{"success":true,"data":{"pressRelease":{"id":"130229","rtpr_id":"nNFCtmVFd","ticker":"ESBL","exchange":"","all_tickers":["ESBL"],"title":"CORRECTION FROM SOURCE: Eshbal Reports First-Half 2026 Revenue of US$8.8 Million, Up 30% Year-Over-Year","author":"Newsfile Corp","published_at":"2026-08-28T11:10:10.242Z","article_body":"Toronto, Ontario--(Newsfile Corp. - August 28, 2026) - Eshbal Functional Food\nInc. (TSXV: ESBL) (\"Eshbal\" or the \"Company\") today announced its financial\nresults for the three and six months ended June 30, 2026. The Company is\nissuing this amended news release to include additional second-quarter\nfinancial information that was omitted from its August 27, 2026 news release.\n\nEshbal reported revenue of US$8.76 million for the first six months of 2026,\nan increase of 30.4% compared with US$6.72 million for the same period in\n2025. Gross profit increased 19.4% to US$2.06 million from US$1.73 million.\nFor the second quarter of 2026, revenue was US$3.38 million, an increase of\n13.9% compared with US$2.97 million in Q2 2025. Gross profit was US$511,000\ncompared with US$628,000 in Q2 2025, and net loss was US$789,000 compared with\nUS$2.00 million in Q2 2025.\n\nThe year-over-year comparison reflects the continued evolution of Eshbal\nfollowing completion of its reverse takeover in April 2025. Accordingly, the\nfirst four months of the 2025 comparative period primarily reflected Eshbal's\noperations prior to completion of the RTO and did not include the Company's\ncurrent public-company cost structure or its subsequently acquired North\nAmerican operations. The Q2 2025 comparative period included US$1.69 million\nof listing expenses associated with the RTO.\n\nFinancial Highlights\n* H1 revenue: US$8.76 million, up 30.4%\n* Q2 revenue: US$3.38 million, up 13.9%\n* Q2 gross profit: US$511,000, compared with US$628,000 in Q2 2025\n* Q2 net loss: US$789,000, compared with US$2.00 million in Q2 2025\n* H1 gross profit: US$2.06 million, up 19.4%\n* H1 gross margin: 23.5%, compared with 25.7% in H1 2025\n* Total assets: US$15.18 million at June 30, 2026, compared with US$12.24\nmillion at December 31, 2025\nDuring the first half of 2026, the Company continued to expand its North\nAmerican platform through acquisitions, local manufacturing, foodservice,\nretail and e-commerce initiatives, while continuing to grow its core\noperations. The Company's condensed interim consolidated financial statements\nand MD&A for the three and six months ended June 30, 2026 are available under\nthe Company's profile on SEDAR+.\n\n(https://images.newsfilecorp.com/files/12370/311946_3da8da8e6456a982_001full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/12370/311946_3da8da8e6456a982_001full.jpg\n\nAbout Eshbal Group\n\nEshbal Group is an international food group focused on developing,\nmanufacturing, and commercializing better-for-you, gluten-free, GLP-1 friendly\nfood products and dietary supplements. Built on more than three decades of\nindustry experience, the Group combines product innovation, manufacturing\nexpertise, and commercial expertise to develop and grow a portfolio of\ninnovative health and wellness brands. The Group's strategy is to build a\nleading platform of health and wellness brands through organic growth,\nstrategic acquisitions, operational excellence, and international expansion.\n\n Website (https://api.newsfilecorp.com/redirect/ejyqktQWR0)  LinkedIn (https://api.newsfilecorp.com/redirect/87VmnCmgnR)  Facebook (https://api.newsfilecorp.com/redirect/y4aerIyKrK)  Instagram (https://api.newsfilecorp.com/redirect/1KbeghQAqx)  \n\n \n\nTomer Bar Meir, CEO\nAnat Shuhami, Head of Investor Communications\nInvestors@Eshbal.com\nEshbal.com (https://api.newsfilecorp.com/redirect/A8k2jSX5an) +9724-6375110\n\nDisclaimers:\nNeither the TSX Venture Exchange Inc., nor its Regulation Servicer provider\naccepts responsibility for the adequacy or accuracy of this release.\nThis press release contains \"forward-looking statements\" within the meaning of\nthe securities laws. Words such as \"expects\" \"anticipates\", \"intends\",\n\"plans\", \"believes\", \"seeks,\" \"estimates\" and similar expressions or\nvariations of such words are intended to identify forward-looking statements.\nForward-looking statements are not historical facts, and are based upon\nmanagement's current expectations, beliefs and projections, many of which, by\ntheir nature, are inherently uncertain. Such expectations, beliefs and\nprojections are expressed in good faith. However, there can be no assurance\nthat management's expectations, beliefs and projections will be achieved, and\nactual results may differ materially from what is expressed in or indicated by\nthe forward-looking statements. Forward-looking statements are subject to\nrisks and uncertainties that could cause actual performance or results to\ndiffer materially from those expressed in the forward-looking statements. For\na more detailed description of the risks and uncertainties affecting the\nCompany, reference is made to the Company's reports filed from time to time at\nsedarplus.ca (https://api.newsfilecorp.com/redirect/ZEygDtpWDD).\nForward-looking statements speak only as of the date the statements are made.\nThe Company assumes no obligation to update forward- looking statements to\nreflect actual results, subsequent events or circumstances, changes in\nassumptions or changes in other factors affecting forward-looking information\nexcept to the extent required by applicable securities laws. If the Company\ndoes update one or more forward-looking statements, no inference should be\ndrawn that the Company will make additional updates with respect thereto or\nwith respect to other forward-looking statements. References and links to\nwebsites have been provided as a convenience, and the information contained on\nsuch websites is not incorporated by reference into this press release. The\nCompany is not responsible for the contents of third-party websites.\nThis press release does not constitute an offer to sell or a solicitation of\nan offer to sell any of the securities described herein in the United States\nor elsewhere. These securities have not been, and will not be, registered in\nthe United States Securities Act of 1933, as amended, or any state securities\nlaws, and may not be offered or sold in the United States or to U.S. persons\nunless registered or exempt therefrom.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/311946","article_body_html":"","raw_payload":{"data":{"id":"nNFCtmVFd","title":"CORRECTION FROM SOURCE: Eshbal Reports First-Half 2026 Revenue of US$8.8 Million, Up 30% Year-Over-Year","author":"Newsfile Corp","ticker":"ESBL","created":"2026-08-28T11:10:10.242Z","tickers":["ESBL"],"exchange":"","article_body":"Toronto, Ontario--(Newsfile Corp. - August 28, 2026) - Eshbal Functional Food\nInc. (TSXV: ESBL) (\"Eshbal\" or the \"Company\") today announced its financial\nresults for the three and six months ended June 30, 2026. The Company is\nissuing this amended news release to include additional second-quarter\nfinancial information that was omitted from its August 27, 2026 news release.\n\nEshbal reported revenue of US$8.76 million for the first six months of 2026,\nan increase of 30.4% compared with US$6.72 million for the same period in\n2025. Gross profit increased 19.4% to US$2.06 million from US$1.73 million.\nFor the second quarter of 2026, revenue was US$3.38 million, an increase of\n13.9% compared with US$2.97 million in Q2 2025. Gross profit was US$511,000\ncompared with US$628,000 in Q2 2025, and net loss was US$789,000 compared with\nUS$2.00 million in Q2 2025.\n\nThe year-over-year comparison reflects the continued evolution of Eshbal\nfollowing completion of its reverse takeover in April 2025. Accordingly, the\nfirst four months of the 2025 comparative period primarily reflected Eshbal's\noperations prior to completion of the RTO and did not include the Company's\ncurrent public-company cost structure or its subsequently acquired North\nAmerican operations. The Q2 2025 comparative period included US$1.69 million\nof listing expenses associated with the RTO.\n\nFinancial Highlights\n* H1 revenue: US$8.76 million, up 30.4%\n* Q2 revenue: US$3.38 million, up 13.9%\n* Q2 gross profit: US$511,000, compared with US$628,000 in Q2 2025\n* Q2 net loss: US$789,000, compared with US$2.00 million in Q2 2025\n* H1 gross profit: US$2.06 million, up 19.4%\n* H1 gross margin: 23.5%, compared with 25.7% in H1 2025\n* Total assets: US$15.18 million at June 30, 2026, compared with US$12.24\nmillion at December 31, 2025\nDuring the first half of 2026, the Company continued to expand its North\nAmerican platform through acquisitions, local manufacturing, foodservice,\nretail and e-commerce initiatives, while continuing to grow its core\noperations. The Company's condensed interim consolidated financial statements\nand MD&A for the three and six months ended June 30, 2026 are available under\nthe Company's profile on SEDAR+.\n\n(https://images.newsfilecorp.com/files/12370/311946_3da8da8e6456a982_001full.jpg)\n\nTo view an enhanced version of this graphic, please visit:\nhttps://images.newsfilecorp.com/files/12370/311946_3da8da8e6456a982_001full.jpg\n\nAbout Eshbal Group\n\nEshbal Group is an international food group focused on developing,\nmanufacturing, and commercializing better-for-you, gluten-free, GLP-1 friendly\nfood products and dietary supplements. Built on more than three decades of\nindustry experience, the Group combines product innovation, manufacturing\nexpertise, and commercial expertise to develop and grow a portfolio of\ninnovative health and wellness brands. The Group's strategy is to build a\nleading platform of health and wellness brands through organic growth,\nstrategic acquisitions, operational excellence, and international expansion.\n\n Website (https://api.newsfilecorp.com/redirect/ejyqktQWR0)  LinkedIn (https://api.newsfilecorp.com/redirect/87VmnCmgnR)  Facebook (https://api.newsfilecorp.com/redirect/y4aerIyKrK)  Instagram (https://api.newsfilecorp.com/redirect/1KbeghQAqx)  \n\n \n\nTomer Bar Meir, CEO\nAnat Shuhami, Head of Investor Communications\nInvestors@Eshbal.com\nEshbal.com (https://api.newsfilecorp.com/redirect/A8k2jSX5an) +9724-6375110\n\nDisclaimers:\nNeither the TSX Venture Exchange Inc., nor its Regulation Servicer provider\naccepts responsibility for the adequacy or accuracy of this release.\nThis press release contains \"forward-looking statements\" within the meaning of\nthe securities laws. Words such as \"expects\" \"anticipates\", \"intends\",\n\"plans\", \"believes\", \"seeks,\" \"estimates\" and similar expressions or\nvariations of such words are intended to identify forward-looking statements.\nForward-looking statements are not historical facts, and are based upon\nmanagement's current expectations, beliefs and projections, many of which, by\ntheir nature, are inherently uncertain. Such expectations, beliefs and\nprojections are expressed in good faith. However, there can be no assurance\nthat management's expectations, beliefs and projections will be achieved, and\nactual results may differ materially from what is expressed in or indicated by\nthe forward-looking statements. Forward-looking statements are subject to\nrisks and uncertainties that could cause actual performance or results to\ndiffer materially from those expressed in the forward-looking statements. For\na more detailed description of the risks and uncertainties affecting the\nCompany, reference is made to the Company's reports filed from time to time at\nsedarplus.ca (https://api.newsfilecorp.com/redirect/ZEygDtpWDD).\nForward-looking statements speak only as of the date the statements are made.\nThe Company assumes no obligation to update forward- looking statements to\nreflect actual results, subsequent events or circumstances, changes in\nassumptions or changes in other factors affecting forward-looking information\nexcept to the extent required by applicable securities laws. If the Company\ndoes update one or more forward-looking statements, no inference should be\ndrawn that the Company will make additional updates with respect thereto or\nwith respect to other forward-looking statements. References and links to\nwebsites have been provided as a convenience, and the information contained on\nsuch websites is not incorporated by reference into this press release. The\nCompany is not responsible for the contents of third-party websites.\nThis press release does not constitute an offer to sell or a solicitation of\nan offer to sell any of the securities described herein in the United States\nor elsewhere. These securities have not been, and will not be, registered in\nthe United States Securities Act of 1933, as amended, or any state securities\nlaws, and may not be offered or sold in the United States or to U.S. persons\nunless registered or exempt therefrom.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/311946"},"type":"article","timestamp":"2026-08-28T11:10:10.308932001Z","server_sent_at_ms":1787915410308},"received_at":"2026-08-28T11:10:10.377Z","source_url":"https://www.newsfilecorp.com/release/311946"},"analysis":{"id":"119140","press_release_id":"130229","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["Correction release: Q2 financial information was omitted from the original August 27, 2026 news release","Gross margin contracted to 23.5% from 25.7% in the prior year period"],"eventType":"earnings","narrative":"Eshbal corrected its H1 2026 financial release, reporting revenue of US$8.76 million, up 30.4% year-over-year.\n\nSecond-quarter revenue increased 13.9% to US$3.38 million, while the net loss narrowed significantly to US$789,000 from US$2.00 million in the prior year.\n\nGross margin for the first half was 23.5%, slightly down from 25.7% in 2025, as the company continues to integrate operations following its reverse takeover.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Strong revenue growth and narrowed losses in corrected release, though gross margin dipped."},"keyFigures":{"revenue":8760000,"revenueYoy":"30.4%","customDimensions":{"q2_revenue":3380000,"q2_net_loss":789000,"gross_profit":2060000,"total_assets":15180000,"q2_revenue_yoy":"13.9%","gross_margin_h1":"23.5%"}},"quotedText":"","namedEntities":{"people":[{"name":"Tomer Bar Meir","role":"CEO"},{"name":"Anat Shuhami","role":"Head of Investor Communications"}],"products":[],"companies":[{"name":"Eshbal Functional Food Inc.","ticker":"ESBL"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$8.76 million","context":"H1 2026 revenue"},{"amount":"US$3.38 million","context":"Q2 2026 revenue"},{"amount":"US$789,000","context":"Q2 2026 net loss"},{"amount":"US$2.00 million","context":"Q2 2025 net loss"},{"amount":"US$15.18 million","context":"Total assets at June 30, 2026"}]},"materialImpact":{"score":3,"reasoning":"Strong 30.4% H1 revenue growth and significant Q2 net loss narrowing, though the release is a correction of a prior filing due to omitted data."},"tickerRelevance":{"others":[],"primary":"ESBL"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"correction":true,"tickerTier":"micro-cap","eventGravity":"earnings_report"}},"event_type":"earnings","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Eshbal corrected its H1 2026 financial release, reporting revenue of US$8.76 million, up 30.4% year-over-year.\n\nSecond-quarter revenue increased 13.9% to US$3.38 million, while the net loss narrowed significantly to US$789,000 from US$2.00 million in the prior year.\n\nGross margin for the first half was 23.5%, slightly down from 25.7% in 2025, as the company continues to integrate operations following its reverse takeover.","key_figures":{"revenue":8760000,"revenueYoy":"30.4%","customDimensions":{"q2_revenue":3380000,"q2_net_loss":789000,"gross_profit":2060000,"total_assets":15180000,"q2_revenue_yoy":"13.9%","gross_margin_h1":"23.5%"}},"named_entities":{"people":[{"name":"Tomer Bar Meir","role":"CEO"},{"name":"Anat Shuhami","role":"Head of Investor Communications"}],"products":[],"companies":[{"name":"Eshbal Functional Food Inc.","ticker":"ESBL"},{"name":"TSX Venture Exchange","relationship":"exchange"}],"dollarAmounts":[{"amount":"US$8.76 million","context":"H1 2026 revenue"},{"amount":"US$3.38 million","context":"Q2 2026 revenue"},{"amount":"US$789,000","context":"Q2 2026 net loss"},{"amount":"US$2.00 million","context":"Q2 2025 net loss"},{"amount":"US$15.18 million","context":"Total assets at June 30, 2026"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-28T11:12:07.441Z","global_importance":15,"audience_relevance":10,"importance_components":{"correction":true,"tickerTier":"micro-cap","eventGravity":"earnings_report"}},"durationMs":null,"modelName":"glm-4.7"}}