EL7.AI
StocksUpdated•Originally published 27 April 2026•Updated 29 April 2026•
1 min read

DAVIDsTEA Returns to Profitability in Fiscal 2025 as EarthLabs Reports 104% Surge in Cash

Key Facts

1EarthLabs reported a 104.4% increase in total cash, cash equivalents, and investments to $80,200,152 for the fiscal year 2025.
2EarthLabs' investment portfolio generated net gains of $42,577,085 for the fiscal year, representing a 136.4% return.
3DAVIDsTEA will release its fourth quarter fiscal 2025 financial results before markets open on April 29, 2026.

DAVIDsTEA has officially returned to profitability for fiscal year 2025, reporting net income of $2.9 million, a significant $6.1 million improvement over the previous year. Annual sales reached $61.0 million, bolstered by a 6.8% increase in comparable store sales, while Adjusted EBITDA nearly doubled to $7.6 million. For the fourth quarter alone, the company recorded a net income of $5.3 million on sales of $23.5 million. These results complement the earlier report from EarthLabs, which saw its cash and investments surge 104.4% to over $80.2 million driven by investment gains. The combined updates highlight a successful turnaround for DAVIDsTEA and sustained financial strength for EarthLabs on the TSXV. Investors are responding to the strengthened balance sheets and operational efficiencies across both entities.