Delivra Health encouraged by core business strength despite lower Q2 revenue

Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF, FRA:3F0) said it is encouraged by the spot of its halfway concern fundamentals contempt reporting little gross and wider adjusted losses successful its 2nd quarter.

The Vancouver-based user wellness radical posted nett gross of $2.433 cardinal for the 3 months to 31 December 2025, down 12% from $2.754 cardinal a twelvemonth earlier.

For the six months to 31 December 2025, gross declined 5% to $5.640 cardinal compared with $5.917 cardinal successful the aforesaid play past year.

The institution reported year-to-date e-commerce income maturation of 26% for Dream Water and 28% for LivRelief, which it said reflected beardown user engagement and repetition purchasing behaviour.

This online maturation was offset by a 4% diminution successful Dream Water retail income and a 29% autumn successful LivRelief retail income compared with the anterior twelvemonth period, alongside changes to its licensed LivRelief Infused organisation channel.

Gross nett successful the 2nd 4th fell to $972,000 from $1.294 million, portion the gross borderline narrowed to 40% from 47%, reflecting little revenue, higher merchandise costs and a antithetic merchandise and lawsuit mix.

Adjusted EBITDA, a non-IFRS measure, widened to a nonaccomplishment of $369,000 successful the 4th compared with a nonaccomplishment of $194,000 a twelvemonth earlier.

For the archetypal half, gross nett declined to $2.473 cardinal from $2.891 million, with borderline easing to 44% from 49%.

Adjusted EBITDA for the six-month play was a nonaccomplishment of $313,000 compared with a nonaccomplishment of $176,000 successful the anterior year.

Operating expenses excluding non-cash items fell 10% successful some the 4th and the fractional year, chiefly owed to little selling walk pursuing large campaigns launched successful November 2024, partially offset by higher wide and administrative costs.

Net nonaccomplishment from continuing operations narrowed to $411,000 successful the 2nd 4th from $812,000 a twelvemonth earlier, and to $502,000 for the archetypal fractional from $1.288 million.

Gord Davey, president and main executive, said: “While our results this 4th bespeak impermanent timing variability successful definite retail markets, we are encouraged by the spot of our halfway concern fundamentals.”

He added that absorption is focused connected stabilising retail ordering patterns, reigniting maturation successful licensed markets and expanding higher-margin direct-to-consumer and US retail channels successful the 2nd fractional of fiscal 2026.