Phase one, securing the foundation, is complete. Filings current across every obligation, gross profit growing, Adjusted EBITDA positive. The cease trade order was fully revoked on July 15, 2026, and the Company's shares resumed trading on the CSE on July 29, 2026.
Canadian Securities Exchange
Primary listing
United States
US market
Frankfurt Stock Exchange
European market
| Class of Securities | Outstanding | Exercise Price |
|---|---|---|
| Common shares | 179,661,148 | — |
| Net profit shares (management performance shares) | 65,031,826 | — |
| Warrants | 10,000,000 | $0.12 |
| Insider, management & employee ownership (fully diluted) | 49.4% | — |
As presented in the Company's Q3 2026 investor materials. Full details available in continuous disclosure filings on SEDAR+.
| Audited (CAD) | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Revenue | $53,161,556 | $54,337,795 | $60,356,959 |
| Cost of sales | $46,290,687 | $48,420,002 | $53,634,294 |
| Gross profit | $6,870,869 | $5,917,793 | $6,722,665 |
| Cash (as of most recent audited statements) | $6,613,534 | $4,642,700 | $4,276,888 |
Q2 2026 gross profit growth to $1,616,704, with revenue returning to year-over-year growth, up 13.5%.
Q2 2026 gross margin, up from 9.5% in Q2 2025; 15.2% for the first half.
Blended rate on $23.5M senior debt after cutting subordinated obligations from $14M at 15% to $11M at 10%.
Positive cash flow from operations in H1 2026, the Company's seasonally slowest half.
See the Q2 2026 news release and the interim filings on SEDAR+ for complete results, and the Q1 2026 news release for Adjusted EBITDA and its reconciliation to IFRS measures.
Under a cease trade order, Eat Well rebuilt its financial reporting infrastructure from the ground up, secured a full revocation of the order, and on July 29, 2026, resumed trading on the CSE.
Audited consolidated financial statements and MD&A filed for fiscal years 2023 and 2024.
Unaudited quarterly condensed interim financial statements filed for all four quarters of fiscal 2024.
First on-time annual audit in several years, completing all outstanding annual disclosure obligations.
Fiscal 2025 quarterly filings completed and application submitted to the BCSC and OSC for a full revocation of the cease trade order and resumption of trading on the CSE.
First quarter reported on a normal course timeline: Adjusted EBITDA of $790,313 and gross margin of 15.7%.
The BCSC and OSC issued a full revocation of the CTO originally issued on July 7, 2023, announced in the Company's July 16 news release.
Effective immediately, the Company's common shares were reinstated for trading on the Canadian Securities Exchange, announced in the Company's July 29 news release.
High-interest debt refinanced, non-core assets divested (including the sale of the Company's equity interest in PataFoods for US$7 million), filings brought fully current, and the cease trade order revoked. Complete.
Deploy targeted capital to optimize core facilities, launch high-margin, value-added product lines, and significantly boost EBITDA and net income.
With ~50 years in the sector, the team knows exactly what to acquire and when, unlocking scalable assets and driving toward a large-scale platform.
In his August 2026 letter to shareholders, CEO Daniel Brody committed to a short, published list of metrics and to being held to them in public. These are the four.
The number that turns a fixed cost base into operating leverage. Facilities are currently running at roughly 42% of what they can physically handle, with a CAPEX plan in motion to fill them.
The test of whether Eat Well remains a price setter rather than a price taker. Gross margin reached 14.6% in Q2 2026, up from 9.5% a year earlier.
Already moved once: subordinated obligations restructured from roughly $15M at over 15% down to $11M at 10%, with the intent to keep moving it lower.
Whether the Company's value-added projects get built on time, and then actually get filled with the customer demand already asking for them.
Set out in the CEO's August 5, 2026 letter to shareholders. Progress against these metrics is updated as the Company reports each quarter.
Audited annual financial statements, interim filings and MD&A for fiscal 2023–2025 and all subsequent periods.
Open SEDAR+ → GovernanceAudit, Compensation and Governance Committee charters adopted by the Board on June 2, 2026.
View governance → PresentationThe Company's current investor presentation: operations, strategy, financial highlights and capitalization.
Get the deck →| Meeting date | Friday, October 9, 2026 |
| Record date (notice and voting) | August 21, 2026 |
| Location | Vancouver, British Columbia |
| Type of meeting | Annual General Meeting of shareholders |
| Securities entitled to vote | Common shares |
Shareholders of record as of August 21, 2026 are entitled to receive notice of and vote at the meeting. Meeting materials and proxy voting instructions will be delivered under notice-and-access, filed under the Company's profile on SEDAR+, and posted here when available.
Join Eat Well's investor mailing list, or reach investor relations directly at ir@eatwellgroup.com / +1 (604) 340-4187.