Latest news with #JamesMcInnes
The Market Online
4 days ago
- Business
- The Market Online
Odd Burger achieves record revenue in Q3 2025
Odd Burger (TSXV:ODD) posted its highest-ever quarterly revenue of C$1.04 million, a 42.8 per cent increase over Q2 and 18.8 per cent year-over-year growth The company reported positive EBITDA of C$40,407, a major turnaround from Q2's negative C$242,019, signalling profitable core operations. Net loss narrowed by 60 per cent to C$147,905, while salaries and wages dropped 57 per cent year-over-year, reflecting leaner staffing and cost control Odd Burger stock (TSXV:ODD) opened trading 6.25 per cent higher at $0.17 Vegan fast-food stock Odd Burger (TSXV:ODD) announced its unaudited financial results for Q3 ended June 30, 2025. The company reported its highest quarterly revenue in history and achieved positive earnings before interest, taxes, depreciation, and amortization (EBITDA), marking a significant milestone in its journey toward sustained profitability. This content has been prepared as part of a partnership with Odd Burger Corp. and is intended for informational purposes only. Financial highlights – Q3 2025 Revenue: C$1,044,646 — a record high, up 42.8 per cent from Q2 2025 and 18.8 per cent from Q3 2024. EBITDA: C$40,407 — a turnaround from Q2's negative C$242,019, signaling profitable core operations. Gross margin: C$443,575 (42.5 per cent) — up from 34.0 per cent in Q2, driven by increased franchise revenue and improved pricing in retail channels. Net loss: C$(147,905) — a 60 per cent improvement over Q2's C$(372,300). Salaries and wages: C$126,658 — down 57 per cent year-over-year due to leaner staffing. SG&A expenses: C$222,912 — reduced by C$130,569 from Q2. Growth driven by franchise and CPG channels Odd Burger's revenue growth was fueled by expanded food processing sales to franchise and consumer packaged goods (CPG) channels. The company's gross margin improved significantly to 42.5 per cent, reflecting strategic pricing adjustments and stronger franchise performance. Operational efficiency and cost management The company continued to streamline operations, with salaries and wages dropping 57 per cent year-over-year. While professional fees rose to C$211,433 due to legal and investor relations activities, SG&A expenses were down quarter-over-quarter, reflecting disciplined cost control. Can I speak to the manager? 'Achieving positive EBITDA this quarter marks a critical milestone for Odd Burger,' Odd Burger's CEO and co-founder, James McInnes said in a news release. 'It validates the strength of our business model and demonstrates that we can scale efficiently while maintaining operational discipline. Surpassing C$1 million in quarterly revenue for the first time—paired with strong gross margins—highlights both the growing demand for our offering and the exceptional execution by our team' Order up Odd Burger's Q3 net loss narrowed substantially, and the company posted positive EBITDA for the first time in recent quarters. Although EBITDA was lower than Q3 2024, the shift from a significant negative in Q2 2025 underscores the company's improving financial health. About Odd Burger Odd Burger Corp. is a franchised vegan fast-food restaurant chain that manufactures a proprietary line of plant-based protein and dairy alternatives. The company's restaurants operate as smart kitchens, using state-of-the art cooking technology and automation solutions to deliver a delicious food experience. Odd Burger stock (TSXV:ODD) opened trading 6.25 per cent higher at $0.17 and has risen 21.43 per cent since this time last year but has lost 46.88 per cent since this time last year. Join the discussion: Find out what the Bullboards are saying about Odd Burger and check out Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here .
Yahoo
4 days ago
- Business
- Yahoo
Odd Burger Reports Record Revenue and Positive EBITDA in Q3 Financial Results
LONDON, ON, , Aug. 8, 2025 /CNW/ - Odd Burger Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCPK: ODDAF) (FSE: IA9), one of the world's first vegan fast-food chains and a pioneer in plant-based quick service, is pleased to announce that its financial results for its third quarter, ended June 30, 2025, have been posted with Canadian securities regulatory authorities at Odd Burger reported its highest quarterly revenue in the Company's history and achieved positive EBITDA, a key indicator that Odd Burger's core operations are profitable. Financial Highlights – Q3 2025 (unaudited) Revenue: $1,044,646 — a record high for the Company, representing a 42.8% increase over Q2 2025 and an 18.8% increase over Q3 2024. EBITDA: $40,407 — a improvement of $282,426 from negative EBITDA of $(242,019) in Q2 2025, marking a key milestone for the Company's profitability. Gross Margin: $443,575 (42.5%) — up from 34.0% in Q2 2025, driven by increased franchise revenue and improved pricing in retail sales channels. Net Loss: $(147,905) — a 60% improvement over Q2 2025 net loss of $(372,300). Salaries & Wages: $126,658 — reduced by 57% compared to Q3 2024 due to leaner staffing strategies. SG&A Expenses: $222,912 — down $130,569 from Q2 2025. "Achieving positive EBITDA this quarter marks a critical milestone for Odd Burger," said James McInnes, CEO and Co-Founder of Odd Burger. "It validates the strength of our business model and demonstrates that we can scale efficiently while maintaining operational discipline. Surpassing $1 million in quarterly revenue for the first time—paired with strong gross margins—highlights both the growing demand for our offering and the exceptional execution by our team." SUMMARY OF QUARTERLY RESULTS The following sets forth unaudited financial information for each of the last eight quarters and subsequent abbreviated analysis from the company's MD&A. Quarter Ended June 30, 2025 Mar 31, 2025 Dec 31, 2024 Sept 30, 2024 Revenue $1,044,646 $731,337 $727,294 $685,124 Net Loss and Comprehensive Loss $(147,905) $(372,300) $ (272,476) $(1,347,896) Net Loss Per Share $(0.002) $(0.004) $(0.003) $(0.015)Quarter Ended June 30, 2024 Mar 31, 2024 Dec 31, 2023 Sept 30, 2023 Revenue $879,367 $800,481 $734,373 $883,596 Net and Comprehensive Loss $(120,467) $(383,829) $(275,808) $(1,529,492) Net Loss Per Share $(0.001) $(0.004) $(0.003) $(0.020) Revenue & Gross MarginIn Q3 2025, revenue rose by $313,309 (42.8%) over Q2 2025 and by $165,279 (18.8%) over Q3 2024, driven by new food processing sales to franchise and CPG channels. Gross margin reached $443,575 (42.5%), up from $248,421 (34.0%) in Q2 2025 and $406,651 (46.1%) in Q3 2024. The margin increase over Q2 reflects higher franchise revenue and pricing increases in CPG distribution. Salaries, Wages and Professional FeesQ3 2025 salaries and wages were $126,658, up $55,535 from Q2 but down $166,364 from Q3 2024, reflecting leaner staffing. Professional fees totaled $211,433, increasing from $179,818 in Q2 and $42,818 in Q3 2024, mainly due to legal and investor relations costs. SG&A expenses were $222,912—down $130,569 from Q2, but up $108,535 from Q3 2024, largely due to the prior year's reversal of a $207,747 expected credit loss tied to a re-leased franchise location. Net Loss and EBITDAQ3 2025 net loss was $147,905, improving by $224,395 from Q2 2025. Compared to Q3 2024's net loss of $120,461, the result is relatively flat. EBITDA reached $40,407—up $282,426 from Q2's negative $242,019 EBITDA, but $77,161 lower than Q3 2024. About Odd Burger Corporation Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food that can be enjoyed at its restaurant locations or at home though its CPG line. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol "ODD" and on the OTCPK under the symbol "ODDAF". For more information visit Forward-Looking Information This news release contains forward-looking information for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions. Forward looking information contained or referred to in this news release includes statements relating to approval of the TSX Venture Exchange, future restaurant openings, potential franchisees, demand for our products and other similar statements. Forward-looking information is based on several factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to material assumptions with respect to the continued strong demand for the Company's products, the availability of sufficient financing on reasonable terms to fund the Company's capital requirements and the ability to obtain necessary equipment, production inputs and labour. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward-looking information include, among others, negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, expansion of facilities, competition, availability of raw materials, dependence on senior management and key personnel, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, unfavourable publicity or consumer perception, product liability and product recalls, risks related to intellectual property, difficulties with forecasts, management of growth and litigation, as well as the impact of, uncertainties and risks associated with the ongoing COVID-19 pandemic, many of which are beyond the control of the Company. For a more comprehensive discussion of the risks faced by the Company, please refer to the Company's Annual Information Form filed with Canadian securities regulatory authorities at The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Non-GAAP Measures This news release may refer to certain non-GAAP measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. SOURCE Odd Burger Corporation View original content to download multimedia:
Cision Canada
4 days ago
- Business
- Cision Canada
Odd Burger Reports Record Revenue and Positive EBITDA in Q3 Financial Results
LONDON, ON, , Aug. 8, 2025 /CNW/ - Odd Burger Corporation (" Odd Burger" or the " Company") (TSXV: ODD) (OTCPK: ODDAF) (FSE: IA9), one of the world's first vegan fast-food chains and a pioneer in plant-based quick service, is pleased to announce that its financial results for its third quarter, ended June 30, 2025, have been posted with Canadian securities regulatory authorities at Odd Burger reported its highest quarterly revenue in the Company's history and achieved positive EBITDA, a key indicator that Odd Burger's core operations are profitable. Financial Highlights – Q3 2025 (unaudited) Revenue: $1,044,646 — a record high for the Company, representing a 42.8% increase over Q2 2025 and an 18.8% increase over Q3 2024. EBITDA: $40,407 — a improvement of $282,426 from negative EBITDA of $(242,019) in Q2 2025, marking a key milestone for the Company's profitability. Gross Margin: $443,575 (42.5%) — up from 34.0% in Q2 2025, driven by increased franchise revenue and improved pricing in retail sales channels. Net Loss: $(147,905) — a 60% improvement over Q2 2025 net loss of $(372,300). Salaries & Wages: $126,658 — reduced by 57% compared to Q3 2024 due to leaner staffing strategies. SG&A Expenses: $222,912 — down $130,569 from Q2 2025. "Achieving positive EBITDA this quarter marks a critical milestone for Odd Burger," said James McInnes, CEO and Co-Founder of Odd Burger. "It validates the strength of our business model and demonstrates that we can scale efficiently while maintaining operational discipline. Surpassing $1 million in quarterly revenue for the first time—paired with strong gross margins—highlights both the growing demand for our offering and the exceptional execution by our team." SUMMARY OF QUARTERLY RESULTS The following sets forth unaudited financial information for each of the last eight quarters and subsequent abbreviated analysis from the company's MD&A. Revenue & Gross Margin In Q3 2025, revenue rose by $313,309 (42.8%) over Q2 2025 and by $165,279 (18.8%) over Q3 2024, driven by new food processing sales to franchise and CPG channels. Gross margin reached $443,575 (42.5%), up from $248,421 (34.0%) in Q2 2025 and $406,651 (46.1%) in Q3 2024. The margin increase over Q2 reflects higher franchise revenue and pricing increases in CPG distribution. Salaries, Wages and Professional Fees Q3 2025 salaries and wages were $126,658, up $55,535 from Q2 but down $166,364 from Q3 2024, reflecting leaner staffing. Professional fees totaled $211,433, increasing from $179,818 in Q2 and $42,818 in Q3 2024, mainly due to legal and investor relations costs. SG&A expenses were $222,912—down $130,569 from Q2, but up $108,535 from Q3 2024, largely due to the prior year's reversal of a $207,747 expected credit loss tied to a re-leased franchise location. Net Loss and EBITDA Q3 2025 net loss was $147,905, improving by $224,395 from Q2 2025. Compared to Q3 2024's net loss of $120,461, the result is relatively flat. EBITDA reached $40,407—up $282,426 from Q2's negative $242,019 EBITDA, but $77,161 lower than Q3 2024. About Odd Burger Corporation Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food that can be enjoyed at its restaurant locations or at home though its CPG line. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol "ODD" and on the OTCPK under the symbol "ODDAF". For more information visit Forward-Looking Information This news release contains forward-looking information for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions. Forward looking information contained or referred to in this news release includes statements relating to approval of the TSX Venture Exchange, future restaurant openings, potential franchisees, demand for our products and other similar statements. Forward-looking information is based on several factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to material assumptions with respect to the continued strong demand for the Company's products, the availability of sufficient financing on reasonable terms to fund the Company's capital requirements and the ability to obtain necessary equipment, production inputs and labour. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because the Company can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward-looking information include, among others, negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, expansion of facilities, competition, availability of raw materials, dependence on senior management and key personnel, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, unfavourable publicity or consumer perception, product liability and product recalls, risks related to intellectual property, difficulties with forecasts, management of growth and litigation, as well as the impact of, uncertainties and risks associated with the ongoing COVID-19 pandemic, many of which are beyond the control of the Company. For a more comprehensive discussion of the risks faced by the Company, please refer to the Company's Annual Information Form filed with Canadian securities regulatory authorities at The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Non-GAAP Measures This news release may refer to certain non-GAAP measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Cision Canada
25-06-2025
- Business
- Cision Canada
Odd Burger Partners with Vegan Supply to Expand Retail Distribution of its Plant-Based CPG Line
LONDON, ON, June 25, 2025 /CNW/ - Odd Burger Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCPK: ODDAF) (FSE: IA9), a leading plant-based fast-food chain and consumer packaged goods (CPG) company, is thrilled to announce a new partnership with Vegan Supply, one of North America's largest online vegan grocery retailers, to distribute its innovative plant-based CPG product line. This collaboration brings Odd Burger's retail products to a broader audience through Vegan Supply's extensive e-commerce platform. The partnership will also see Odd Burger's retail products available in-store at all Vegan Supply retail locations across British Columbia. Known for its commitment to creating delicious plant-based foods made with more simple and natural ingredients, Odd Burger's CPG line aligns perfectly with Vegan Supply's mission to make vegan products more accessible. Key Highlights of the Partnership: Expanded Accessibility: Consumers across the world can now conveniently purchase Odd Burger's CPG products through Vegan Supply's online store or in-person at their B.C. retail locations. Product Lineup: The initial offering includes the complete Odd Burger retail line including the Crispy ChickUn Fillet, Breakfast Sausage, Smash Burger, ChickUn Pretenders and Chickpea Burger. Growth Opportunities: This partnership strengthens Odd Burger's retail presence and supports the growing demand for convenient plant-based food made with more natural and simple ingredients. "We're excited to team up with Vegan Supply to bring our delicious, plant-based products to even more customers," said James McInnes, Co-Founder and CEO of Odd Burger. "Their dedication to the vegan community makes them the perfect partner to help us expand our retail footprint and introduce more people to enjoying plant-based fast food from the comfort of their home." "Odd Burger's innovative approach to plant-based eating fits seamlessly with our mission to provide the best vegan products available," added Jason Antony, Founder of Vegan Supply. "We're proud to offer the Odd Burger CPG line in our E-Commerce platform and in our retail locations, giving our customers even more exciting options." Odd Burger's CPG products are now available for purchase: Online at In-store at the following Vegan Supply locations: Vancouver - 250 East Pender Street, Vancouver, BC Surrey - 202-14016 32 Avenue, Surrey, BC About Odd Burger Corporation Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food that can be enjoyed at its restaurant locations or at home though its CPG line. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol "ODD" and on the OTCPK under the symbol "ODDAF". For more information visit About Vegan Supply Vegan Supply began as one of North America's largest Vegan e-commerce marketplace in May 2015 with retail locations in Vancouver, BC and Surrey, BC. They offer educational and approachable online and in-person shopping experiences that help make choosing Vegan easy. Forward-Looking Information This news release contains forward-looking information for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions. Forward looking information contained or referred to in this news release includes statements relating to future restaurant openings, potential franchisees, demand for our products and other similar statements. Forward-looking information is based on several factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to material assumptions with respect to the continued strong demand for the Company's products, the availability of sufficient financing on reasonable terms to fund the Company's capital requirements and the ability to obtain necessary equipment, production inputs and labour. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forwardlooking information because the Company can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward-looking information include, among others, negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, expansion of facilities, competition, availability of raw materials, dependence on senior management and key personnel, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, unfavourable publicity or consumer perception, product liability and product recalls, risks related to intellectual property, difficulties with forecasts, management of growth and litigation, as well as the impact of, uncertainties and risks associated with the ongoing COVID-19 pandemic, many of which are beyond the control of the Company. For a more comprehensive discussion of the risks faced by the Company, please refer to the Company's Annual Information Form filed with Canadian securities regulatory authorities at The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Non-GAAP Measures This news release may refer to certain non-GAAP measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS, and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release
Cision Canada
21-05-2025
- Business
- Cision Canada
Odd Burger Announces Exclusive National Listing with 7-Eleven Canada for its Retail Product Line
LONDON, ON, May 21, 2025 /CNW/ - Odd Burger Corporation ("Odd Burger" or the "Company") (TSXV: ODD) (OTCPK: ODDAF) (FSE: IA9) is pleased to announce that it has received approval to list its retail product line at 7-Eleven Canada ("7-Eleven") in over 500 locations across Canada. The listing encompasses 4 Odd Burger retail products including its Crispy ChickUn Fillet, Chickpea Burger, Smash Burger and Breakfast Sausage, and is expected to be on shelves by mid-June at participating 7-Eleven locations across Canada. The Company has also agreed to provide 7-Eleven with exclusive distribution in the convenience-store vertical category for a period of 6 months. "This is without a doubt one of those game-changing moments for our Company," says James McInnes, CEO and Co-Founder of Odd Burger. "We see incredible potential with this partnership, not only to grow our brand, but also to create truly accessible plant-based food options available to the masses. We believe that we can create huge change with this partnership, and we are ready to embark on this next chapter of innovation and growth." "7-Eleven is excited to partner with Odd Burger for this national product launch," says Jeff Monachello, Senior Director of Merchandising at 7-Eleven Canada. "7-Eleven is committed to increasing its vegetarian options and being a leader in sustainability and Odd Burger is well positioned to help us push these initiatives forward." The Company's retail line is currently produced by Preposterous Foods, a wholly owned subsidiary of Odd Burger Corporation. The listing with 7-Eleven is expected to substantially increase the Company's production output at Preposterous Foods and will allow the Company to continue to diversify its revenue sources and strategic direction. Marc Goodman, VP & GM of 7-Eleven Canada, is on the board of directors for Odd Burger. About Odd Burger Corporation Odd Burger Corporation is a franchised vegan fast-food restaurant chain and food technology company that manufactures a proprietary line of plant-based protein and dairy alternatives. Its manufactured products are distributed to Odd Burger restaurant locations through its foodservice line and also sold at grocery retailers through its consumer-packaged goods (CPG) line. Odd Burger restaurants operate as smart kitchens, which use state-of-the art cooking technology and automation solutions to deliver a delicious food experience to customers craving healthier and more sustainable fast food. With small store footprints optimized for delivery and takeout, advanced cooking technology, competitive pricing, a vertically integrated supply chain along with healthier ingredients, Odd Burger is revolutionizing the fast-food industry by creating guilt-free fast food that can be enjoyed at its restaurant locations or at home though its CPG line. Odd Burger Corporation is traded on the TSX Venture Exchange under the symbol "ODD" and on the OTCPK under the symbol "ODDAF". For more information visit About 7-Eleven Canada Since the opening of its first Canadian store in 1969, 7-Eleven Canada, Inc. has evolved into a food & beverage destination, with over 8,500 team members serving millions of Canadian customers annually. Known for its iconic brands such as Slurpee ®, Big Bite ® and Big Gulp ®, 7-Eleven Canada also offers high-quality fresh, locally made sandwiches, salads, and cut fruit, as well as pizza - hot from the oven in minutes 24/7, flaky croissants and cookies baked fresh in-store daily, and at select stores, Crispy Classic Chicken ® hand-breaded & made fresh in-store daily with 100% Canadian chicken. 7-Eleven is a leader in innovation, offering customers 7-Select™ private brand products at an outstanding value. With the 7-Eleven app, customers can earn and redeem points for free food, drinks or even pay with points through its 7Rewards ® loyalty program, place an order for delivery or in-store pick-up with 7Now ®, or scan, pay & go with convenient Mobile or Self Check Out options. Headquartered in Surrey, B.C., 7-Eleven Canada operates 550 locations from Ontario through to B.C. Learn more at or on social @7ElevenCanada & @SlurpeeCanada on TikTok, Facebook, X, Instagram, and LinkedIn. Forward-Looking Information This news release contains forward-looking information for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Any such forward-looking information may be identified by words such as "proposed", "expects", "intends", "may", "will", and similar expressions. Forward looking information contained or referred to in this news release includes statements relating to future restaurant openings, potential franchisees, demand for our products and other similar statements. Forward-looking information is based on several factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to material assumptions with respect to the continued strong demand for the Company's products, the availability of sufficient financing on reasonable terms to fund the Company's capital requirements and the ability to obtain necessary equipment, production inputs and labour. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forwardlooking information because the Company can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of the Company to differ materially from those expressed or implied in such forward-looking information include, among others, negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, expansion of facilities, competition, availability of raw materials, dependence on senior management and key personnel, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, unfavourable publicity or consumer perception, product liability and product recalls, risks related to intellectual property, difficulties with forecasts, management of growth and litigation, as well as the impact of, uncertainties and risks associated with the ongoing COVID-19 pandemic, many of which are beyond the control of the Company. For a more comprehensive discussion of the risks faced by the Company, please refer to the Company's Annual Information Form filed with Canadian securities regulatory authorities at The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Non-GAAP Measures
