WINDSOR, Ontario, Sept. 29, 2025 (GLOBE NEWSWIRE) — NEXE Innovations Inc. (“NEXE”, the “Company”, “we”, “us” or “our”) (TSX.V: NEXE) (Frankfurt: NX5) (OTC: NEXNF), a compostable and innovative materials company, is pleased to announce its financial results for the twelve-month and three-month period ended May 31, 2025 (“Q4 2025”).
- NEXE has entered into collaboration with five coffee companies representing more than 15 K-Cup brands.
- Over 50 SKUs have been developed, with repeat orders delivered to all five partners.
- Partners have provided positive feedback on NEXE’s fully compostable, patent-protected pod, which is positioned as an alternative to conventional plastic pods.
- The Company maintains a strong balance sheet, supporting operational scalability and future growth initiatives.
- Cash position and short-term investments stand at $12.3 million, with minimal debt and commitments of $1.4M.
NEXE commercialized the latest version of its BPI-certified compostable coffee pod in November 2024, and since then has entered into five different collaborations in both the U.S. and Canada. Initial feedback from partners has been positive, including from those who have tested a limited number of SKUs. As market awareness and demand increases, our partners continue to expand their offerings of the NEXE fully compostable coffee pod. To date, over 50 SKUs have been developed, and an additional 10 SKUs are expected to be introduced over the next few weeks. Repeat order volumes have increased over time, and we anticipate continued interest in our compostable pod offerings.
NEXE aims to provide a high-quality coffee pod that is designed to deliver a premium brewing experience at a price point comparable to conventional plastic alternatives. What we believe makes the NEXE pod stand out is its patent-protected extraction and pod structure, which is designed to extract coffee in a manner similar to a French press, due to a faceplate within the pod that compresses the coffee during brewing. The pod contains no persistent microplastics and is intended to be more environmentally friendly than the non-compostable pods currently on the market. NEXE holds several patents that protect its technology, including patents for pod components, pod structures, and manufacturing equipment.
NEXE is working towards a strategy aimed at increasing production volumes and scaling operations. NEXE continues to exercise disciplined capital management in response to current market conditions. The Company currently maintains a cash position that we believe is sufficient to support our ongoing business strategy. At the end of Q4 2025, our total cash position is …