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 inits fiscal Q3.
TORONTO, ONTARIO, CANADA – JUNE 13, 2025 - 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”).
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%;
• Operating expenses for FQ3 2025 were flat compared to the previous fiscal quarter, reflecting increased resource utilization per dollar of revenue;
• 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 theCompany’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+ (http://www.sedarplus.ca/) 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 andEurope 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 tothe 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 toVan 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 isonly 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 theCompany’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: https://www.cizzlebrands.com/
For more information about CWENCH Hydration™, please visit: https://www.cwenchhydration.com
For more information about SPOKEN™ Nutrition, please visit: https://www.spokennutrition.com
On behalf of the Board of Directors of the Company,
CIZZLEBRANDS CORPORATION
“John Celenza”
John Celenza, Founder, Chairman, and ChiefExecutive Officer
Forfurther information, please contact:
Setti Coscarella
Head of Corporate Development
1-844-588-2088
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