THS Maple Holdings Ltd. (YAY) Reports Financial Results for Q4 and Fiscal Year 2026
Key Highlights
- ➤FY 2026 revenue rose 14.6% to $16.5 million
- ➤Net loss widened to $2.5 million from $1.5 million
- ➤U.S. sales surged 87.8% to $3.5 million
- ➤Gross margin fell to 18.0% from 21.8%
- ➤PPAQ syrup purchase volume more than tripled to 2,675,000 pounds
Expert Statements
Tom Zaffis, CEO of THS Maple Holdings Ltd.
“Fiscal 2026 was a year of growth and investment”
Tom Zaffis, CEO of THS Maple Holdings Ltd.
“We grew sales by almost 15%, nearly doubled our U.S. business and expanded our capacity in British Columbia and Granby.”
Tom Zaffis, CEO of THS Maple Holdings Ltd.
“In fiscal 2027, our priority is turning that growth into profitability by focusing on higher-margin products, including our non-syrup maple products, in the U.S. and international markets.”
Toronto, Ontario--(Newsfile Corp. - October 22, 2026) - THS Maple Holdings Ltd. (TSXV: YAY) (the "Company" or "THS"), a leading producer and global distributor of maple syrup and maple-flavoured products, today announced its audited financial and operational results for the twelve-month period ended June 30, 2026. Revenue grew 14.6% to $16.5 million, led by an 87.8% increase in sales to the United States, as the Company continued to expand its distribution footprint, secure supply in its key product categories and build the syrup inventory needed to support further growth.
Financial Performance HighlightsJune 30, 2026June 30, 2025 Sales$16,547,675$14,438,038 Cost of Sales$13,567,921$11,289,318 Gross Profit$2,979,754$3,148,720 Gross Margin18.0%21.8% Selling Expenses$1,293,434$1,423,470 Administrative Expenses$3,154,141$2,588,529 Operating Income (Loss)$(1,467,821)$(863,279) Finance costs and Other Income$1,012,021$684,225 Income Tax Expense$599$136 Net Income (Loss)$(2,480,441)$(1,547,640) Net Income (Loss) per share$(0.041)$(0.026)
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