{"success":true,"data":{"pressRelease":{"id":"52174","rtpr_id":"nNFCv8tQz","ticker":"PESO","exchange":"","all_tickers":["PESO"],"title":"RETRANSMISSION: PesoRama Reports 2026 Financial Results","author":"Newsfile Corp","published_at":"2026-06-02T12:04:22.933Z","article_body":"* Total sales increased by 14% to $26,704,371\n* Gross profits increased by 15% to $9,925,973((ii))\n* Product gross margins increased by 1.2% to 45.6%\n* Same store sales increased by 5.2% in 2026 compared to 2025 ((i))\n* Average ticket increased by 12.8% in 2026 compared to 2025\n* Raised gross proceeds of $21.8 million through three oversubscribed equity\nfinancings((iii))\nToronto, Ontario--(Newsfile Corp. - June 2, 2026) - PesoRama Inc.\n(https://api.newsfilecorp.com/redirect/Q23BNt7X5K) (TSXV: PESO) (\"PesoRama\" or\nthe \"Company\"), a Canadian company operating dollar stores in Mexico under the\nJOi Dollar Plus Stores brand, today announced its financial results for the\nyear ended January 31, 2026 (\"FY 2026\"). All financial figures are in Canadian\ndollars unless otherwise noted.\n\n\"As the only true dollar store company in Mexico, fiscal 2026 was a year of\ndeliberate and significant investment in our future,\" said Rahim Bhaloo,\nFounder, CEO and Chairman of the Board of PesoRama. \"We opened six new JOi\nDollar Plus stores during the year, including our first location in the state\nof Puebla, growing our network by 24% and expanding our geographic footprint\nbeyond Mexico City. Total sales grew 14% to $26.7 million and product gross\nmargins continued to improve, reflecting the strength of our merchandising\nstrategy and product assortment. The strong investor support we received,\nraising gross proceeds of $11.8 million through two oversubscribed equity\nfinancings during the year and an additional $10.0 million in subsequent\nprivate placement, is a clear validation of our growth strategy. We remain\nfocused on expanding our footprint, deepening brand loyalty, and delivering\nlong-term value for our shareholders in an underserved market with significant\nrunway ahead.\"\n\nKey Highlights: 2026 vs 2025\n* Total sales increased by 14% to $26,704,371, driven by a 5.2% increase in\nsame store sales((i)) from the organic growth of existing stores, and the\nopening of six new JOi Dollar Plus stores during the fiscal year resulting in\na 24% increase in our store network.\n* Gross profit increased by 15% from $ 8,623,987((ii)) during the year ended\nJanuary 31, 2025 to $9,925,973((ii)) during the year ended January 31, 2026\n* Product gross margins increased by 1.2% from $10,424,204 or 44.5% to\n$12,189,194 or 45.6%, reflecting continued improvement in sourcing and product\nassortment across all departments.\n* Average ticket increased by 12.8% as a result of increase in demand and\nincreased product assortment.\nKey Achievements Fiscal Year 2026\n* On April 26, 2025, the Company opened Store #26, a 4,370 square-feet\nlocation inside the \"City Shops del Valle\" mall in the Del Valle neighborhood\nof Mexico City.\n* On May 31, 2025, the Company opened Store #27, a 5,177 square-feet location\ninside the \"Patio Martin Carrera\" mall in the Martin Carrera neighborhood of\nMexico City.\n* In July 2025, the Company closed an oversubscribed equity financing for\ngross proceeds of $6.8 million, strengthening its balance sheet to support\ncontinued store expansion and working capital requirements.\n* On July 24, 2025, the Company opened Store #28, a 5,403 square-feet location\nnear the new Hospital de la Luz complex in the Agrícola Oriental neighborhood\nof Mexico City.\n* On November 21, 2025, the Company opened Store #29, a 6,340 square-feet\nlocation in the Roma Norte neighborhood of Mexico City.\n* On December 13, 2025, the Company opened Store #30, a 6,620 square-feet\nlocation situated approximately one kilometer from the Zócalo, Mexico City's\nmain square.\n* On December 21, 2025, the Company opened Store #31, a 4,542 square-feet\nlocation in the Parque Puebla retail district, representing the Company's\nfirst store in the state of Puebla and its first expansion beyond Mexico City.\n* In November 2025, the Company completed a $5.0 million equity financing,\nfurther strengthening its financial position to support the ongoing growth\nstrategy.\n(i) Same store sales stated in local currency\n(ii) Calculated before inventory write-down provision relating to inventory\nwhich is still considered sellable\n(iii) Includes private placement closed subsequent to the year-ended January\n31, 2026 for total gross proceeds of $10M\n\nThis earnings news release should be read in conjunction with the Company's\nconsolidated financial statements for the year ended January 31, 2026, which\ncan be found on PesoRama's issuer profile on SEDAR at www.sedarplus.ca.\n\nAbout PesoRama Inc.\n\nPesoRama, operating under the JOi Dollar Plus Stores brand, is a Mexican value\ndollar store retailer. PesoRama launched operations in 2019 in Mexico City and\nthe surrounding areas targeting high density, high traffic locations.\nPesoRama's 37 stores, with anticipated store openings by end of June expected\nto bring the total to 40, offer consistent merchandise offerings which include\nitems in the following categories: household goods, pet supplies, seasonal\nproducts, party supplies, health and beauty, snack food items, confectionery\nand more.\n\nFor further information please contact:\n\nRahim Bhaloo\nFounder, CEO and Chairman of the Board\nrahim@rahimbhaloo.com\n416-816-3291\n\nNon-IFRS Measures\n\nThere are measures included in this news release that do not have a\nstandardized meaning under international financial reporting standards (IFRS)\nand therefore may not be comparable to similarly titled measures and metrics\npresented by other publicly traded companies. The Company includes these\nmeasures because it believes certain investors use them as a means of\nassessing financial performance. Adjusted gross margin, EBITDA and Adjusted\nEBITDA are financial measures that do not have a standardized meaning under\nIFRS. EBITDA is defined as earnings before interest, taxes, depreciation, and\namortization. Adjusted EBITDA refers to earnings before interest, taxes,\ndepreciation, amortization, stock-based compensation, one-time transaction\nexpenses and financing costs. Adjusted gross margin is defined as gross profit\nplus distribution costs divided by sales.\n\nWe prepare and release quarterly unaudited and annual audited financial\nstatements prepared in accordance with IFRS. We also disclose and discuss\ncertain non-GAAP (Generally Accepted Accounting Principles) financial\ninformation used to evaluate our performance in this and other earnings\nreleases and investor conference calls as a complement to results provided in\naccordance with IFRS. We believe that current shareholders and potential\ninvestors in the Company use non-GAAP financial measures, such as adjusted\ngross margin, EBITDA, and adjusted EBITDA in making investment decisions about\nthe Company and measuring its operational results.\n\nManagement believes that investors and financial analysts measure our business\non the same basis, and we are providing the adjusted gross margin, operating\nprofit, EBITDA, and adjusted EBITDA as financial metrics to assist in this\nevaluation and to provide a higher level of transparency into how we measure\nour own business.\n\nAdjusted EBITDA is more fully defined and discussed, and reconciliation to\nIFRS financial measures is provided, in Company's Management's Discussion and\nAnalysis (\"MD&A\") for the year ended January 31, 2026.\n\nCautionary Note\n\nThis press release contains \"forward-looking information\" within the meaning\nof applicable securities laws, including, among other things, statements\nregarding the Company's planned expansion, new store openings and expected\nfuture developments and other factors that have been considered appropriate.\nWhile the Company believes that the expectations reflected in this\nforward-looking information are reasonable, undue reliance should not be\nplaced on them because the Company can give no assurance that they will prove\nto be correct. Readers are cautioned to not place undue reliance on\nforward-looking information. Actual results and developments may differ\nmaterially from those contemplated by these statements, including due to\nchanges in consumer behaviour, general economic factors, the ability of the\nCompany to execute its strategies, the availability of capital and the risk\nfactors which are discussed in greater detail in the \"Risk Factors\" section of\nthe Company's prospectus dated January 31, 2022 and filed under the Company's\nprofile on www.sedarplus.ca. The statements in this press release are made as\nof the date of this release. PesoRama undertakes no obligation to comment on\nanalyses, expectations or statements made by third-parties in respect of\nPesoRama, its securities, or its financial or operating results (as\napplicable).\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299810","article_body_html":"","raw_payload":{"data":{"id":"nNFCv8tQz","title":"RETRANSMISSION: PesoRama Reports 2026 Financial Results","author":"Newsfile Corp","ticker":"PESO","created":"2026-06-02T12:04:22.933Z","tickers":["PESO"],"exchange":"","article_body":"* Total sales increased by 14% to $26,704,371\n* Gross profits increased by 15% to $9,925,973((ii))\n* Product gross margins increased by 1.2% to 45.6%\n* Same store sales increased by 5.2% in 2026 compared to 2025 ((i))\n* Average ticket increased by 12.8% in 2026 compared to 2025\n* Raised gross proceeds of $21.8 million through three oversubscribed equity\nfinancings((iii))\nToronto, Ontario--(Newsfile Corp. - June 2, 2026) - PesoRama Inc.\n(https://api.newsfilecorp.com/redirect/Q23BNt7X5K) (TSXV: PESO) (\"PesoRama\" or\nthe \"Company\"), a Canadian company operating dollar stores in Mexico under the\nJOi Dollar Plus Stores brand, today announced its financial results for the\nyear ended January 31, 2026 (\"FY 2026\"). All financial figures are in Canadian\ndollars unless otherwise noted.\n\n\"As the only true dollar store company in Mexico, fiscal 2026 was a year of\ndeliberate and significant investment in our future,\" said Rahim Bhaloo,\nFounder, CEO and Chairman of the Board of PesoRama. \"We opened six new JOi\nDollar Plus stores during the year, including our first location in the state\nof Puebla, growing our network by 24% and expanding our geographic footprint\nbeyond Mexico City. Total sales grew 14% to $26.7 million and product gross\nmargins continued to improve, reflecting the strength of our merchandising\nstrategy and product assortment. The strong investor support we received,\nraising gross proceeds of $11.8 million through two oversubscribed equity\nfinancings during the year and an additional $10.0 million in subsequent\nprivate placement, is a clear validation of our growth strategy. We remain\nfocused on expanding our footprint, deepening brand loyalty, and delivering\nlong-term value for our shareholders in an underserved market with significant\nrunway ahead.\"\n\nKey Highlights: 2026 vs 2025\n* Total sales increased by 14% to $26,704,371, driven by a 5.2% increase in\nsame store sales((i)) from the organic growth of existing stores, and the\nopening of six new JOi Dollar Plus stores during the fiscal year resulting in\na 24% increase in our store network.\n* Gross profit increased by 15% from $ 8,623,987((ii)) during the year ended\nJanuary 31, 2025 to $9,925,973((ii)) during the year ended January 31, 2026\n* Product gross margins increased by 1.2% from $10,424,204 or 44.5% to\n$12,189,194 or 45.6%, reflecting continued improvement in sourcing and product\nassortment across all departments.\n* Average ticket increased by 12.8% as a result of increase in demand and\nincreased product assortment.\nKey Achievements Fiscal Year 2026\n* On April 26, 2025, the Company opened Store #26, a 4,370 square-feet\nlocation inside the \"City Shops del Valle\" mall in the Del Valle neighborhood\nof Mexico City.\n* On May 31, 2025, the Company opened Store #27, a 5,177 square-feet location\ninside the \"Patio Martin Carrera\" mall in the Martin Carrera neighborhood of\nMexico City.\n* In July 2025, the Company closed an oversubscribed equity financing for\ngross proceeds of $6.8 million, strengthening its balance sheet to support\ncontinued store expansion and working capital requirements.\n* On July 24, 2025, the Company opened Store #28, a 5,403 square-feet location\nnear the new Hospital de la Luz complex in the Agrícola Oriental neighborhood\nof Mexico City.\n* On November 21, 2025, the Company opened Store #29, a 6,340 square-feet\nlocation in the Roma Norte neighborhood of Mexico City.\n* On December 13, 2025, the Company opened Store #30, a 6,620 square-feet\nlocation situated approximately one kilometer from the Zócalo, Mexico City's\nmain square.\n* On December 21, 2025, the Company opened Store #31, a 4,542 square-feet\nlocation in the Parque Puebla retail district, representing the Company's\nfirst store in the state of Puebla and its first expansion beyond Mexico City.\n* In November 2025, the Company completed a $5.0 million equity financing,\nfurther strengthening its financial position to support the ongoing growth\nstrategy.\n(i) Same store sales stated in local currency\n(ii) Calculated before inventory write-down provision relating to inventory\nwhich is still considered sellable\n(iii) Includes private placement closed subsequent to the year-ended January\n31, 2026 for total gross proceeds of $10M\n\nThis earnings news release should be read in conjunction with the Company's\nconsolidated financial statements for the year ended January 31, 2026, which\ncan be found on PesoRama's issuer profile on SEDAR at www.sedarplus.ca.\n\nAbout PesoRama Inc.\n\nPesoRama, operating under the JOi Dollar Plus Stores brand, is a Mexican value\ndollar store retailer. PesoRama launched operations in 2019 in Mexico City and\nthe surrounding areas targeting high density, high traffic locations.\nPesoRama's 37 stores, with anticipated store openings by end of June expected\nto bring the total to 40, offer consistent merchandise offerings which include\nitems in the following categories: household goods, pet supplies, seasonal\nproducts, party supplies, health and beauty, snack food items, confectionery\nand more.\n\nFor further information please contact:\n\nRahim Bhaloo\nFounder, CEO and Chairman of the Board\nrahim@rahimbhaloo.com\n416-816-3291\n\nNon-IFRS Measures\n\nThere are measures included in this news release that do not have a\nstandardized meaning under international financial reporting standards (IFRS)\nand therefore may not be comparable to similarly titled measures and metrics\npresented by other publicly traded companies. The Company includes these\nmeasures because it believes certain investors use them as a means of\nassessing financial performance. Adjusted gross margin, EBITDA and Adjusted\nEBITDA are financial measures that do not have a standardized meaning under\nIFRS. EBITDA is defined as earnings before interest, taxes, depreciation, and\namortization. Adjusted EBITDA refers to earnings before interest, taxes,\ndepreciation, amortization, stock-based compensation, one-time transaction\nexpenses and financing costs. Adjusted gross margin is defined as gross profit\nplus distribution costs divided by sales.\n\nWe prepare and release quarterly unaudited and annual audited financial\nstatements prepared in accordance with IFRS. We also disclose and discuss\ncertain non-GAAP (Generally Accepted Accounting Principles) financial\ninformation used to evaluate our performance in this and other earnings\nreleases and investor conference calls as a complement to results provided in\naccordance with IFRS. We believe that current shareholders and potential\ninvestors in the Company use non-GAAP financial measures, such as adjusted\ngross margin, EBITDA, and adjusted EBITDA in making investment decisions about\nthe Company and measuring its operational results.\n\nManagement believes that investors and financial analysts measure our business\non the same basis, and we are providing the adjusted gross margin, operating\nprofit, EBITDA, and adjusted EBITDA as financial metrics to assist in this\nevaluation and to provide a higher level of transparency into how we measure\nour own business.\n\nAdjusted EBITDA is more fully defined and discussed, and reconciliation to\nIFRS financial measures is provided, in Company's Management's Discussion and\nAnalysis (\"MD&A\") for the year ended January 31, 2026.\n\nCautionary Note\n\nThis press release contains \"forward-looking information\" within the meaning\nof applicable securities laws, including, among other things, statements\nregarding the Company's planned expansion, new store openings and expected\nfuture developments and other factors that have been considered appropriate.\nWhile the Company believes that the expectations reflected in this\nforward-looking information are reasonable, undue reliance should not be\nplaced on them because the Company can give no assurance that they will prove\nto be correct. Readers are cautioned to not place undue reliance on\nforward-looking information. Actual results and developments may differ\nmaterially from those contemplated by these statements, including due to\nchanges in consumer behaviour, general economic factors, the ability of the\nCompany to execute its strategies, the availability of capital and the risk\nfactors which are discussed in greater detail in the \"Risk Factors\" section of\nthe Company's prospectus dated January 31, 2022 and filed under the Company's\nprofile on www.sedarplus.ca. The statements in this press release are made as\nof the date of this release. PesoRama undertakes no obligation to comment on\nanalyses, expectations or statements made by third-parties in respect of\nPesoRama, its securities, or its financial or operating results (as\napplicable).\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/299810"},"type":"article","timestamp":"2026-06-02T12:04:22.994487924Z","server_sent_at_ms":1780401862994},"received_at":"2026-06-02T12:04:23.047Z","source_url":"https://www.newsfilecorp.com/release/299810"},"analysis":{"id":"41608","press_release_id":"52174","analysis_json":{"industry":{"label":"Consumer Staples Distribution & Retail","sector":"Consumer Staples"},"redFlags":["Significant dilution: Raised $21.8M in equity (approx. 30-40% of market cap for typical TSXV micro-cap) to fund growth","No forward guidance provided for FY 2027"],"eventType":"earnings","narrative":"PesoRama reported FY 2026 revenue of $26.7 million, up 14% year-over-year, driven by a 5.2% increase in same-store sales and the opening of six new locations.\n\nGross profit rose 15% to $9.9 million, with product gross margins expanding 120 basis points to 45.6%, reflecting improved sourcing and assortment.\n\nThe company raised $21.8 million in gross proceeds through three oversubscribed equity financings, including a $10 million private placement closed after the fiscal year-end, to fund its expansion strategy.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"PesoRama delivers 14% revenue growth and margin expansion, backed by $21.8M in fresh equity to fuel store count growth."},"keyFigures":{"revenue":26704371,"revenueYoy":"14%","customDimensions":{"store_count":37,"gross_profit":9925973,"gross_profit_yoy":"15%","equity_raised_total":21800000,"product_gross_margin":"45.6%","average_ticket_growth":"12.8%","same_store_sales_growth":"5.2%"}},"quotedText":"We remain focused on expanding our footprint, deepening brand loyalty, and delivering long-term value for our shareholders in an underserved market with significant runway ahead.","namedEntities":{"people":[{"name":"Rahim Bhaloo","role":"Founder, CEO and Chairman of the Board"}],"products":["JOi Dollar Plus Stores"],"companies":[{"name":"PesoRama Inc.","ticker":"PESO","relationship":"filer"}],"dollarAmounts":[{"amount":"$26,704,371","context":"Total sales FY 2026"},{"amount":"$9,925,973","context":"Gross profit FY 2026"},{"amount":"$8,623,987","context":"Gross profit FY 2025"},{"amount":"$21.8 million","context":"Total gross proceeds from equity financings"},{"amount":"$11.8 million","context":"Proceeds from two oversubscribed equity financings during FY 2026"},{"amount":"$10.0 million","context":"Subsequent private placement proceeds"},{"amount":"$6.8 million","context":"July 2025 equity financing proceeds"},{"amount":"$5.0 million","context":"November 2025 equity financing proceeds"}]},"materialImpact":{"score":3,"reasoning":"Solid annual results with 14% revenue growth and expanding margins for a small-cap retailer. The company also raised $21.8M in equity, which is dilutive but supports aggressive expansion (24% store growth). No guidance provided, limiting upside surprise potential."},"tickerRelevance":{"others":[],"primary":"PESO"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":["offering"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"annual_earnings","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"small","retailFavoriteBoost":0}},"event_type":"earnings","event_type_secondary":["offering"],"sentiment":"bullish","material_impact_score":3,"narrative":"PesoRama reported FY 2026 revenue of $26.7 million, up 14% year-over-year, driven by a 5.2% increase in same-store sales and the opening of six new locations.\n\nGross profit rose 15% to $9.9 million, with product gross margins expanding 120 basis points to 45.6%, reflecting improved sourcing and assortment.\n\nThe company raised $21.8 million in gross proceeds through three oversubscribed equity financings, including a $10 million private placement closed after the fiscal year-end, to fund its expansion strategy.","key_figures":{"revenue":26704371,"revenueYoy":"14%","customDimensions":{"store_count":37,"gross_profit":9925973,"gross_profit_yoy":"15%","equity_raised_total":21800000,"product_gross_margin":"45.6%","average_ticket_growth":"12.8%","same_store_sales_growth":"5.2%"}},"named_entities":{"people":[{"name":"Rahim Bhaloo","role":"Founder, CEO and Chairman of the Board"}],"products":["JOi Dollar Plus Stores"],"companies":[{"name":"PesoRama Inc.","ticker":"PESO","relationship":"filer"}],"dollarAmounts":[{"amount":"$26,704,371","context":"Total sales FY 2026"},{"amount":"$9,925,973","context":"Gross profit FY 2026"},{"amount":"$8,623,987","context":"Gross profit FY 2025"},{"amount":"$21.8 million","context":"Total gross proceeds from equity financings"},{"amount":"$11.8 million","context":"Proceeds from two oversubscribed equity financings during FY 2026"},{"amount":"$10.0 million","context":"Subsequent private placement proceeds"},{"amount":"$6.8 million","context":"July 2025 equity financing proceeds"},{"amount":"$5.0 million","context":"November 2025 equity financing proceeds"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-02T12:22:18.733Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"annual_earnings","sectorWeight":"low","householdBrandBoost":0,"marketCapAdjustment":"small","retailFavoriteBoost":0}},"durationMs":60189,"modelName":"george-droid-qwen-72b"}}