Jones Soda Co (JSDA) Q2 2025 Earnings Call Highlights: Revenue Decline Offset by Strategic ...
HD9 THC Product Revenue: $0.8 million in Q2 2025, up from $0.6 million in Q2 2024.
Gross Profit Margin: 33.3% in Q2 2025, compared to 34.3% in Q2 2024.
Total Operating Expenses: Decreased 37% to $2.4 million in Q2 2025 from $3.8 million in Q2 2024.
Net Income: $2.6 million or $0.02 per share in Q2 2025, compared to a net loss of $1.6 million or $0.02 loss per share in Q2 2024.
Adjusted EBITDA: Improved to negative $571,000 in Q2 2025 from a loss of $1.1 million in Q2 2024.
Cash Position: Approximately $0.7 million as of June 30, 2025.
Divestiture Proceeds: $3 million from the sale of the cannabis business.
New Distributors: Signed five new distributors and expanded into 829 additional convenience channels in Q2 2025.
Warning! GuruFocus has detected 6 Warning Signs with JSDA.
Release Date: August 15, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Positive Points
Jones Soda Co (JSDA) successfully completed the divestiture of its cannabis business, generating $3 million in proceeds, allowing the company to focus on its core beverage operations.
The company signed five new distributors and expanded its presence into an additional 829 convenience channels, indicating strong distribution growth.
Jones Soda Co (JSDA) reported strong traction and growth in its core Zero sodas and HD9 THC zero-sugar products, showing effective market adaptation.
The company maintained similar gross profit margins despite a decrease in revenue, thanks to cost reduction efforts.
Jones Soda Co (JSDA) achieved a net income of $2.6 million in the quarter, a significant improvement from a net loss of $1.6 million in the previous year, driven by the gain on the sale of its cannabis business and reduced operating costs.
Negative Points
Net revenue for the second quarter was $4.9 million, down from $6.7 million in the same period last year, primarily due to a onetime pipeline fill in 2024 and the loss of a discount market customer.
The company faced a temporary sales impact in Q2 due to an HD9 THC supply issue, although this has been resolved.
Gross profit as a percentage of revenue slightly decreased to 33.3% from 34.3% in the prior year period.
Adjusted EBITDA remained negative at $571,000, although it showed a 48% improvement from the previous period.
The company had only $0.7 million in cash as of June 30, 2025, indicating limited liquidity, although it has ample capacity under its credit line for additional needs.
Q & A Highlights
Q: What is the company's approach to operating in today's virality-driven marketing landscape, and is the company leveraging AI for advertisements? A: Scott Harvey, CEO, explained that Jones Soda is deploying a social media strategy using brand influencers and digital marketing to drive product awareness. The company is exploring AI for creating low-cost, catchy advertisements and plans to test this approach soon.
Q: Has Jones Soda landed any new accounts in the past three months? A: Scott Harvey, CEO, confirmed that Jones Soda has secured new retailers and distributors, including a new club opportunity set to roll out at the end of the month, indicating positive momentum for the brand.
Q: How has sell-through been at current retailers, and can you provide specific metrics? A: Scott Harvey, CEO, reported that Jones core soda single bottles sell at $3.23 per SKU per store per week, ranking third in the craft soda category. Pop Jones sells at $2.09 per SKU per store per week, ranking 11th in the modern soda category, with expectations to move into the top five after marketing efforts in September.
Q: Can you provide an update on the product roadmap and priorities? A: Scott Harvey, CEO, stated that the company remains focused on its core, modern, and adult beverage categories, driving innovation within these areas to maintain focus and avoid distractions.
Q: Are there plans to offer the full Jones Soda and HD9 lineup in zero-sugar variations? A: Scott Harvey, CEO, confirmed that zero-sugar products are available in the core lineup, with plans to expand based on product velocity. The company is rolling out HD9 Zeros this quarter to cater to health-conscious consumers.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
This article first appeared on GuruFocus.
Inicia sesión para acceder a tu cartera de valores
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
7 hours ago
- Yahoo
Northern Oil and Gas (NOG) Touts Appalachian and Uinta Basin Properties Growth
Northern Oil and Gas Inc (NYSE:NOG) is one of the best energy stocks to buy for the long term. On August 1, the company delivered impressive second-quarter 2025 results that topped consensus estimates. charlie-hang-Hf1Wk-T4Lxo-unsplash The oil and gas company achieved earnings per share of $1, compared to the $0.95 per share that analysts expected. Revenue came in at $574.4 million, compared to the $526.63 million that analysts had predicted. The better-than-expected results came on the company achieving robust operational performance in Q2 2025, with total daily production increasing 9% year-over-year to 134,000 barrels of oil per day. 'NOG's diverse and scaled platform delivered solid results, with strong free cash flow generation and continued growth from our Appalachian and Uinta Basin properties. The Ground Game continues to gain momentum, providing accretive opportunities that should benefit the Company through cycle, featuring both near term development and longer dated inventory rich opportunities,' commented Nick O'Grady, Northern Oil and Gas Inc's Chief Executive Officer. During the quarter, Northern Oil and Gas repurchased 1.1 million shares of common stock at an average share price of $31.15 a share. It also returned value to shareholders with the payment of a $0.45 dividend per share, representing a 7% quarter-over-quarter increase. Concerned by the volatility in commodity markets, the company is reducing its activity in the Williston Basin. It is now expected that capital spending will average between $125 and $150 million. Northern Oil and Gas Inc (NYSE:NOG) is an independent energy company focused on acquiring, developing, and producing oil and natural gas properties in the United States. It invests in non-operated, minority working and mineral interests, meaning they partner with other companies that operate the wells. While we acknowledge the potential of NOG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Industrial Stocks to Buy Amid Easing Tariff Uncertainties and 12 Best Falling Stocks to Buy Now. Disclosure: None. This article is originally published at Insider Monkey. newsletter][/daily-newsletter] Sign in to access your portfolio
Yahoo
12 hours ago
- Yahoo
Blink Charging Co (BLNK) Q2 2025 Earnings Call Highlights: Navigating Revenue Growth Amidst ...
Total Revenue: $28.7 million in Q2 2025, compared to $33.3 million in Q2 2024. Product Revenue: $14.5 million in Q2 2025, compared to $23.6 million in Q2 2024; 73% sequential growth from Q1 2025. Service Revenue: $11.8 million in Q2 2025, up 46% year-over-year from $8 million in Q2 2024. Other Revenue: $2.4 million in Q2 2025, up 47% year-over-year. Gross Profit: $2.1 million or 7.3% of revenues in Q2 2025, compared to $10.7 million or 32% in Q2 2024. Operating Expenses: $34.3 million in Q2 2025, compared to $31.4 million in Q2 2024. Net Loss Per Share: $0.31 in Q2 2025, compared to $0.20 in Q2 2024. Adjusted EBITDA: Loss of $24.4 million in Q2 2025, compared to a loss of $14.7 million in Q2 2024. Cash and Cash Equivalents: $25.3 million as of June 30, 2025, compared to $55 million as of December 31, 2024. Energy Distributed: 49 gigawatt hours in Q2 2025, a 66% year-over-year increase. Non-Cash Charges: $16.5 million in Q2 2025, including inventory write-offs and asset impairments. Reduction in Compensation Expense: 22% reduction in Q2 2025. Warning! GuruFocus has detected 6 Warning Signs with BLNK. Release Date: August 18, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Blink Charging Co (NASDAQ:BLNK) reported a 38% sequential growth in total revenues for Q2 2025, with product revenues increasing by 73% compared to Q1 2025. Service revenue grew 46% year-over-year, reflecting increased demand for charging and network services in both Europe and the United States. The company delivered a record 49 gigawatt hours of energy during the quarter, representing a 66% year-over-year increase. Blink Charging Co (NASDAQ:BLNK) achieved a 22% reduction in compensation expenses during the second quarter, contributing to cost savings. The acquisition of Zemetric filled a critical gap in Blink's product portfolio, providing a cost-effective solution for fleet and multifamily market segments. Negative Points Despite revenue growth, Blink Charging Co (NASDAQ:BLNK) reported a gross profit decline to $2.1 million or 7.3% of revenues, compared to $10.7 million or 32% of revenues in the second quarter of 2024. The company incurred $16.5 million in largely one-time non-cash charges during the second quarter, including inventory write-offs and asset impairments. Operating expenses increased to $34.3 million in Q2 2025 from $31.4 million in the same period of 2024, despite efforts to reduce costs. Blink Charging Co (NASDAQ:BLNK) reported a loss per share of $0.31, compared to a $0.20 loss in the prior year period. Cash and cash equivalents decreased to $25.3 million as of June 30, 2025, from $55 million at the end of 2024, with a cash burn of approximately $30 million in the first half of the year. Q & A Highlights Q: Can you update us on the gross margins, especially given the strength in DC fast charging, which typically has lower margins? A: Michael Battaglia, President and CEO: The adjusted gross margin was about 30%, driven by a higher mix of DC fast chargers, which have a lower margin profile. However, our Series product line and the Zemetric product will help maintain historically healthy margins. Q: Can you provide some color on product sales and other revenue progression through the end of the year? A: Michael Battaglia, President and CEO: We expect product sales to continue being a significant part of the mix, with broad-based improvement across product sales, service revenues, and other revenues. We anticipate doing better in the second half of the year than the first half. Q: Can you discuss the cash flow outlook for the third and fourth quarters? A: Michael Bercovich, CFO: We ended the quarter with $25.3 million in cash, burning $16.7 million in Q2. This is not a normal run rate. We expect improvements in cash flow due to reduced compensation and professional services costs, headcount reductions, and improved AR collections. Q: Regarding the Envoy restructuring, does this transaction eliminate the $23.5 million contingent consideration? A: Michael Battaglia, President and CEO: Yes, the transaction eliminates the $23.5 million contingent consideration, with the remaining obligation being performance-based warrants. Q: Can you elaborate on the Zemetric acquisition and its impact on product revenues? A: Michael Battaglia, President and CEO: Zemetric fills a gap in our product portfolio for cost-optimized chargers for fleet and multifamily markets. It brings innovative network technology and talent, with revenues from product sales and network fees. We expect it to enhance our equipment growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
a day ago
- Yahoo
DeFi Technologies Inc (DEFT) Q2 2025 Earnings Call Highlights: Strong Financial Performance ...
Adjusted Revenue: US $32.1 million for Q2 2025. Adjusted EBITDA: US $21.6 million for Q2 2025. Adjusted Net Income: US $17.4 million for Q2 2025. Assets Under Management (AUM): Ended Q2 at US $772.8 million, reaching US $947 million by July 31st. Net Inflows: US $77.4 million for the first half of 2025. IFRS Revenue: US $13.4 million for Q2 2025, cumulative US $57.1 million for the six months ended June 30th. Cash and Digital Assets: US $26.4 million in cash and US $26 million in digital assets as of June 30th. Staking Income: Effective realized staking income of 3.6% on average AUM during Q2. Management Fee Yield: 1.1% for Q2 2025. Share Buyback: Repurchased 675,900 shares, returning US $1.9 million to investors. Warning! GuruFocus has detected 5 Warning Signs with DEFT. Release Date: August 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points DeFi Technologies Inc (NASDAQ:DEFT) reported strong financial performance in Q2 2025 with adjusted revenues of $32.1 million, adjusted EBITA of $21.6 million, and adjusted net income of $17.4 million. The company's largest business unit, Vellore, saw significant demand with net inflows totaling $77.4 million for the first half of the year, and AUM reaching $947 million by July 31st. DeFi Technologies Inc (NASDAQ:DEFT) launched 14 new ETPs in Q2, keeping on track to reach 100 listed products by year-end, potentially becoming the largest issuer of digital asset structured products on regulated stock exchanges. The company is expanding globally, with regulatory approvals in final phases in Kenya and Turkey, and targeting other markets in Asia and Latin America. DeFi Technologies Inc (NASDAQ:DEFT) is well-capitalized with $26.4 million in cash and $26 million in digital assets, and is renewing its share buyback program to capitalize on undervalued shares. Negative Points Q2 average AUM decreased to $748 million from $780 million in Q1 due to negative cryptocurrency price movements, impacting revenue. The company missed its revenue guidance for the first half of the year by $5.5 million, primarily due to deferred DeFi alpha trading revenues. Staking revenue declined due to a drop in on-chain activity and lower average prices of key assets like Ethereum and Solana. The effective AUM monetization rate decreased from 6.2% in Q1 to 4.7% in Q2, reflecting lower staking yields and management fees. There are ongoing challenges in expanding into new regions, with regulatory approvals and market conditions causing delays. Q & A Highlights Q: Can you help us bridge the guidance of US $218 million for the full year? What are the big drivers to achieve this? A: Johan Wattenstrom, Chief Operating Officer, explained that the improved market conditions and portfolio composition have positioned the company to generate more yields. The pipeline for alpha trades has also increased in value, contributing to the higher guidance. Q: What are the roadblocks to expanding into Africa, Asia, and the Middle East? A: Andrew Forson, Director, stated that it's more about completing regulatory processes rather than roadblocks. The company is actively engaging with local authorities and expects to announce progress once all conditions are met. Q: How does the company plan to approach product development strategically? A: Johan Wattenstrom, Chief Operating Officer, highlighted that the company aims to be a leading asset manager by offering a wide range of digital asset products. This strategy has attracted interest from global banks and institutions looking to build products on top of their offerings. Q: Can you provide more details on the new advisory business and its potential? A: Andrew Forson, Director, explained that the advisory business is in demand from foundations and public companies transitioning to digital assets. The company offers solutions for liquidity, token distribution, and revenue-generating projects, leveraging its expertise in the digital asset space. Q: What gives you confidence that the alpha trades will occur in the second half of the year? A: Johan Wattenstrom, Chief Operating Officer, expressed confidence in executing the majority of the planned trades due to strong relationships with counterparties and favorable market conditions. The company has a pipeline of trades and expects to achieve its targets even if not all trades are completed. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
