Nevis Brands Reports Q3 2025 Results: Quarterly Revenue Growth of 16% Amid Expanding Markets
(TheNewswire)
October 22, 2025 – Seattle,WA – TheNewswire - Nevis Brands Inc. (CSE:NEVI | OTCQB: NEVIF | FSE: 8DZ) (“Nevis” or the “Company”),a leading innovator in the cannabis beverage industry, today
announced its financial results for the third fiscal quarter endedAugust 31, 2025. Unless
otherwise noted, all figures are in Canadian dollars.
Q3 2025 Financial Highlights
Revenue: $478,808 (VS Q2: $418,745)
Gross Profit: $302,156 (VS Q2: $315,345)
Net Income: -$22,639 (VS Q2 Net Income: $(92,458)
When excluding depreciation (non-cash) expense, Net Income: $40,298
The Company posted strong revenue growth this quarter VS Q2, driven byexpanding sales in its licensed markets and the promising earlyperformance of its hemp-derived THC product line.
“Our Q3 results demonstrate Nevis’ ability to grow thebusiness,” said John Kueber, CEO of Nevis Brands. “With 16%quarterly revenue growth and the third straight quarter of growth, weare pleased with the momentum we have built in both our licensedmarkets as well as our early performance with Happy Apple™, ourHemp-Derived THC beverage. While our overall gross margins wereslightly lower, our model still demonstrated our ability to build ahigh-margin business with low capital requirements.”
Gross profit margins were lower quarter-over-quarter at 63%,reflecting some temporary increased testing costs associated withregulatory compliance for new product launches and lower marginsrelating to the Company’s hemp-derived products, which carriedhigher initial production expenses. Management anticipates margins tostabilize and improve as production scales and efficiencies arerealized in the coming quarters.
Q3 Operational Highlights
? Geographic Expansion and CoreMarket Stability : Nevis continued to experience
revenue growth from new market entries in New Jersey and Missouri,where the
Company’s flagship brands Major™ and Happy Apple™ are gainingtraction. Meanwhile,
core legacy markets — including Washington, Colorado, and Oregon —demonstrated
stable performance, contributing to a dependable revenue base frommature channels.
? Expansion of Hemp-Derived THC Beverages: The Company continued toexpand revenue through the expansion of Happy Apple(™) distributorsin Wisconsin and continuing sales in North Carolina, South Carolina.
? Licensing Model Efficiency: Nevis’ primary Licensed markets forMajor(™) of Washington, Missouri, New Jersey and Colorado remainstrong. While smaller, the Company continues to make strides inlesser performing markets such as Oregon, Oklahoma, Mississippi andIllinois.
? Brand-Driven Market Expansion: With strong brand equity for Majorand a growing customer base for Happy Apple, Nevis is poised for widernational distribution through additional
distributor agreements. New distribution partnerships are currentlyunder review and
expected to close in the coming months.
The Company anticipates continued revenue momentum into fiscal 2026,with a focus on scaling hemp-derived offerings while maintainingdisciplined cost management.
About Nevis Brands
Nevis innovates and develops cannabis products that have been consumedby millions of
consumers across the United States. Led by our flagship brand Major™and Happy Apple(™)
Nevis licenses and produces cannabis beverages using a variety ofproduction and distribution
partners and is rapidly expanding its products nationally. Moreinformation can be found at www.nevisbrands.com .
Nevis Brands Inc. is publicly traded on the CSE under the symbol“NEVI,” US OTC: “NEVIF”
and Frankfurt Stock Exchange symbol under the symbol “8DZ”.
CONTACT INFORMATION:
Investor Relations - Attention John Kueber - investors@nevisbrands.com
Tel: 425-380-2151 - www.nevisbrands.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICESPROVIDER HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY ORACCURACY OF THIS RELEASE. Cautionary Statement Regarding“Forward-Looking” Information Some of the statements contained inthis news release are forward-looking statements and informationwithin the meaning of applicable securities laws. Forward-lookingstatements and information can be identified by the use of words suchas “expects”, “intends”, “is expected”, “potential”,“suggests” or variations of such words or phrases, or statementsthat certain actions, events or results “may”, “could”,“should”, “would”, “might” or “will” be taken, occuror be achieved. This forward-looking information is provided as of thedate of this news release. The forward-looking information reflectsour current expectations and assumptions and is subject to a number ofknown and unknown risks, uncertainties and other factors, which maycause actual results, performance, or achievements to be materiallydifferent from any anticipated future results, performance orexpectations expressed or implied by the forward-looking information.No assurance can be given that these assumptions will prove correct.Forward-looking statements and information are not historical factsand are subject to a number of risks and uncertainties beyond theCompany’s control. Investors are advised to consider the riskfactors under the heading “Risks and Uncertainties” in theCompany’s Form 2A, available at www.sedar.com for a discussion ofthe factors that could cause the Company’s actual results,performance and achievements to be materially different from anyanticipated future results, performance, or achievements expressed orimplied by the forward-looking information. Accordingly, readersshould not place undue reliance on forward-looking statements. TheCompany undertakes no obligation to update publicly or otherwiserevise any forward-looking statements, except as may be required bylaw.
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