Glow Lifetech (GLOW) Q4 2025 earnings summary

Executive summary

• Achieved 146% year-over-year revenue growth in FY2025, reaching $2.05M, with record gross profit and sustained high gross margins.

• Delivered two consecutive quarters of positive cash flow from operations and achieved debt-free status in November 2025.

• Expanded retail penetration in Ontario and entered new provinces, strengthening national presence.

Financial highlights

• FY2025 net revenue: $2,053,668, up 146% from FY2024; gross profit: $1,362,186, up 130% year-over-year.

• FY2025 gross margin: 66% (down from 71% in FY2024); Q4 2025 gross margin: 64% (down from 68% in Q4 2024).

• Total expenses decreased 2% to $2,089,998 in FY2025; cash used in operations reduced to $15,026 from $1,349,672 in FY2024.

• Q4 2025 net revenue: $508,225, up 53% year-over-year; Q4 2025 gross profit: $323,350, up 44% year-over-year.

• Q4 2025 cash flow from operations: $105,866, up 149% year-over-year.

Outlook and guidance

• Forecasting continued revenue and EBITDA growth in 2026, driven by national brand expansion and distribution.

• Focus remains on expanding Canadian distribution, sustaining revenue growth, and advancing toward sustainable profitability and cash flow.