Delivra Health Brands Management Commentary Attributes Fiscal 2026 Revenue Decline to Middle East Shipment Disruptions
Bitget2026/10/28 22:26- Delivra Health Brands management commentary linked lower revenue for the year ended June 30, 2026, to disrupted Middle East shipments.
- Revenue fell 35.5% to CAD 8.63 million, primarily reflecting weaker US Dream Water sales.
- Gross margin declined to 39% from 51%, reflecting customer and product mix changes, higher warehousing costs and e-commerce expenses.
- Adjusted EBITDA swung to a CAD 1.85 million loss as lower sales outweighed sales and marketing savings.
- Net loss widened to CAD 2.25 million from CAD 1.19 million.
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