Latest news with #CZZLF
Globe and Mail
a day ago
- Business
- Globe and Mail
Cizzle Brands Corporation Releases its Fiscal Q3 2025 Results, Reflecting Net Sales Growth of Over 25% for the Quarter
Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) (the 'Company' or 'Cizzle Brands'), has released its financial results for the third quarter of its 2025 fiscal year (three months ended April 30, 2025, referred to herein as ' FQ3 2025 '). This press release features multimedia. View the full release here: Cizzle Brands Corporation released its Fiscal Q3 2025 financial results, demonstrating strong revenue QoQ revenue growth for the quarter along with strong gross margin. Key highlights from Cizzle Brands' FQ3 2025 results include the following (all figures are in Canadian Dollars unless otherwise specified): Net sales of $3,577,113 during FQ3 2025, reflecting 25.24% sequential quarter-over-quarter (' QoQ ') growth from the previous fiscal quarter, bringing total revenues to $9.2 million for the nine months ended April 30, 2025; Gross profit increased by 14% to $1.87 million in FQ3 2025 from $1.64 million in the Company's previous fiscal quarter; Gross margin for the nine months ended April 30, 2025 was 57%; During FQ3 2025, reported U.S. sales grew 73% compared to the previous fiscal quarter, reflecting the Company's increased focus on key markets in the United States; and QoQ increase in Trade Receivables of 28.03% to $3,058,766, reflecting sustained growth of the Company's sales pipeline and a greater amount of Inventory on hand at $3,572,717, or an increase 14.43% over its previous fiscal quarter with no obsolete inventory and no provisions to inventory having been recorded. Please refer to Cizzle Brands' profile on SEDAR+ ( to view the Company's full FQ3 2025 financial statements, as well as its corresponding Management Discussion and Analysis (' MD&A '). Notable developments for Cizzle Brands during its FQ3 2025 period are summarized below. Total count of retailers and other locations carrying CWENCH Hydration™ products across North America and Europe grew to over 3,000 points of distribution; CWENCH Hydration™ became the Official Hydration Partner of USA Hockey, the national governing body of ice hockey in the United States with more than one million players, coaches, officials, and volunteers across the country; CWENCH Hydration™ became the title sponsor of the CWENCH All Canadian Basketball Games and CWENCH All Canadian Volleyball Games; The Company launched CWENCH Hydration™ in a number of key retailers: London Drugs, MacEwen-owned gas stations, Canco Petroleum, Healthy Planet, Farm Boy, and Fortinos. In addition, CWENCH was launched at Metro locations in Ontario and subsequently expanded to Quebec; CWENCH Hydration™ was placed in United Supermarkets (Texas), further adding to the brand's presence in the United States; and The Company graduated to the OTCQB® Venture Market, and the Company's common shares became eligible for electronic deposit at the Depository Trust Company (' DTC ') which simplifies the process of trading CZZLF shares for U.S. investors. Corporate Updates In addition to release of the FQ3 2025 Financial Statements, Cizzle announced today that it has filed with the securities regulatory authorities in Ontario, British Columbia, and Alberta a notice of intention to be qualified to file a short form prospectus under National Instrument 44-101 – Short Form Prospectus Distributions, and an Annual Information Form. The filings qualify Cizzle Brands as a short-form prospectus filer but do not evidence its intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. The Company also continues to evaluate a range of strategic alternatives to drive growth and maximize shareholder value as part of its ongoing review. Management is considering options to ensure each business unit is well-positioned, properly resourced, and focused on long-term value creation. Potential actions may include refining the Company's business strategy, focusing on specific products, markets, or partners; asset or business unit transactions; strategic investments; partnerships or joint ventures; or changes to capital structure and allocation. There is no assurance that this process will result in any specific action or transaction, or regarding the timing or outcome if one does occur. Cizzle Brands' Founder, Chairman, and Chief Executive Officer John Celenza commented, 'With the completion of Cizzle Brands' FQ3 2025, it is amazing to consider how much our team accomplished in under one calendar year. While many early-stage sports nutrition companies struggle to drive awareness, our disciplined approach has enabled us to be taken on by several leading Canadian retailers, in addition to Van Houtte Coffee Services Inc., a subsidiary of Keurig Dr Pepper Canada, and leading U.S. organizations such as USA Hockey and LifeTime. These accomplishments have generated quantifiable results, anchored by over CAD $9.2 million in net sales fiscal year-to-date with a gross margin of 57%, and over 3,000 locations carrying CWENCH Hydration products across North America and Europe. This is only the beginning, and on behalf of the Cizzle Brands team we are grateful to all of our investors, partners, and stakeholders who have contributed to the Company's phenomenal performance in its early stages.' About Cizzle Brands Corporation Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration™, a better-for-you sports drink that is now carried in over 3,000 locations in Canada, the United States, and Europe; and (ii) SPOKEN™ Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle. For more information about Cizzle Brands, please visit: For more information about CWENCH Hydration™, please visit: For more information about SPOKEN™ Nutrition, please visit: On behalf of the Board of Directors of the Company, CIZZLE BRANDS CORPORATION 'John Celenza' John Celenza, Founder, Chairman, and Chief Executive Officer CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
National Post
a day ago
- Business
- National Post
Cizzle Brands Corporation Releases its Fiscal Q3 2025 Results, Reflecting Net Sales Growth of Over 25% for the Quarter
Article content During the first three quarters of its 2025 fiscal year, Cizzle Brands generated more than CAD $9.2 million in revenue, mainly from sales of CWENCH Hydration™, while maintaining a 52% gross margin in its fiscal Q3. Article content TORONTO — Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) (the 'Company' or 'Cizzle Brands'), has released its financial results for the third quarter of its 2025 fiscal year (three months ended April 30, 2025, referred to herein as ' FQ3 2025 '). Article content Article content Key highlights from Cizzle Brands' FQ3 2025 results include the following (all figures are in Canadian Dollars unless otherwise specified): Article content Net sales of $3,577,113 during FQ3 2025, reflecting 25.24% sequential quarter-over-quarter (' QoQ ') growth from the previous fiscal quarter, bringing total revenues to $9.2 million for the nine months ended April 30, 2025; Gross profit increased by 14% to $1.87 million in FQ3 2025 from $1.64 million in the Company's previous fiscal quarter; Gross margin for the nine months ended April 30, 2025 was 57%; During FQ3 2025, reported U.S. sales grew 73% compared to the previous fiscal quarter, reflecting the Company's increased focus on key markets in the United States; and QoQ increase in Trade Receivables of 28.03% to $3,058,766, reflecting sustained growth of the Company's sales pipeline and a greater amount of Inventory on hand at $3,572,717, or an increase 14.43% over its previous fiscal quarter with no obsolete inventory and no provisions to inventory having been recorded. Article content Please refer to Cizzle Brands' profile on SEDAR+ ( to view the Company's full FQ3 2025 financial statements, as well as its corresponding Management Discussion and Analysis (' MD&A '). Article content Notable developments for Cizzle Brands during its FQ3 2025 period are summarized below. Article content Total count of retailers and other locations carrying CWENCH Hydration™ products across North America and Europe grew to over 3,000 points of distribution; CWENCH Hydration™ became the Official Hydration Partner of USA Hockey, the national governing body of ice hockey in the United States with more than one million players, coaches, officials, and volunteers across the country; CWENCH Hydration™ became the title sponsor of the CWENCH All Canadian Basketball Games and CWENCH All Canadian Volleyball Games; The Company launched CWENCH Hydration™ in a number of key retailers: London Drugs, MacEwen-owned gas stations, Canco Petroleum, Healthy Planet, Farm Boy, and Fortinos. In addition, CWENCH was launched at Metro locations in Ontario and subsequently expanded to Quebec; CWENCH Hydration™ was placed in United Supermarkets (Texas), further adding to the brand's presence in the United States; and The Company graduated to the OTCQB® Venture Market, and the Company's common shares became eligible for electronic deposit at the Depository Trust Company (' DTC ') which simplifies the process of trading CZZLF shares for U.S. investors. Article content Corporate Updates Article content In addition to release of the FQ3 2025 Financial Statements, Cizzle announced today that it has filed with the securities regulatory authorities in Ontario, British Columbia, and Alberta a notice of intention to be qualified to file a short form prospectus under National Instrument 44-101 – Short Form Prospectus Distributions, and an Annual Information Form. The filings qualify Cizzle Brands as a short-form prospectus filer but do not evidence its intent to file a short form prospectus, to enter into any particular financing or transaction or to become a reporting issuer in any jurisdiction. Article content The Company also continues to evaluate a range of strategic alternatives to drive growth and maximize shareholder value as part of its ongoing review. Management is considering options to ensure each business unit is well-positioned, properly resourced, and focused on long-term value creation. Potential actions may include refining the Company's business strategy, focusing on specific products, markets, or partners; asset or business unit transactions; strategic investments; partnerships or joint ventures; or changes to capital structure and allocation. There is no assurance that this process will result in any specific action or transaction, or regarding the timing or outcome if one does occur. Article content Cizzle Brands' Founder, Chairman, and Chief Executive Officer John Celenza commented, 'With the completion of Cizzle Brands' FQ3 2025, it is amazing to consider how much our team accomplished in under one calendar year. While many early-stage sports nutrition companies struggle to drive awareness, our disciplined approach has enabled us to be taken on by several leading Canadian retailers, in addition to Van Houtte Coffee Services Inc., a subsidiary of Keurig Dr Pepper Canada, and leading U.S. organizations such as USA Hockey and LifeTime. These accomplishments have generated quantifiable results, anchored by over CAD $9.2 million in net sales fiscal year-to-date with a gross margin of 57%, and over 3,000 locations carrying CWENCH Hydration products across North America and Europe. This is only the beginning, and on behalf of the Cizzle Brands team we are grateful to all of our investors, partners, and stakeholders who have contributed to the Company's phenomenal performance in its early stages.' Article content About Cizzle Brands Corporation Article content Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration™, a better-for-you sports drink that is now carried in over 3,000 locations in Canada, the United States, and Europe; and (ii) SPOKEN™ Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle. Article content This news release contains 'forward-looking information' which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as 'plans', 'expects', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes' or variations (including negative variations) of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Article content Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change. Article content Article content Article content Article content Contacts Article content For further information, please contact: Article content Article content Setti Coscarella Article content Article content Article content
Yahoo
25-02-2025
- Business
- Yahoo
Cizzle Brands Corporation Graduates to the OTCQB® Venture Market and Confirms DTC Eligibility
Starting today, Cizzle Brands' U.S. ticker symbol CZZLF will begin trading on the OTCQB® Venture Market. The graduation to the OTCQB will enhance the Company's visibility and presence among retail and institutional investors in the United States. DTC eligibility for CZZLF will also simplify the process of trading Cizzle Brands' common shares for U.S. investors. TORONTO, February 25, 2025--(BUSINESS WIRE)--Cizzle Brands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) (the "Company" or "Cizzle Brands"), is pleased to announce that its U.S. ticker symbol CZZLF has graduated to trading on the OTCQB® Venture Market ("OTCQB"). The Company anticipates that this graduation will provide greater liquidity for its common shares, and offer greater visibility and a more seamless trading experience for investors in the United States. The OTCQB is for entrepreneurial and development-stage companies both in the U.S. and internationally. The graduation to CZZLF trading on the OTCQB occurred following Cizzle Brands having successfully met all of OTCQB's Eligibility Requirements. More information about OTCQB can be found at: In addition to the graduation to OTCQB, the Company is pleased to announce that the Depository Trust Company ("DTC") has made Cizzle Brands' common shares eligible for electronic deposit at DTC. DTC eligibility streamlines the trading process, making it more efficient for investors and brokers. As a subsidiary of the Depository Trust & Clearing Corporation (DTCC), DTC handles electronic clearing and settlement for publicly traded companies. With DTC eligibility, the Company's shares can now be traded across a wider network of brokerage firms, accelerating the settlement process and improving access for a broader range of investors. The graduation to the OTCQB and DTC eligibility occurred only eight weeks after Cizzle Brands' common shares began trading on the Cboe Canada Inc. stock exchange ("Cboe Canada") in Canada under the ticker symbol CZZL, and just three weeks after the Company obtained its first European listing on the Frankfurt Stock Exchange under the ticker symbol 8YF. The Company's public listing on Cboe Canada has generated a significant amount of media and investor interest, with Cizzle Brands' Founder, Chairman and CEO, John Celenza, being interviewed on BNN Bloomberg, Trader TV, and amongst others. With respect to the graduation to OTCQB and DTC eligibility, Mr. Celenza commented "These are very exciting times for Cizzle Brands, as we continue to gain momentum both in the capital markets, and in the consumer packaged goods space. We have worked hard to generate measurable value for our shareholders, hitting key milestones and driving growth that can be leveraged to further scale our business. Graduating to a higher tier on the OTC Markets and DTC eligibility are important steps for reaching American investors, as we look forward to providing more investors around the world with the opportunity to take part in elevating the game in health and wellness by investing in Cizzle Brands." Cizzle Brands' Head of Corporate Development Setti Coscarella commented, "In less than two months since our market debut, Cizzle Brands' common shares are now traded in three different countries, and we are pleased to have had our U.S. ticker CZZLF graduated to the OTCQB market along with DTC eligibility. This development is meaningful because our investor base is now positioned to benefit from improved liquidity, and reduced barriers for U.S. investors to buy Cizzle Brands' common shares through their preferred broker-dealer. The year of 2025 continues to bring about many great achievements for Cizzle Brands, and we are truly just getting started." About Cizzle Brands Corporation Cizzle Brands Corporation is a sports nutrition company that is elevating the game in health and wellness. Through extensive collaboration and testing with leading athletes and trainers across several elite sports, Cizzle Brands has launched two leading product lines in the sports nutrition category: (i) CWENCH Hydration™, a better-for-you sports drink that is now carried in over 1,200 stores in Canada, the United States, and Europe; and (ii) Spoken Nutrition, a premium brand of athlete-grade nutraceuticals that carry the prestigious NSF Certified for Sport® qualification. All Cizzle Brands products are designed to help people achieve their best in both competitive sports and in living a healthy, vibrant, active lifestyle. For more information about Cizzle Brands, please visit: For more information about CWENCH Hydration™, please visit: Notice Regarding Images and Links: This press release may contain images and/or links to outside web pages, which could play an important role in providing the full context of the news update being conveyed through this press release. Some news aggregation services may remove these images and/or links at their discretion. Therefore, readers are encouraged to access SEDAR+ or the News section of the Cizzle Brands Corporation website to view this press release containing all images and/or links as originally published. On behalf of the Board of Directors of the Company, CIZZLE BRANDS CORPORATION "John Celenza" John Celenza, Founder, Chairman, and Chief Executive Officer CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, such as, but not limited to: new products of the Company and potential sales and distribution opportunities. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change. View source version on Contacts For further information, please contact: Setti CoscarellaHead of Corporate Developmentinvestors@ 1-844-588-2088 Sign in to access your portfolio
