Goodfood Reports 2025 Financial Results
MONTREAL, Nov. 27, 2025 (GLOBE NEWSWIRE) -- Goodfood Market Corp. (“Goodfood”, “the Company”, “us”, “we” or “our”) (TSX: FOOD), a leading Canadian online meal solutions company, today announced financial results for the 13 weeks and 52 weeks ended September 6, 2025.
Goodfood Market Corp. has announced its financial results for the fiscal year and fourth quarter ending August 31, 2025. The report highlights significant figures that showcase the company's operations in the meal kit delivery service sector.
In the fiscal year 2025, Goodfood reported net sales of $121 million, which reflects a growth trajectory despite the challenges posed by the competitive landscape. The company's gross profit for the year reached $50 million, which signifies an effective management of cost of goods sold and operational efficiency. In comparison, the gross profit for the fourth quarter stood at $10 million, emphasizing the company's ability to maintain profitability in a strong market position.
Adjusted EBITDA—which is an important metric for evaluating the company's operational performance—amounted to $6 million. This figure reflects Goodfood's focus on strategic investments and cost management aimed at enhancing shareholder value.
Goodfood's fourth-quarter performance also showed a remarkable improvement, underlining the positive trajectory in operations. The management expressed optimism about the future, citing a solid customer base and innovative product offerings as key factors driving growth.
The report further outlines the company's strategic initiatives to increase customer engagement, enhance service offerings, and improve operational efficiencies. Goodfood has been focusing on directly addressing consumer needs which reflect in its product development, including healthy meal options and diverse cuisine offerings.
Moreover, the company has implemented measures to streamlining their supply chain which in turn has reduced costs and improved delivery times. The leadership of Goodfood believes these strategies position the company favorably against its competitors.
Overall, these financial results indicate a solid foundation for Goodfood as it continues to evolve in the fast-growing online meal delivery market.