PesoRama Reports 2026 Q3 Financial Results

• Total sales increased by 15.9% in the nine months ended October 31, 2025 compared to 2024 ⁽ⁱ⁾
• Product gross margins increased in the nine months ended October 31, 2025 by 1.4% to 46.1% compared to 2024
• Same store sales increased by 5.9% in the nine months ended October 31, 2025 compared to 2024 ⁽ⁱ⁾
• Average ticket increased by 15.8% in in the nine months ended October 31, 2025 compared to 2024
• Closed $6.8 million in oversubscribed equity financing
• Subsequent to quarter-end, completed a $5.0 million equity financing

Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - PesoRama Inc. (TSXV: PESO) ("PesoRama" or the "Company"), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus Stores brand, today announced its financial results for the three and nine months ended October 31, 2025 ("Q3 Fiscal 2026"). All financial figures are in Canadian dollars unless otherwise noted.

"As the only true dollar store company in Mexico, we continue to innovate and expand our value proposition," said Rahim Bhaloo, Founder, CEO, and Chairman of the Board of PesoRama. "Our Q3 results demonstrate the resilience of our business model and continued demand for our offering, despite ongoing currency headwinds. Average ticket increased by 15.8% and same-store sales grew by 5.9%, supporting a 15.9% increase in total sales in the nine months ended October 31, 2025 compared to 2024. These results reflect the success of our merchandising strategy and expanded product assortment, which are driving customer loyalty as we grow our footprint in an underserved market. Subsequent to quarter-end, the completion of a $5.0 million equity financing further strengthens our balance sheet and enhances our ability to execute our growth strategy and deliver long-term value for shareholders."

Key Highlights: Three months 2026 Q3 vs 2025 Q3

• Total sales increased by 23.6% to $6,699,728. In local currency (MXN), sales increased by approximately 16.9% quarter-over-quarter, reflecting continued organic growth and new store openings.
• Gross profit remained consistent at $2,563,177, compared to $2,272,159 in Q3 2025, primarily driven by the increase in sales.
• Product gross margins increased by 0.8% from $2,456,325 or 45.3% to $3,089,314 or 46.1% due to a decrease in the per unit cost of inventory.
• Closed $6.8 million in oversubscribed equity financing to support store expansion.
• Subsequent to quarter-end, completed a $5.0 million equity financing to support continued store expansion and working capital.

(i) stated in local currency

Key Achievements 2025

• On April 26, 2025, the Company opened store #26; a 4,370 square feet location inside the "City Shops del Valle" mall in the Del Valle neighborhood.
• On May 31, 2025, the Company opened store #27, a 5,177 square feet location inside the "Patio Martin Carrera" mall in the Martin Carrera neighborhood.
• On July 24, 2025, the Company opened store #28, a 5,403 square feet location near the new Hospital de la Luz complex in the Agrícola Oriental neighborhood of Mexico City.
• On November 21, 2025, the Company opened store #29, a 6,340 square feet location store in the Roma Norte neighborhood of Mexico City.
• On December 13, 2025, the Company opened store #30, a 6,620 square feet location situated roughly one kilometer from the Zócalo, Mexico City's main square.
• The Company expects to open Store #31 on December 21, 2025, a 4,585 square feet location in the Parque Puebla retail district of Puebla City, representing the Company's first store in the state of Puebla.

This earnings news release should be read in conjunction with the Company's consolidated financial statements for the three and nine months ended October 31, 2025, which can be found on PesoRama's issuer profile on SEDAR+ at www.sedarplus.ca.

About PesoRama Inc.

PesoRama, operating under the JOi Dollar Plus Stores brand, is a Mexican value dollar store retailer. PesoRama launched operations in 2019 in Mexico City and the surrounding areas targeting high density, high traffic locations. PesoRama's 30 stores (soon to be 31) offer consistent merchandise offerings which include items in the following categories: household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery and more.

Non-IFRS Measures

There are measures included in this news release that do not have a standardized meaning under international financial reporting standards (IFRS) and therefore may not be comparable to similarly titled measures and metrics presented by other publicly traded companies. The Company includes these measures because it believes certain investors use them as a means of assessing financial performance. Adjusted gross margin, EBITDA and Adjusted EBITDA are financial measures that do not have a standardized meaning under IFRS. EBITDA is defined as earnings before interest, taxes, depreciation, and amortization. Adjusted EBITDA refers to earnings before interest, taxes, depreciation, amortization, stock-based compensation, one-time transaction expenses and financing costs. Adjusted gross margin is defined as gross profit plus distribution costs divided by sales.

We prepare and release quarterly unaudited and annual audited financial statements prepared in accordance with IFRS. We also disclose and discuss certain non-GAAP (Generally Accepted Accounting Principles) financial information used to evaluate our performance in this and other earnings releases and investor conference calls as a complement to results provided in accordance with IFRS. We believe that current shareholders and potential investors in the Company use non-GAAP financial measures, such as adjusted gross margin, EBITDA, and adjusted EBITDA in making investment decisions about the Company and measuring its operational results.

Management believes that investors and financial analysts measure our business on the same basis, and we are providing the adjusted gross margin, operating profit, EBITDA, and adjusted EBITDA as financial metrics to assist in this evaluation and to provide a higher level of transparency into how we measure our own business.

Adjusted EBITDA is more fully defined and discussed, and reconciliation to IFRS financial measures is provided, in Company's Management's Discussion and Analysis ("MD&A") for the year ended January 31, 2025.

Cautionary Note

This press release contains "forward-looking information" within the meaning of applicable securities laws, including, among other things, statements regarding the Company's planned expansion, new store openings and expected future developments and other factors that have been considered appropriate. While the Company believes that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements, including due to changes in consumer behaviour, general economic factors, the ability of the Company to execute its strategies, the availability of capital and the risk factors which are discussed in greater detail in the "Risk Factors" section of the Company's prospectus dated January 31, 2022 and filed under the Company's profile on www.sedarplus.ca. The statements in this press release are made as of the date of this release. PesoRama undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of PesoRama, its securities, or its financial or operating results (as applicable).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278435