sur Rocky Mountain Liquor Inc. (CVE:RUM)
Rocky Mountain Liquor Reports Q1 2025 Financial Results
Rocky Mountain Liquor Inc. has released its financial results for Q1 2025, ending March 31. Sales decreased from $8.44 million in Q1 2024 to $8.04 million. This drop is due to the reduction of store numbers from 25 to 22, part of a broader strategy to enhance long-term profitability.
Adjusted EBITDA saw an improvement, with losses reduced from $325,475 in 2024 to $237,244 in 2025, indicating effective cost management. Despite the challenges, gross margins remained consistent at 22.7%, compared to 22.8% in the previous year.
Operating expenses fell, driven by staff adjustments and reduced professional fees. The complete rollout of a modern POS system in 2024 enhanced operational efficiency.
The company plans to focus on operational efficiency and profitability amid economic uncertainties, exploring strategic options that may include sales or mergers to boost shareholder value.
R. E.
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