PRFoods (PRF1T) Q1 25/26 earnings summary

Executive summary

• Sales revenue for the quarter was €3.6 million, down 21% year-over-year, mainly due to a 64.7% drop in Estonian unit sales, while UK sales remained stable at €3.1 million and comprised 85.4% of total turnover.

• Gross profit was €0.7 million, €0.2 million lower than the previous year; EBITDA from operations was -€0.1 million, a decline of €0.2 million year-over-year.

• Net loss widened to €0.8 million from €0.3 million a year earlier, mainly due to higher financial costs from restructured debt obligations.

• The company continues to focus on cost control, production efficiency, and process optimization to support future margin improvement.

Financial highlights

• Revenue: €3.6 million (down 21% year-over-year).

• Gross profit: €0.7 million (down 20% year-over-year).

• EBITDA from operations: -€0.1 million (down from €0.1 million).

• Net loss: €0.8 million (vs. €0.3 million loss prior year).

• Gross margin: 19.8% (vs. 19.6% prior year).

Outlook and guidance

• Management expects modest demand recovery towards year-end, supported by seasonal consumption increases.

• Priorities include enhancing production, streamlining the product portfolio, and strengthening sales capabilities.