18:43:20 EDT Tue 25 Aug 2026
Enter Symbol
or Name
USA
CA



Eat Well Investment Group Inc
Symbol EWG
Shares Issued 172,989,672
Close 2026-08-25 C$ 0.10
Market Cap C$ 17,298,967
Recent Sedar+ Documents

Eat Well Investment loses $1.1-million in Q2

2026-08-25 16:23 ET - News Release

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

LEGAL_50304246.3 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.

LEGAL_50304246.3 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.

LEGAL_50304246.3

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