From GlobeNewswire: 2025-05-28 08:30:00

Beyond Oil Ltd. reported record revenues of US$1.01 million for the first quarter of 2025, marking a 660% growth year-over-year and 216% sequential growth over Q4 2024. The company also saw a 1176% increase in gross profit and strengthened its cash position to $4.49 million as of March 31, 2025.

The company announced a C$10.64 million brokered private placement led by Clal Insurance, with proceeds supporting growth initiatives. Beyond Oil has also received approximately C$7.2 million through warrant exercises in 2025, showing investor confidence. The company expanded its distribution network in Europe and the U.S., demonstrating traction in key markets.

Beyond Oil Ltd. is a food-tech innovation company dedicated to reducing health risks associated with fried food. Their patented technology significantly reduces harmful compounds in frying oil, addressing critical health concerns. The company’s product also offers operational cost savings and reduced environmental impact. For more information, visit www.beyondoil.co.



Read more at GlobeNewswire:: Beyond Oil Reports Financial Results for the First Quarter