BEACN Announces 2025 Q1 Results

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VICTORIA, BC / ACCESS Newswire / Could 30, 2025 / BEACN Wizardry & Magic Inc. (TSX-V:BECN) (“BEACN” or the “Firm”) is happy to announce its monetary outcomes for the quarter ending March 31, 2025.

For the three months ended March 31, 2025, the Firm achieved gross sales income of $793,954 (2024 – $1,002,415), gross revenue of $344,558 (43%) (2024 – gross revenue of $405,313 (40%)) and a internet lack of $458,689 (2024 – lack of $261,273). The rise in gross revenue margin to 43% (2024 – 40%), was influenced by greater margin product gross sales and value will increase, whereas gross sales income within the quarter declined in comparison with Q1 2024 on account of decreased B2B gross sales regardless of seeing elevated D2C gross sales. Additional data is offered from the Firm’s monetary statements for the three months ended March 31, 2025, obtainable underneath the Firm’s profile on SEDAR+ at http://www.sedarplus.ca.

“Regardless of international monetary market volatility and a declining international client confidence index, it was encouraging to see continued D2C development for the BEACN model, as we proceed to hunt alternatives to navigate these unsure instances.” says BEACN CEO, Craig Fraser.

In Q1 2025, BEACN added distribution in Australia through client electronics distributor, Innovate Music Australia. BEACN plans to extend its gross sales exterior of North America by means of strategic B2B gross sales companions and centered D2C efforts in European international locations with rising gross sales of BEACN merchandise.

About BEACN

BEACN (TSX-V:BECN), a Victoria BC based mostly client electronics firm, develops modern audio tools, peripherals and know-how for avid gamers, reside streamers, and content material creators. BEACN is dedicated to delivering premium merchandise that allow everybody to supply studio-quality content material. BEACN’s award-winning product ecosystem contains BEACN Mic, BEACN Studio, BEACN Combine and BEACN Combine Create. BEACN is listed on the TSXV underneath the image BEACN.

Media & Investor Enquiries

Liberty Brunet
[email protected]

Cautionary Observe Relating to Ahead-Trying Data

This press launch incorporates “forward-looking data” and “forward-looking statements” inside the that means of relevant securities laws (collectively, “forward-looking statements”). The forward-looking statements herein are made as of the date of this press launch solely, and the Firm doesn’t assume any obligation to replace or revise them to mirror new data, estimates or opinions, future occasions or outcomes or in any other case, besides as required by relevant regulation. Usually, however not at all times, forward-looking statements will be recognized by means of phrases comparable to “plans”, “expects”, “is predicted”, “budgets”, “scheduled”, “estimates”, “forecasts”, “predicts”, “initiatives”, “intends”, “targets”, “goals”, “anticipates”, or “believes” or variations (together with unfavorable variations) of such phrases and phrases or could also be recognized by statements to the impact that sure actions “could”, “might”, “ought to”, “would”, “would possibly” or “will” be taken, happen or be achieved. These forward-looking statements embrace, amongst different issues, statements referring to: (a) [B2B Retail Strategy]; (b) [Online, Direct to Consumer Sales Strategy]; (c) [Product Design & Introduction]; and (d) [Quarterly Earnings].

Such forward-looking statements are based mostly on quite a few assumptions of administration, together with, with out limitation: (a) [Company’s cost and timing expectations are accurate]; (b) [Company will be successful in the deployment of its resources and personnel]; (c) [Company’s ability to maintain manufacturing volume for its products and its ability to sustain sales of products to customer]; and (d) [general economic and market conditions will not change in an adverse manner; political and regulatory stability including in financial and capital markets ].

Moreover, forward-looking statements contain a wide range of identified and unknown dangers, uncertainties and different elements which can trigger the precise plans, intentions, actions, outcomes, efficiency or achievements of the Firm to be materially totally different from any future plans, intentions, actions, outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Such dangers embrace, with out limitation: (a) [risks that the supply chain disruption that may lead to a shortage of inventory for sale and/or delay introduction of new product]; (b) [risks that economic or other factors beyond the control of the Company may influence the purchasing behavior of customers]; (c) [risks that the volatility of global capital markets may adversely impact the Company’s business and operations]; and (d) [risks that the Company could face technology or software disruptions].

The forward-looking statements contained on this press launch characterize administration’s greatest judgment based mostly on data at present obtainable. No forward-looking assertion will be assured, and precise future outcomes could range materially. Accordingly, readers are suggested to not place undue reliance on forward-looking statements. Neither the Firm nor any of its representatives make any illustration or guarantee, specific or implied, as to the accuracy, sufficiency or completeness of the knowledge on this press launch. Neither the Firm nor any of its representatives shall have any legal responsibility by any means, underneath contract, tort, belief or in any other case, to you or any particular person ensuing from the usage of the knowledge on this press launch by you or any of your representatives or for omissions from the knowledge on this press launch. We search protected harbor.

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SOURCE: BEACN Wizardry & Magic Inc.