter 2026 Highlights
dot Revenue of $11,043,909, up 13.5% from $9,728,813, a return to year-over-year revenue
growth
dot Gross profit of $1,616,704, up 74% from $926,825, with gross margin expanding to 14.6% from
9.5%
dot Net loss of $1,105,657, improved 17% from $1,337,920 in Q2 2025
dot Cash of $6,949,607 at quarter end, up from $5,989,647 at March 31, 2026
dot Subsequent to quarter end, the BCSC issued a full revocation of the cease trade order (July
7, 2026) and the Company's common shares resumed trading on the CSE (July 29, 2026)
First Half 2026 Highlights
dot Gross profit of $3,428,318, up 36% from $2,527,607; gross margin of 15.2% versus 10.7%, a
42% improvement
dot Positive cash flow from operating activities of $981,472
dot Revenue of $22,561,415, compared to $23,691,239 in H1 2025, reflecting lower first-quarter
volumes partially offset by the return to year-over-year growth in the second quarter
dot Net loss reduced by 48% to $2,411,887 from $4,621,614, in the Company's seasonally slowest
half (see "Seasonality" below)
Financial Summary
(in Canadian dollars) Q2 2026 Q2 2025 H1 2026 H1 2025
$9,728,813 $22,561,415 $23,691,239
Revenue $11,043,909 $926,825 $3,428,318 $2,527,607
9.5% 15.2% 10.7%
Gross profit $1,616,704 $(1,337,920) $(2,411,887) $(4,621,614)
$(0.01) $(0.01) $(0.03)
Gross profit % 14.6%
Net loss (IFRS) $(1,105,657)
Net loss per share, basic and $(0.01)
diluted
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Cash (period end) $6,949,607 $7,467,948 $6,949,607 $7,467,948
Seasonality
Eat Well's business is seasonal. Pulse crops in Saskatchewan and Montana are harvested in late
summer and early fall, and new-crop volumes move through the Company's processing facilities in
the months that follow. The first and second quarters are therefore typically the Company's slowest
of the year, with the majority of annual revenue and gross profit historically generated in the second
half. In each of the last two calendar years, the second half accounted for approximately 60% of
annual revenue, and the fourth quarter was the Company's strongest quarter of the year.
CEO Commentary
"We are pleased with the continued improvement across our key operating metrics, which is proof
of our committed hard work" commented Daniel Brody, President and Chief Executive Officer of Eat
Well. "Revenue grew 13.5%, gross profit jumped 74%, and gross margin expanded from 9.5% to
14.6%, all during our seasonally slowest stretch. We delivered these results while completing the
audit and regulatory work required to bring the Company back to good standing and resume trading.
Our priorities remain consistent: refinance our higher-interest debt, fill the capacity we have already
built, and grow the parts of the business where we set prices rather than take them. We believe the
Company is well positioned to build on this momentum, and we thank our shareholders for their
continued support."
Operational and Regulatory Update
On July 7, 2026, the British Columbia Securities Commission issued a full revocation of the cease
trade order that had been imposed in connection with the Company's failure to file certain required
continuous disclosure documents within prescribed deadlines. On July 29, 2026, the Canadian
Securities Exchange reinstated the Company's common shares for trading. The Company's
continuous disclosure record is now current, including audited annual financial statements for the
years ended December 31, 2023, 2024 and 2025 and all required interim filings. Management's
focus for the balance of 2026 is on refinancing the Company's higher-interest credit facilities and
growing its highest-margin product lines.
The Company filed its condensed interim consolidated financial statements and MD&A for the three
and six months ended June 30, 2026, on SEDAR+ on Tuesday, August 25, 2026, several days
ahead of the 60-day filing deadline applicable to CSE-listed issuers. As part of its return to normal-
course reporting, the Company is working towards the 45-day interim filing timeline that applies to
senior, non-venture issuers, the reporting standard required of TSX-listed companies.
About Eat Well Investment Group Inc.
Eat Well Investment Group Inc. 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 Canadian Securities Exchange under the symbol "EWG."
To learn more, join Eat Well's mailing list for updates at www.eatwellgroup.com.
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Contact Information
Eat Well Investment Group Inc.
Daniel Brody, President, CEO & Director
ir@eatwellgroup.com
www.eatwellgroup.com
Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking information and forward-looking statements within the meaning of applicable Canadian
securities legislation ("forward-looking statements"), often identified by words such as "expect," "intend," "plan," "believe," "anticipate,"
"estimate," "target" and similar expressions, or statements that an event "may," "will," "should," "could" or "would" occur. Forward-looking
statements in this news release include, without limitation, statements regarding: the refinancing of the Company's higher-interest
indebtedness; capacity utilization and expected throughput; the growth of the Company's higher-margin product lines; the Company's
ability to build on current operating momentum; the timing of the Company's continuous disclosure filings and its adoption of accelerated
reporting timelines; expectations regarding seasonality, including the historical weighting of revenue to the second half of the year;
expected trading dynamics in the Company's shares following reinstatement; and the Company's strategy and future operations generally.
These statements are based on assumptions management considers reasonable, including that the Company will have access to
sufficient working capital and financing on acceptable terms; that crop supply, quality and pricing, and input, freight and labour costs, will
remain within historical ranges; that customer demand will continue at or above current levels; that the Company's recent operating
improvements will be sustained; and that no material adverse change will occur in the Company's business or in general economic
conditions. Forward-looking statements should not be unduly relied upon. They are subject to risks and uncertainties that could cause
actual results to differ materially, including: the Company's history of net losses and its ability to achieve and sustain profitability; the
Company's ability to obtain financing and to refinance or repay indebtedness; share price volatility, limited liquidity and unpredictable
price discovery following a prolonged suspension of trading; crop yield, weather and commodity price volatility; foreign exchange, tariff
and international trade risks; customer and supplier concentration; labour availability; competition; and the other risk factors described in
the Company's continuous disclosure filings. Forward-looking statements are made as of the date of this news release, and the Company
disclaims any obligation to update them except as required by law. Investors should review the Company's continuous disclosure filings
at www.sedarplus.ca.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian
Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
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