MONTRÉAL, March 25, 2026 /CNW/ - Mercanto Holdings Inc. (TSXV:MUSH) ("Mercanto" or the "Company") today reported its financial results for the second quarter of fiscal 2026. The Company's unaudited consolidated financial statements for the period ended January 31, 2026, and the related management's discussion and analysis ("MD&A"), are available under the Company's profile on SEDAR+.

Q2 2026 Financial Highlights

Revenue of $2,076,820, compared to $1,003,116 in the prior-year period (+107% YoY);

Gross profit of $464,845, compared to $196,413 in the prior-year period (+137% YoY);

EBITDA of $252,233, compared to $(96,038) in the prior-year period (improvement of $348,271 to positive EBITDA);

Net income of $177,785, compared to a net loss of $(109,215) in the prior-year period (improvement of $287,000);

The Company is current on its cannabis excise tax obligations, with all amounts due paid in full and on time as of the date ...