Jarritos Celebrates 75 Years of Flavour and Canada is Invited to the Party
Celebrate 75 years of flavour with Jarritos at a Toronto pop-up Aug 15–17 and a nationwide giveaway Aug 29.
From August 15-17, 45 Ossington Avenue, one of Toronto's trendiest streets, will be transformed into an interactive Jarritos playground from 5-8pm on Friday and 12-8pm Saturday and Sunday. The three-day celebration will immerse visitors in a colourful world of flavour, featuring engaging activities, delicious treats, and unique brand experiences around every corner:
Interactive Installations – Vibrant, eye-catching displays designed to create memorable moments for guests.
Flower Giveaways – Bright bouquets wrapped in Jarritos-branded paper.
Exclusive Merch – Limited edition, stylish pieces made to be worn and treasured.
Happy Hour (3–5 PM Saturday & Sunday) – Free tacos and Jarritos mocktails to keep the good vibes flowing.
Full Sampling – A chance to taste Jarritos' most beloved and adventurous flavours.
The celebration is supported by an integrated city takeover, including nine billboards in Toronto's most high-traffic neighbourhoods, over 100 TTC posters, a fully wrapped streetcar, and posters across Ossington Station, guiding guests straight to the celebration.
To close out the anniversary with a national toast, Jarritos will host its first-ever coast-to-coast in-person giveaway on August 29. Partnering with 75 independent restaurants across Canada, the first 75 customers at each location will receive a free Jarritos, creating hundreds of joyful brand moments in a single day.
'This is more than a birthday, it's a thank-you to our fans,' said Santiago Behar, Canada Country Manager at Jarritos. 'From the streets of Toronto to restaurants across Canada, we're celebrating the people and communities who have made Jarritos part of their tables and traditions.'
For more details on Jarritos' 75th anniversary events and participating restaurant partners, follow @JarritosCanada.
ABOUT JARRITOS
Jarritos Sodas come from the vibrant streets of Mexico, where optimism and hope overrule adversity, where bright colours and bold flavours are the norm and not the exception. Created in 1950 by Francisco 'El Güero' Hill in Mexico in his very own dining room, he used real fruits and real sugar to make soda so good, people kept saying '¡Que Buenos Son!' Becoming the best-selling drink in the country by 1960, we've kept the same flavour and same authentic glass bottles, while expanding to 12 vibrant flavours. We not only export products, we export our culture to the world. Each unique taste is a delicious slice of our Mexican heritage. ¡Salud!
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These non-GAAP financial measures are not intended to be considered in isolation from, as a substitute for, or as more important than, the financial information prepared and presented in accordance with GAAP. In addition, these non-GAAP measures have limitations in that they do not reflect all of the items associated with the company's results of operations as determined in accordance with GAAP. Non-GAAP financial measures are not an alternative to the Company's GAAP financial results and may not be calculated in the same manner as similar measures presented by other companies. The Company provides net income (loss) and earnings (loss) per share in accordance with GAAP. In addition, the Company provides EBITDA (defined as GAAP net income (loss) from continuing operations before interest (income) expense, income taxes, depreciation, and amortization). The Company defines 'Adjusted EBITDA' as EBITDA excluding certain non-cash, non-recurring, and unusual items, such as stock-based compensation, non-recurring legal fees, repayments of restricted cash, and unrealized foreign currency transactions. In the future, the Company may also consider whether other items should also be excluded in calculating the non-GAAP financial measures used by the Company. Management believes that the presentation of these non-GAAP financial measures provides investors with additional useful information to measure the Company's financial and operating performance. In particular, these measures facilitate comparison of our operating performance between periods and help investors to better understand the operating results of the Company by excluding certain items that may not be indicative of the Company's core business, operating results, or future outlook. Additionally, we consider quantitative and qualitative factors in assessing whether to adjust for the impact of items that may be significant or that could affect an understanding of our ongoing financial and business performance or trends. Internally, management uses these non-GAAP financial measures, along with others, in assessing the Company's operating results, measuring compliance with any applicable requirements of the Company's debt financing agreements in place at such time, as well as in planning and forecasting. The Company's non-GAAP financial measures are not based on a comprehensive set of accounting rules or principles, and our non-GAAP definitions of the 'EBITDA' and 'Adjusted EBITDA' do not have a standardized meaning. Therefore, other companies may use the same or similarly named measures, but include or exclude different items, which may not provide investors a comparable view of the Company's performance in relation to other companies. 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In some cases, you can identify forward-looking statements by terminology such as 'may,' 'will,' 'should,' 'expect,' 'plan,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'intend' or 'continue,' the negative of such terms, or other comparable terminology. These statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to be materially different from those contemplated by the forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside our control, that could cause actual results or outcomes to differ materially from those discussed in these forward-looking statements. The inclusion of such information should not be regarded as a representation by the Company, or any person, that the objectives of the Company will be achieved. Important factors, among others, that may affect actual results or outcomes include: risks associated with the future direction or governance of the Company; our ability to execute on our strategic and business plans; the substantial uncertainties inherent in the acceptance of existing and future products and services; the ability to retain key personnel; current and potential litigation and related legal expenses; general economic and market conditions impacting demand for our services; our inability to enter into one or more future acquisition or strategic transactions; and our ability, or a decision not to pursue strategic options for the esports business. You should consider the areas of risk described in connection with any forward-looking statements that may be made herein. The business and operations of AGAE are subject to substantial risks, which increase the uncertainty inherent in the forward-looking statements contained in this communication. Except as required by law, we undertake no obligation to release publicly the result of any revision to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Further information on potential factors that could affect our business and results is described under 'Item 1A. Risk Factors' in our Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the U.S. Securities and Exchange Commission (the 'SEC') on June 9, 2025, as well as subsequent reports we file with the SEC. Readers are also urged to carefully review and consider the various disclosures we made in such Annual Report on Form 10-K and in subsequent reports with the SEC. 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Stockholders' Equity 57,549,427 73,010,817 Non-controlling interest 4,524,697 4,519,065 Total Stockholders' Equity 62,074,124 77,529,882 Total Liabilities and Stockholders' Equity $ 108,576,901 $ 112,687,259 The accompanying notes are an integral part of these condensed consolidated financial statements. Expand ALLIED GAMING & ENTERTAINMENT INC. 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AGAE's management believes EBITDA and Adjusted EBITDA are useful because they allow external users of its financial statements, such as industry analysts, investors, lenders and rating agencies, to more effectively evaluate its operating performance, compare the results of its operations from period to period and against AGAE's peers without regard to AGAE's financing methods, hedging positions or capital structure and because it highlights trends in AGAE's business that may not otherwise be apparent when relying solely on GAAP measures. AGAE presents EBITDA and Adjusted EBITDA because it believes EBITDA and Adjusted EBITDA are important supplemental measures of its performance that are frequently used by others in evaluating companies in its industry. Because EBITDA and Adjusted EBITDA exclude some, but not all, items that affect net income (loss) and may vary among companies, the EBITDA and Adjusted EBITDA AGAE presents may not be comparable to similarly titled measures of other companies. AGAE defines EBITDA as earnings before interest, income taxes, depreciation and amortization of intangibles. AGAE defines Adjusted EBITDA as EBITDA excluding stock-based compensation and non-recurring, infrequent or unusual items. The following table presents a reconciliation of EBITDA and Adjusted EBITDA from net loss, AGAE's most directly comparable financial measure calculated and presented in accordance with GAAP. Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net loss $ (4,833,967 ) $ (3,882,951 ) $ (9,733,854 ) $ (5,712,402 ) Interest income, net (1,015,094 ) (1,041,468 ) (1,879,399 ) (1,900,673 ) Depreciation and amortization 389,712 402,968 772,150 780,168 EBITDA (5,459,349 ) (4,521,451 ) (10,841,103 ) (6,832,907 ) Non-recurring legal fees (1) 2,403,541 2,938,034 4,027,488 3,138,034 Non-recurring proxy contest costs (2) 1,074,533 - 1,077,851 - (Gain) on investment in marketable securities (787,869 ) - (512,593 ) - (Gain) on investment in money market fund (19,588 ) - (386,109 ) - Loss (gain) on foreign currency transactions, net 535,745 (351,434 ) 1,101,041 (351,434 ) Stock based compensation 190,762 202,308 379,198 673,908 Adjusted EBITDA $ (2,062,225 ) $ (1,732,543 ) $ (5,154,227 ) $ (3,372,399 ) Expand Notes: (1) Represents defense and other costs related to complaints filed by a shareholder in the Court of Chancery of the State of Delaware on March 7, 2024 and November 12, 2204. (2) Represents legal and other professional fees related to a proxy contest between the Company and a dissident shareholder along with a 13D suit we filed against such shareholder. Expand
Boston Globe
9 hours ago
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Photographically, California in the ‘60s comes to Hyannis in 2025
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