)
TRUBAR (SBBC) investor relations material
TRUBAR Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Announced acquisition by ETI, a leading Turkish consumer products company, with all outstanding shares to be acquired for CAD 1.64 per share in cash, representing a 64% premium to the last closing price and 102% premium to the 60-day VWAP as of November 21, 2025.
Special committee and board unanimously supported the transaction after extensive review and consultation with advisors and bankers.
Shareholder vote on the transaction is expected in January 2026, with closing anticipated in Q1 2026.
Achieved record net revenue of $21.6 million in Q3 2025, up 88% year-over-year, driven by strong retail and DTC sales growth.
Expanded distribution into 500+ new U.S. grocery stores, launched TRUBAR Kids at Sprouts, and continued Canadian retail expansion.
Financial highlights
Q3 2025 net revenue reached CAD 21.6 million, up 88% year-over-year, marking a record quarter.
Gross profit was CAD 8.9 million, a 76% increase from Q3 2024; gross margin was 41%, down from the prior year due to increased investment in brand-building programs.
Adjusted EBITDA for the quarter was CAD 1.4 million, up 39% year-over-year.
Retail channel revenue grew 206%, direct-to-consumer 170%, and club channel 50% in Q3.
Net income from continuing operations was $192,000, down from $4.1 million in Q3 2024.
Outlook and guidance
Full-year net revenue guidance reaffirmed at CAD 65–70 million, representing a 50–60% year-over-year increase.
Growth driven by expanded retail footprint, new store openings, and increased sales velocities.
Management remains confident in long-term growth, supported by innovation and retail expansion.
Next TRUBAR earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)