Breaking news! Simply Solventless Concentrates just posted a sizzling Q2 with record revenue and strong cash flow. What’s powering this incredible growth, and what exciting new ventures are on the horizon for the company? You won’t believe their latest strategic moves!
Simply Solventless Concentrates Ltd. (SSC) has announced a landmark financial performance for Q2 2025, reporting record-breaking gross revenue and a significant positive cash flow from operations. This robust Q2 Earnings report highlights the company’s accelerating momentum within the competitive Cannabis Industry, demonstrating effective strategic execution and substantial Corporate Growth. The figures underscore SSC’s enhanced profitability and operational efficiency during this pivotal period.
Specifically, SSC achieved a record quarterly gross revenue of $13.0 million, alongside $1.0 million in positive cash flow from operations. The company also posted a healthy EBITDA of $4.3 million and an adjusted EBITDA of $3.2 million. These impressive metrics reflect a strong Financial Performance that surpasses previous quarters, indicating a successful quarter for Simply Solventless.
Jeff Swainson, President and CEO, attributed these strong results to a “focused and disciplined execution across all of our business units.” He emphasized how the integrated SSC platform is enabling acquired subsidiaries, including Humble, ANC, and Cannmart, to operate in a unified and complementary manner, fostering greater synergy and efficiency across the organization.
The increasing scale and critical mass resulting from these integrations are now clearly translating into improved financial outcomes. This strategic approach has not only contributed to record gross revenue and adjusted EBITDA but has also substantially strengthened SSC’s balance sheet, partially through key settlements and deferrals, paving the way for further Corporate Growth.
Looking ahead, Simply Solventless is committed to driving continued growth in cash generation by launching new, high-demand products. A significant development is the planned introduction of the acclaimed Sluggers Brand in late Q3 2025. This highly anticipated launch is expected to broaden SSC’s product offerings and tap into new segments of the Cannabis Industry.
Operational improvements are also a key focus, with a significant retrofit of SSC’s Humble facility underway, projected to boost cannabis production capacity from 8,000kg to 14,000kg annually. Additionally, the Status brand, a result of the ANC Inc. acquisition, continues to gain considerable market traction across Canada, further solidifying SSC’s presence.
In a strategic move to bolster its executive team, SSC recently appointed Arjen Patel as Chief Financial Officer, bringing over two decades of extensive financial and industry experience. Furthermore, the exclusive distribution agreement with Natura + Science for the Sluggers Brand in Canada, with SSC retaining 75% of the net income, highlights a shrewd partnership for market expansion.
Investors should consider the inherent uncertainties associated with forward-looking statements contained within this report, particularly concerning new product launches and facility upgrades. SSC advises that actual performance may vary materially due to various market factors and operational risks, emphasizing the importance of exercising caution when evaluating future projections.
The report utilizes non-IFRS financial measures such as EBITDA and adjusted EBITDA to provide additional clarity on profitability. While these metrics offer valuable insights for investors and analysts, they are not standardized under International Financial Reporting Standards and should be reviewed in conjunction with, rather than as a replacement for, IFRS-compliant financial disclosures.
