Delota Reports Financial Results for the Three and Six Months Ended September 30, 2025
Highlights: Total revenue of $8.7 million for the Three Months Ended 2026Total System-Wide Revenue of $10.4 million for the Three Months Ended 2026 31% gross profit margin for the Three Months Ended 2026Total revenue of $18.7 million for the Six Months Ended 2026Total System-Wide Revenue of $21.0 million for the Six Months Ended 202634% gross profit margin for the Six Months Ended 2026Segmented revenue for the Six Months Ended 2026: Vape - B2C: $12.2 million, B2B: $4.5 millionCannabis - B2C:...
2025-12-02 7:30 AM EST
Delota Reports Financial Results for the Three Months Ended June 30, 2025
Highlights: Total revenue of $10.0 million for Q1 202636% gross profit margin for Q1 2026Positive Adjusted EBITDA of $0.3 million for Q1 2026Segmented revenue for Q1 2026: Vape - B2C: $7.7 million, B2B: $1.4 millionCannabis - B2C: $1.0 millionCompleted the early redemption of senior secured convertible debentures in the amount of $900,000 plus accrued interestCustomer base of over 300,000 registered accounts across online and brick-and-mortar platformsVaughan, Ontario--(Newsfile Corp. -...
2025-08-29 6:30 PM EDT
Delota Reports Annual Audited Results for the Fourteen Months Ended March 31, 2025
Highlights: Total revenue of $46.5 million for the Fourteen Months Ended 202538% gross profit margin for the Fourteen Months Ended 2025Positive Adjusted EBITDA of $1.2 million for the Fourteen Months Ended 2025Segmented revenue for the Fourteen Months Ended 2025: Vape - B2C: $36.4 million, B2B: $6.0 millionCannabis - B2C: $4.1 millionCompleted the early redemption of senior secured convertible debentures in the amount of $900,000 plus accrued interestIncreased customer base to over 300,000...
2025-07-30 7:30 AM EDT
Delota Announces Change of Auditor
Vaughan, Ontario--(Newsfile Corp. - July 16, 2025) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company"), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, announces that it has changed its auditor to Horizon Assurance LLP (the "Successor Auditor") effective July 15, 2025. The Company's predecessor auditor, Stern & Lovrics LLP (the "Predecessor Auditor") resigned effective July 15, 2025, at the Company's request. The Successor Auditor's...
2025-07-16 5:06 PM EDT
Delota Announces Retail Partnership in Eastern Canada
Vaughan, Ontario--(Newsfile Corp. - July 7, 2025) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company"), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is pleased to announce that its wholly-owned subsidiary, 2360149 Ontario Inc. d/b/a 180 Smoke ("180 Smoke"), has entered into agreements with 180 Global, a private Quebec-based business in the nicotine vape sector, relating to the licensing of Delota's flagship 180 Smoke brand for retail...
2025-07-07 5:00 PM EDT
Delota Provides Corporate Update and Early Redemption of Convertible Debentures
Vaughan, Ontario--(Newsfile Corp. - April 22, 2025) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company") is pleased to announce that it has completed the early redemption of Senior Secured Convertible Debentures (as described below) in the amount of $900,000 plus accrued interest as of today (the "Prepayment"). The Debenture Units (as defined below) were originally issued to arm's length investors led by Plaza Capital (the "Lead Investor") on December 19, 2023 (the "Offering") and...
2025-04-22 7:37 PM EDT
Delota Reports Unaudited Fourth Quarter Results
Highlights: Total revenue of $10.3 million for Q4 2025, reflecting YoY growth of 1% from the comparative quarter37% gross profit margin for Q4 2025Positive Adjusted EBITDA of $287,329 for Q4 2025Total revenue of $40.2 million for the Twelve Months Ended 2025, reflecting YoY growth of 18% from the comparative period39% gross profit margin for the Twelve Months Ended 2025Positive Adjusted EBITDA of $1,114,587 for the Twelve Months Ended 2025Segmented revenue for the Twelve Months Ended 2025:...
2025-04-02 7:00 AM EDT
Delota Expands Retail Footprint with Addition of New Store in Etobicoke, Ontario
Vaughan, Ontario--(Newsfile Corp. - February 5, 2025) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company"), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is pleased to announce that it has opened an additional retail store in Etobicoke, Ontario, expanding its footprint to 32 locations across the province. The new location is in the Albion Mall at 51A-1530 Albion Rd., Etobicoke, Ontario. The store is one of the Company's small-footprint...
2025-02-05 7:00 AM EST
Delota Announces Change of Fiscal Year End
Vaughan, Ontario--(Newsfile Corp. - January 22, 2025) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company"), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, announced today that the Company's board of directors has approved a change of the Company's fiscal year-end from January 31st to March 31st, effective immediately. The change aims to better align the Company's financial reporting resources and to improve consistency between calendar...
2025-01-22 4:20 PM EST
Delota Reports Third Quarter Revenue of $10.3 Million; $29.9 Million for the Nine Months Ended 2025 and Third Consecutive Quarter of Positive Adjusted EBITDA
Highlights:Total revenue of $10.3 million for Q3 2025, reflecting YoY growth of 27% from the comparative quarter37% gross profit margin for Q3 2025Positive Adjusted EBITDA of $380,110 for Q3 2025Total revenue of $29.9 million for the Nine Months Ended 2025, reflecting YoY growth of 25% from the comparative period39% gross profit margin for the Nine Months Ended 2025Positive Adjusted EBITDA of $827,258 for the Nine Months Ended 2025Segmented revenue for the Nine Months Ended 2025:Vape - B2C:...
2025-01-02 7:00 AM EST
Delota Reports Second Quarter Revenue of $9.8 Million and Over $0.3 Million of Adjusted EBITDA
Highlights: Total revenue of $9.8 million for Q2 2025, reflecting YoY growth of 18% from the comparative quarter41.6% gross profit margin for Q2 2025Positive Adjusted EBITDA of $315,574 for Q2 2025Total revenue of $19.6 million for the Six Months Ended 2025, reflecting YoY growth of 24% from the comparative period40.7% gross profit margin for the Six Months Ended 2025Positive Adjusted EBITDA of $420,940 for the Six Months Ended 2025Segmented revenue for the Six Months Ended 2025:Vape - B2C:...
2024-10-01 7:30 AM EDT
Delota Adds Additional 180 Smoke Vape Stores in Ontario
Vaughan, Ontario--(Newsfile Corp. - August 26, 2024) - Delota Corp. (CSE: NIC) (FSE:S62) ("Delota" or the "Company") , a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is pleased to announce that as part of its strategic expansion plan, it continues to open new retail locations across Ontario. The Company's flagship brand, 180 Smoke Vape Store ("180 Smoke"), has opened a new retail location at 499 Main Street South, Unit 60D, Shoppers World in...
2024-08-26 7:00 AM EDT
Delota Expands 180 Smoke Vape Store Footprint as Part of Strategic Expansion Plan
Vaughan, Ontario--(Newsfile Corp. - July 25, 2024) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company"), a leading Canadian omni-channel retailer of nicotine vape and alternative tobacco products, is pleased to announce that the Company's flagship brand, 180 Smoke Vape Store ("180 Smoke"), has opened a new retail location in Parry Sound to expand the Company's retail footprint to a total of 30 locations across Ontario. Based on this footprint, 180 Smoke is the largest omni-channel...
2024-07-25 7:00 AM EDT
Delota Reports First Quarter Revenue of $9.9 Million and Positive Adjusted EBITDA
Highlights:Total revenue of $9.9 million for Q1 2025, reflecting YoY growth of 31% from the comparative quarter40% gross profit margin for Q1 2025Positive Adjusted EBITDA of $105,366 for Q1 2025Segmented Revenue for Q1 2025:Vape - B2C: $7.8 million, B2B: $1.2 millionCannabis - B2C: $0.8 millionExpanded 180 Smoke Vape Store's brick-and-mortar retail presence to 30 locations solidifying its position as the largest omni-channel specialty vape retailer in Ontario1Increased system-wide loyalty...
2024-07-03 7:00 AM EDT
Delota Reports Record Revenue for the Fourth Quarter and Year Ended January 31, 2024
Highlights: Total revenue of $34.1 million for the Year Ended 2024, reflecting YoY growth of 31% from the comparative year40% gross profit margin for the Year Ended 2024Positive Adjusted EBITDA of $235,552 for the Year Ended 2024Total revenue of $10.2 million for Q4 2024, reflecting YoY growth of 47% from the comparative quarter38% gross profit margin for Q4 2024Positive Adjusted EBITDA of $331,138 for Q4 2024Segmented Revenue for the Year Ended 2024: Vape - B2C: $23.4 million, B2B: $6.9...
2024-05-31 7:00 AM EDT
Delota Expands Product Line with Addition of Nicotine-Based Siberia White Snus Pouches
Vaughan, Ontario--(Newsfile Corp. - April 29, 2024) - Delota Corp. (CSE: NIC) (FSE: S62) ("Delota" or the "Company") a leading Canadian omni-channel retailer of nicotine-based products is pleased to announce the continued expansion of its nicotine-based product portfolio, in line with its strategic objectives for 2024.On April 23, 2024, Delota entered into a partnership with GN Canada, the exclusive Canadian distributor of Siberia White Snus pouches, and a partner with global snus leader GN...
2024-04-29 7:00 AM EDT
Delota Provides Corporate Update on Significant Growth and Progress
Strategic growth plan with defined priorities for 2024 and beyond. Vaughan, Ontario--(Newsfile Corp. - April...
2024-04-11 7:00 AM EDT
Delota Announces Change of Stock Symbol from "LOTA" to "NIC"
Vaughan, Ontario--(Newsfile Corp. - March 28, 2024) - Delota Corp. (CSE: LOTA) (FSE: S62) ("Delota" or the "Company") a leading omni-channel retailer of nicotine-based products is pleased to announce the change of its stock symbol from "LOTA" to "NIC". The common shares of the Company (the "Shares") will begin trading under the new symbol "NIC" on the Canadian Securities Exchange ("CSE") at market open on April 2, 2024. The CUSIP (24713H100) and ISIN (CA24713H1001) for the Shares will remain...
2024-03-28 7:30 AM EDT
Delota Retains Strike Communications for Capital Markets and Corporate Communications Services
Vaughan, Ontario--(Newsfile Corp. - March 15, 2024) - Delota Corp. (CSE: LOTA) (FSE: S62) ("Delota" or the "Company") is pleased to announce that the Company has retained Strike Communications Inc. ("Strike") to perform capital markets and corporate communications services for the Company, effective March 14, 2024 (the "Agreement"). The Agreement will continue on a month-to-month basis and may be terminated by either party upon 60 days' written notice. In connection with the Agreement, Strike...
2024-03-15 8:00 AM EDT
Delota Corp. Completes Debt Settlements
Vaughan, Ontario--(Newsfile Corp. - February 5, 2024) - Delota Corp. (CSE: LOTA) ("Delota" or the "Company") is pleased to announce that, further to its press release dated January 26, 2024, the Company has completed debt settlements in the amount of $215,000.10 with certain creditors of the Company to preserve the Company's cash for working capital through the issuance of 1,535,715 units of the Company (each, a "Unit") at a price of $0.14 per Unit (each a "Debt Settlement"). Each Unit...
2024-02-05 6:42 PM EST