For the six-month period ended January 31, 2025, Cizzle Brands recorded over $5.64 million in net sales, with a gross profit margin of 60.03% and gross profit of over $3.38 million. These earnings were primarily driven by sales of CWENCH Hydration™ in Canada, with sustained sales of the product in the United States and Europe. The Company has publicly filed its financial results for the second quarter of its 2025 fiscal year, and its management team will be hosting a webcast to discuss these results on Thursday, March 27, 2025.
TORONTO, ONTARIO, CANADA - March 17, 2025 - CizzleBrands Corporation (Cboe Canada: CZZL) (OTCQB: CZZLF) (Frankfurt: 8YF) (the “Company” or “Cizzle Brands”), today released its financial results for the second quarter of its 2025 fiscal year (three months ended January 31, 2025, referred to herein as “FQ2 2025”). The results for FQ2 2025 capped off the first half of Cizzle Brands’ inaugural fiscal year as a public company, in which more than $5.64 million in net sales were generated, with 60.03% gross profit margin and gross profit of over $3.38 million.
Throughout the first half of the Company’s 2025 fiscal year, Cizzle Brands accelerated strategic commercialization efforts for its flagship product CWENCH Hydration™ while also carrying out the launch of Spoken Nutrition, a brand of premium, athlete-grade nutraceuticals. During this period, 71% of Cizzle Brands’ sales were made in Canada, with 20% and 9% coming from the United States and Europe, respectively.
Key highlights from Cizzle Brands’ FQ2 2025 earnings are listed below. All figures are in Canadian Dollars unless otherwise specified.
• Net sales for FQ2 2025 were $2,856,072 with Cost of Goods Sold being $1,216,689 for gross profit margin of 57.4%;
• Current Assets grew by 43.3% from $7,220,755 at July 31, 2024 to $10,347,341 at January 31, 2025;
• Growth of Current Assets was primarily driven by a 72.8% increase in Cash from $1,519,516 to $2,626,915 and a 126.7% increase in Inventory from $1,376,990 to $3,122,031 between the same two dates;
• All product inventory is “current” with no obsolete inventory and no provisions to inventory having been made;
• CWENCH Hydration™ is available in over 1,800 points of distribution across North America, including sites serviced by Van Houtte Coffee Services (a subsidiary of Keurig Dr Pepper), whose established Canada-wide network of over 30,000 doors reduces Cizzle Brands’ overhead expenses for logistics and can allow the Company to scale the footprint of CWENCH Hydration™ more rapidly;
• Several key retail partners forCWENCH Hydration™ were added during the Company’s FQ2 2025 including Metro Ontario, MacEwen Petroleum, Canco Petroleum, Fortinos, Sport Chek, Source for Sports, and Life Time Fitness, which is an upscale chain of fitness resorts with over 160 locations across North America; and
• Re-order rates for CWENCH Hydration™ have been growing steadily for the Company. In a press release dated March 6, 2025, Cizzle Brands announced that all accounts which have existed for two or more months have placed at least one reorder. With Cizzle Brands’ largest Canadian account during FQ2 2025, the two Hydration Mix versions of CWENCH Hydration™ (10-count and 315-gram) have experienced unit sales growth of 72% and 64% (respectively) between FQ2 2025 and the prior fiscal quarter.
Please refer to Cizzle Brands’ profile on SEDAR+ (http://www.sedarplus.ca/) to view theCompany’s full FQ2 2025 earnings reports, as well as its corresponding Management Discussion and Analysis (“MD&A”).
Additionally, Cizzle Brands will be hosting a webcast on Thursday, March 27, 2025 at 4:30 PM ET in which the Company’s management team will discuss these results in greater detail. Registration (free) is required to attend, and can be done through the following link: https://streamyard.com/watch/htXpXqNJzhUR
Please refer to the Company’s March 13, 2025 press release or contact Cizzle Brands Investor Relations for more information regarding the upcoming webcast.
Cizzle Brands’ Founder, Chairman, and Chief Executive Officer John Celenza commented, “The first half of our fiscal 2025 year was very successful, with the team achieving key milestones against our strategic plan. To have generated over $5.64 million in net sales in just six months is a testament to the brand strength we are creating. Our next two fiscal quarters will take place during spring and summer when sales within our hydration category tend to be higher. Based on this, Cizzle Brands is on track to surpass $14 million in net sales by the end of our first complete fiscal year.”
Mr. Celenza continued, “This momentum reflects our team’s dedication to growth, the quality of our products, and most importantly the traction we have begun to garner at the consumer level, which is driving repeat purchases as well as organic acquisition of new customers through word-of-mouth. We will continue scaling our business by driving growth through existing channels, and by selectively adding new channels at each step of our commercialization journey. We have significant opportunities in front of us in both Canada and the United States that we are well-positioned to capitalize on, and we will be sharing many of these developments over the coming weeks. We look forward to discussing these financial results on next week’s webcast.”
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 1,800 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: https://www.cizzlebrands.com/
For more information about CWENCH Hydration™, please visit: https://www.cwenchhydration.com
For more information about the CWENCH All Canadian Games, please visit: https://www.cwenchallcanadian.com
On behalf of the Board of Directors of the Company,
CIZZLE BRANDS CORPORATION
“John Celenza”
John Celenza, Founder, Chairman, and ChiefExecutive Officer
For further information, please contact:
Setti Coscarella
Head of Corporate Development
1-844-588-2088
