Replenish Nutrients Holding Corp. (CSE: ERTH) (OTC: VVIVF) ("Replenish" or the "Company"), is pleased to announce its 2025 third quarter financial results and key operational and commercial milestones, including achieving key hourly production rates at the Beiseker facility, and the signing of significant new licensing partnerships with Farmers Union Enterprises (FUE) in the U.S Midwest and MJ Ag Solutions (MJ Ag) in Northern Alberta. These developments support the Company's long-term strategy to scale regenerative fertilizer production across North America while generating new revenue streams through high-value licensing agreements.
Q3 Financial Summary
While the third quarter of 2025 saw the Company record lower consolidated revenues and margins, on a year-to-date basis the Fertilizer segment has shown improvements in both gross profit and adjusted EBITDA while the consolidated Company has maintained lower overall selling, general and administration expense and improved funds used in operations. These results were mainly driven by lower seasonal sales volumes for blended fertilizer that are expected to be offset with higher fourth quarter sales, while the year-to-date fertilizer gross profit and adjusted EBITDA continue to be ahead of the prior year due to strong pricing spreads and lower selling, general and administration expense. Lower revenues and gross margins in the power segment were primarily due to carbon tax impacts during the first half of the year, lower average power pricing, and additional maintenance activities that occurred in the third quarter, with normal operations resuming in the fourth quarter. The Company expects continued revenue and margin improvements in the fourth quarter with a mix of granulated and blended fertilizer sales.
Beiseker Facility Reaches Key Hourly Production Rates and Final Commissioning Phase