Earnings ·
AMASS Brands Inc. reported second quarter 2026 financial results on August 17, 2026, announcing net revenue of $5.6…
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AMASS Brands Inc. reported second quarter 2026 financial results on August 17, 2026, announcing net revenue of $5.6 million, a 2% increase year-over-year. The Non-Alcoholic and Functional segment surged 132% to $0.4 million, while core brands grew 12%. Gross profit was $1.5 million (26.7% margin), with adjusted EBITDA at negative $1.7 million. Cash reserves stood at $1.6 million as of June 30, 2026. The company introduced initial financial guidance, projecting full-year fiscal 2026 net revenues of at least $18.5 million and fiscal 2027 revenue of at least $22.2 million. Key operational developments include Good Twin becoming the #1 organic non-alcoholic wine brand in the U.S., Pizzolato MUSE launching nationwide at Whole Foods, and the planned acquisition of a majority stake in HpO Sparkling Protein Water. AMASS Brands Inc. is a consumer packaged goods company that develops, markets, and distributes premium beverage brands across wine, spirits, and functional non-alcoholic categories.