Welcome to our dedicated page for DIAMOND ESTS WINE&SPIRIT news (Ticker: DWWEF), a resource for investors and traders seeking the latest updates and insights on DIAMOND ESTS WINE&SPIRIT stock.
Diamond Estates Wines & Spirits Inc. reports developments across a Canadian beverage alcohol business that produces wines and ciders and acts as a sales agent for international beverage brands. The company operates production facilities in Ontario and British Columbia and sells VQA wine and cider brands including 20 Bees, Creekside, D'Ont Poke the Bear, EastDell, Lakeview Cellars, Shiny Apple Cider and Backyard Vineyards.
Recurring news covers quarterly financial results, working-capital advances, credit-agreement amendments, share and deferred share unit issuances, shareholder approvals and related-party matters involving Lassonde. Updates also describe Trajectory Beverage Partners, the commercial division representing wine, spirits, beer, cider and ready-to-drink brands across Canada, as well as governance and compliance oversight initiatives.
Diamond Estates Wines & Spirits (OTCQB: DWWEF) issued an aggregate 1,881,585 deferred share units (DSUs) to certain employees on August 31, 2026 under its bonus plan. The DSUs, with a deemed price of $0.15, settle $282,237.75 of bonuses and will be paid in common shares within 90 days after an employee leaves all positions with the company.
Diamond Estates Wines & Spirits (OTC: DWWEF) reported Q1 2027 revenue of $7.0 million, down from $8.2 million a year earlier, mainly due to temporary ordering interruptions at a major Canadian liquor board and a prior-year one-time load-in, plus a planned Agency supplier exit.
Gross margin rose to 61.1% of revenue (from 55.6%), though dollar gross margin slipped to $4.3 million from $4.5 million. EBITDA increased to $1.6 million, while Adjusted EBITDA fell to $0.9 million. Net income improved to $0.6 million, up from $0.4 million.
Subsequent events include repayment of a $1.0 million unsecured advance from Lassonde and receipt of a new $750,000 advance, a signed agreement to sell De Sousa Wines Toronto for $250,000, extension of the Bank of Montreal credit facility maturity to October 30, 2026, issuance of 935,767 shares for Perigon’s final instalment, and cancellation of 200,000 options.
Diamond Estates Wines & Spirits (TSXV: DWS, OTCPK: DWWEF) entered into a Ninth Amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal, effective July 31, 2026. The amendment extends the SARCA maturity date to October 30, 2026, while interest rates remain unchanged from the prior amendment.
Diamond Estates Wines & Spirits (DWWEF) reported FY 2026 revenue of $29.9 million, up $5.4 million from FY 2025, led by a $5.9 million (+22%) sales increase in the Winery division, partly offset by a $0.5 million decline in the Agency division.
Gross margin rose to 60.1% from 52.7%, lifting gross margin dollars by $5.1 million to $18.0 million. Adjusted EBITDA increased to $3.8 million from $0.8 million, while EBITDA improved to $2.4 million. Net loss narrowed to $1.3 million from $2.5 million.
The company generated $5.5 million of cash from operating activities (versus a $1.1 million outflow) and reduced term loans by $4.6 million to $11.4 million. Q4 2026 revenue was $5.7 million, with margin and Adjusted EBITDA improving on a comparable basis, although Q4 EBITDA and net loss were impacted by non-recurring charges, including a $0.4 million impairment on assets held for sale.
Diamond Estates Wines & Spirits (OTC:DWWEF) issued deferred share units (DSUs) to non-executive directors as of June 30, 2026 under its DSU plan.
A total of 226,785 DSUs at a deemed price of $0.14 were granted, settling $31,750 of deferred directors' compensation, excluding nominees of Lassonde Industries.
Diamond Estates Wines & Spirits (OTC:DWWEF, TSXV:DWS) renewed its investor relations services agreement with Atrium Research, a Toronto-based sponsored research firm.
Atrium will provide equity research coverage, broad distribution, and two recorded management interviews for $6,000 per quarter over an initial 12-month term starting June 20, 2026, subject to TSXV approval.
Diamond Estates Wines & Spirits (DWWEF) entered an unsecured advance agreement with Lassonde for $1,000,000 on May 8, 2026. The Advance bears interest at prime + 2.25%, matures on June 30, 2026, is subordinated to secured debt, and is intended for working capital and grape purchases. The Advance is a related‑party transaction; the company relied on MI 61‑101 exemptions for valuation and minority approval.
Diamond Estates Wines & Spirits (DWWEF) entered an Eighth Amendment to its Second Amended and Restated Credit Agreement with Bank of Montreal effective March 31, 2026. Key changes: the limited recourse guarantee from Lassonde was removed after repayment of the Bulge Amount, and the facility maturity was extended to July 31, 2026.
The company said interest rates remain unchanged and plans to release audited year-end financials for March 31, 2026 in late June/early July. Diamond also issued 198,439 DSUs at a deemed $0.16 per DSU (aggregate $31,750) to non-executive directors, to be settled in common shares upon director retirement.
Diamond Estates (OTC:DWWEF) reported Q3 2026 results for the three and nine months ended December 31, 2025, with Q3 revenue of $8.2M versus $6.4M a year earlier and gross margin $4.9M (59.8%).
Adjusted EBITDA was $0.7M; EBITDA and net income fell year-over-year due to contingent consideration, share-based compensation, compliance costs, and timing of sector support payments. The company generated $3.9M cash from operations year-to-date and closed a regulatory compliance review with nominal settlement costs and $0.4M YTD professional fees.
Lassonde Industries acquired a 10.0% unsecured convertible debenture of Diamond Estates (TSXV: DWS) with maturity November 9, 2026, principal $1,304,000 for total consideration $1,330,079.78 in a privately negotiated transaction on January 19, 2026.
After the acquisition Lassonde directly holds $1,804,000 in principal amount of these debentures and the Lassonde Group holds $4,654,000 in principal amount; the Group continues to hold ~51.56% of common shares on a non-diluted basis. Conversion scenarios would raise combined ownership to ~63.07%.