Beyond Oil Ltd. (BEOLF) reports developments tied to its food-tech product for frying operations, which is marketed to reduce health risks associated with fried food, lower operating costs, improve food quality, minimize waste and support more sustainable kitchen practices. Company updates focus on commercial adoption across foodservice, restaurant, supermarket, food retail and food distribution customers, including U.S. rollout activity and approved-vendor relationships.
Recurring news also covers financial results, revenue milestones, gross-margin trends, shareholder-approved share issuances, exchange and OTC trading references, advisory board appointments, shareholder meeting matters, and corporate governance or reporting updates related to its Canadian corporate structure.
Beyond Oil (BEOLF) has entered Romania through a distribution arrangement with GRUP GENERAL ID, which placed an initial order worth approximately US$75,600.
The order covers one container of Beyond Oil’s product. GRUP GENERAL ID will market and distribute it to Romanian hotel, restaurant and catering customers, extending Beyond Oil’s European distribution footprint. The distributor plans a phased rollout, starting with live demonstrations and pilots with its leading customers before expanding across the country.
Beyond Oil (OTCQB: BEOLF) announced that Duchess Restaurants has selected its technology as the frying standard across its restaurant chain. The Connecticut operator is proceeding with implementation following a pilot program launched in 2025 and now completed in its kitchens.
Duchess expects the rollout to improve food consistency, reduce oil consumption and waste, and lower operating costs. Beyond Oil said it continues to advance pilots and evaluations with additional restaurant chains, supermarket groups and foodservice operators in North America.
Beyond Oil (BEOLF) announced an American buffet restaurant chain intends to adopt its oil management solution as its sole source frying standard.
The unnamed chain plans to replace other filter aids with Beyond Oil in its standard operating procedures across corporate-owned and franchised restaurants. The planned adoption follows a successful pilot in five locations. The companies are developing a rollout plan for the chain's U.S. network of more than 200 locations. The first phase is expected to include 18 locations, followed by coordinated plans to bring Beyond Oil to the chain's full set of franchise partners.
Beyond Oil (BEOLF) appointed Joe Colligan as Chief Executive Officer of Beyond Oil USA, effective October 26, 2026.
Colligan will report to Beyond Oil’s Board of Directors and lead commercial expansion across North America for the wholly owned subsidiary. His remit includes enterprise sales to national quick-service restaurant chains, casual dining brands and food retail networks, alongside expanding distributor partnerships.
Colligan brings more than 30 years of commercial leadership experience, including 15 years at McCain Foods and nearly a decade at Unilever Ice Cream. Most recently, he served as Senior Vice President of Sales and Business Development, North America, at OSI Group. Michael Nemirow, President, North America, will work with Colligan through the transition before moving into an Advisor role.
Beyond Oil (BEOLF) announced a commercial rollout across 60 Eastern European franchise restaurants after the regional group completed its pilot evaluation.
The deployment follows global vendor approval from the fast-food brand’s multinational parent, disclosed October 1, 2026, and is backed by a committed initial full-container product order. Beyond Oil also signed an exclusive regional distribution agreement to support local supply, customer onboarding and ongoing deliveries. The distributor will lead expansion across eligible regional foodservice operators.
The agreement has an initial six-month term and may remain effective for up to three years and six months in total, subject to maintaining the regional rollout and meeting ongoing minimum order requirements. This is the first regional franchise rollout following global vendor approval; Beyond Oil already has more than two years of commercial sales to the brand’s Middle Eastern franchise locations.
Beyond Oil (BEOLF) received global vendor approval from an unnamed multinational restaurant parent company, enabling direct engagement with its franchise network. The group operates tens of thousands of restaurants across more than 100 countries and territories. Approval follows multi-year operational evaluation and pilot testing, building on a commercial rollout with one of the group's brands announced on May 9, 2024.
Beyond Oil is advancing discussions and onboarding processes with several large-scale regional franchise groups under the parent's brands. Initial franchise evaluations and commercial planning are underway in multiple markets, including Europe and North America.
Beyond Oil (BEOLF) received approval from two more ownership groups to expand its supermarket rollout to 41 additional U.S. stores.
This is its third expansion with ownership groups of the same supermarket brand. The first group began a rollout across 13 locations after a pilot. The second committed to 14 high-volume locations, four of which were operational when that expansion was announced. The two newly approved groups operate 41 high-volume stores, but deployment there is planned rather than complete. Beyond Oil reports operator satisfaction and measurable performance improvements from the earlier rollouts, without providing figures.
Beyond Oil (OTCQB: BEOLF) reported successful completion of an independent industrial-scale pilot of its patented filter-powder chemistry at an industrial food-production facility. The treated fryer showed approximately 93% lower Free Fatty Acids and about 52% lower Total Polar Compounds versus an untreated control, while remaining below the 24% regulatory TPC maximum throughout the trial as the control exceeded it.
Sensory panels found Beyond Oil-treated products retained day-one quality across the pilot, with clearer, more golden oil and consistent taste. The pilot also showed materially reduced secondary odors in the plant and seamless integration with existing filtration infrastructure, without custom capital equipment, extending the company’s validated technology into industrial frying.
Beyond Oil (OTCQB: BEOLF) reported Q2 2026 revenue of $1.396 million, up 28% year-over-year and 11% sequentially, with first-half 2026 revenue of $2.651 million, up 26% versus 2025. Q2 gross profit was $0.589 million and gross margin declined to 42.2% from 56.3%, reflecting inventory and channel mix during the transition to a U.S.-focused direct-sales model.
Total Q2 operating expenses rose to $3.013 million, mainly from a 63% increase in sales and marketing tied to U.S. commercial expansion. Net loss was $2.088 million (–$0.03 per share). The company ended June 30, 2026 with $4.535 million in cash and short-term deposits, positive working capital of $9.037 million, a current ratio of about 7.4x, and shareholders’ equity of $12.328 million. Recent commercial milestones include expanded rollout with a top-tier U.S. supermarket brand, initial sales to a U.S. fast-food chain and premium casual dining chain, and distribution access via Sysco Los Angeles.
Beyond Oil (OTCQB: BEOLF, TSX: BOIL) will participate in a webcast presentation at the virtual Lytham Partners 2026 Consumer & Technology Investor Summit on Tuesday, August 18, 2026, at 12:00 p.m. ET. Investors can access the live webcast and replay via the summit home page or directly at the company’s dedicated event link.
Beyond Oil is a food-tech innovation company focused on improving fried food by enhancing frying performance and oil management. According to the company, its patented technology, cleared by the FDA and Health Canada, integrates into existing kitchen workflows and targets restaurant chains, supermarkets, hotels, catering, institutions and industrial frying operations worldwide.