Flow Beverage Stock Price, News & Analysis

Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) has received an additional $2 million funding under its secured convertible loan agreement with RI Flow LLC. This funding is part of a larger $6 million convertible loan facility announced on June 4, 2025.

To date, $4 million has been advanced under the loan agreement, with $2 million remaining available subject to certain conditions. RI Flow LLC, along with Clifford L. Rucker and NFS Leasing Canada Ltd., collectively control over 10% of Flow's voting rights on a partially diluted basis.

Flow Beverage Corp. reported challenging Q2 2025 financial results with consolidated net revenue declining 17% to $10.0M compared to Q2 2024. Flow brand revenue dropped significantly by 49% to $3.6M due to exit from certain partnerships and working capital constraints. Gross margin decreased to 23% from 28%, while Adjusted EBITDA loss improved to $3.0M from $3.5M. The company secured $14.3M in funding in fiscal 2025, including recent $12.0M via business loans to invest in working capital. Planet A co-packing revenue showed positive growth of 28%. The company appointed Paul Dowdall as new CFO, bringing 25 years of management experience. Flow remains optimistic about demand for its products and plans to launch Flow Sparkling Mineral Spring Water in Canada.

Flow Beverage Corp. has appointed Paul Dowdall as its new Chief Financial Officer, effective immediately. Dowdall brings nearly 25 years of management experience, including 9 years in CFO and COO roles. His background includes significant experience in the beverage industry, having served as CFO at Ice River Springs and Diamond Estates Wines and Spirits. Dowdall's expertise spans accounting, financial management, corporate strategy, and operational optimization. His career includes positions at major companies like Bell Canada, Blackberry, and Apple. He has demonstrated success in company recapitalization and restructuring, along with implementing operational improvements across various business functions. Flow's management expressed confidence that Dowdall's extensive experience in capital markets, compliance, and project management will support the company's path to profitability.

Flow Beverage Corp. (TSX:FLOW; OTCPK:FLWBF) announced that Trent MacDonald has resigned from his position as Chief Financial Officer and Executive Vice-President of Operations. The company's Board of Directors is currently in advanced discussions with a preferred candidate for the CFO position. In the interim, the Director of Finance will assume CFO responsibilities, with MacDonald assisting in the transition period before pursuing other interests. Chairman and CEO Nicholas Reichenbach and Audit Committee Chair Stephen A. Smith both expressed gratitude for MacDonald's leadership, expertise, and contributions to the company during his tenure.

Flow Beverage Corp has secured two major loans: a $4 million secured business purpose loan from NFS Leasing Canada and a $6 million secured convertible loan from RI Flow LLC. The Toronto Stock Exchange has conditionally approved these loans, and the company has obtained shareholder approval via written consent. The NFS loan carries a 15% annual interest rate, matures in 3 years, and requires 33 monthly payments after a 3-month grace period. The RI Flow convertible loan also bears 15% annual interest, matures in 18 months, and includes conversion rights at $0.065 per share after one year. Both loans will be disbursed in tranches subject to revenue milestones. The company is utilizing financial hardship exemptions from formal valuation and minority shareholder approval requirements, indicating significant financial challenges.

Flow Beverage Corp (TSX:FLOW; OTCQX:FLWBF) has secured multiple financing arrangements totaling $12 million to support its path towards profitability. The funding includes a $2 million senior secured business purpose loan from NFS Leasing Canada, with a binding term sheet for an additional $4 million senior secured term loan. Additionally, the company entered a binding term sheet with RI Flow LLC for a $6 million secured convertible loan. The loans carry a 15% annual interest rate and various maturity terms. The RI Flow convertible loan features a conversion price of $0.065 per share, representing an 8.9% premium to the market price. The funding requires TSX and shareholder approval, with the company seeking written consent from holders of more than 50% of voting securities.

Flow Beverage Corp. (FLWBF) announced significant financial developments on May 17, 2025. RI Flow LLC has extended the maturity date of their Term Loan from April 30 to October 31, 2025. Both RI Flow LLC and NFS Leasing Canada Ltd. have waived certain defaults related to aged payables and legal proceedings until May/June 2025. The outstanding principal amounts are $4.16 million for the RI Flow Loan and $17.13 million for the NFS Loan. Notably, the company has withdrawn its FY2025 financial guidance which had previously projected net revenue of $72-82 million, gross margin of 38-48%, and Adjusted EBITDA of $6-11 million, citing deteriorating market conditions and challenges in achieving expected synergies and cash flow increases.

Flow Beverage held its annual general meeting on April 28, 2025, with a total of 54,302,986 votes represented, accounting for 38.33% of the company's total shares. All proposed matters were successfully approved by shareholders.

The meeting saw the election of five director nominees with strong approval ratings:

• Joseph Mimran (99.33% approval)
• Stephen A. Smith (99.13% approval)
• Nicholas Reichenbach (99.14% approval)
• Patrick Bousquet-Chavanne (99.11% approval)
• Michael Lines (98.24% approval)

Shareholders also approved the reappointment of Ernst & Young as auditor, amendments to the omnibus incentive plan, and the Term Loan maturity date extension with RI Flow LLC, excluding votes from specific shareholders including RI Flow LLC, NFS Leasing Canada Ltd, and Clifford L. Rucker.

Flow Beverage Corp. (FLWBF) reported Q1 2025 financial results showing mixed performance. Consolidated net revenue reached $11.4 million, up 38% from Q1 2024, driven by a 216% increase in co-pack revenue. However, Flow brand net revenue decreased 5% to $6.2 million due to exit from unprofitable partnerships and production disruptions.

Gross margin improved significantly to 21% compared to -15% in Q1 2024, reflecting production consolidation at Aurora facility and focus on higher-margin channels. The company reduced its Adjusted EBITDA loss to $2.6 million from $9.7 million year-over-year, benefiting from improved margins, 70% decrease in marketing expenses, and 50% reduction in administrative costs.