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PesoRama Inc. operates dollar stores in Mexico under the JOi Dollar Plus brand. Company news centers on new store openings, retail footprint expansion in high-traffic commercial areas, and operating updates tied to Mexico's value retail market. Updates also include capital-structure actions such as private placements and warrants, along with finance leadership, reporting, treasury, and governance-related changes.
PesoRama (PSSOF), which operates JOi Dollar Plus stores in Mexico, reported FY 2026 results for the year ended January 31, 2026.
Total sales rose 14% to $26.7 million, gross profit increased 15% to $9.9 million, product gross margin improved to 45.6%, and same store sales grew 5.2%.
The store network expanded by 24% with six openings, including the first Puebla location, and the company raised $21.8 million in oversubscribed equity financings to support its growth strategy.
PesoRama (OTC:PSSOF), operator of JOi Dollar Plus Stores in Mexico, reported FY 2026 results for the year ended January 31, 2026.
Total sales rose 14% to $26.7 million, gross profit grew 15% to $9.9 million, and product gross margins increased 1.2% to 45.6%. Same store sales grew 5.2% and average ticket increased 12.8%. The company opened six new stores, expanding its network by 24% to 31 locations and entering Puebla. PesoRama also raised $21.8 million in oversubscribed equity financings to support expansion and working capital.
PesoRama (PSSOF) plans to open three new JOi Dollar Plus stores in June 2026, bringing its network to 40 locations in Mexico.
New stores in Xochimilco, Valle de Bravo, and ETRAM Azteca feature 4,252–7,653 sq. ft. formats and high-traffic, high-visibility sites.
PesoRama (OTC: PSSOF) closed an over‑subscribed non‑brokered private placement issuing 28,710,003 units at $0.35 per unit for aggregate gross proceeds of $10,048,501 on April 23, 2026. Each unit includes one common share and one half warrant exercisable at $0.50 for 36 months. Proceeds are earmarked for store expansion and general corporate purposes. The company paid aggregate cash finder's fees of $409,254. Securities are subject to a statutory hold period of four months plus one day and closing remains subject to TSXV final approval.
PesoRama (OTC: PSSOF) is expanding its JOi Dollar Plus store network in Mexico, announcing the recent openings of store #35, #36, and #37 on April 22, 2026.
The company is growing its retail footprint amid sustained consumer demand for value retail in a market estimated to support 10,000 to 13,000 dollar store locations nationally.
PesoRama (TSXV: PSSOF) will open two new JOi Dollar Plus stores in May: Store #36 (5,059 sq ft) in Tecámac, State of Mexico, and Store #37 (6,027 sq ft) in Naucalpan, State of Mexico.
Both sites sit in high-traffic shopping centers near Mexico City and aim to broaden retail accessibility for Mexican consumers.
PesoRama (TSXV:PSSOF) announced the grand opening of its 35th JOi Dollar Plus store on April 11, 2026, in Parque Tepeyac, northeast of Mexico City.
The 3,640 sq ft store sits in a high-density destination with 100+ commercial establishments and will feature a live ribbon-cutting stream on JOi Instagram at 3:00 PM CDMX / 5:00 PM EST.
PesoRama (OTC: PSSOF) announced an upsized, oversubscribed non-brokered private placement increased from $7.0M to $10,010,000, consisting of up to 28,600,000 Units at $0.35 per Unit.
Each Unit includes one common share and one-half warrant; each full warrant converts at $0.50 for 36 months, with a VWAP-based acceleration trigger at $0.75. Proceeds will fund store expansion and general corporate purposes. Closing is expected on or about April 21, 2026, subject to TSXV and other approvals; securities carry a four months plus one day hold.
PesoRama (OTC: PSSOF) announced a non-brokered private placement of up to 20,000,000 units at $0.35 per unit to raise $7.0 million. Each unit includes one common share and one-half warrant exercisable at $0.50 for 36 months, with a potential acceleration at $0.75.
Proceeds are earmarked for store expansion and general corporate purposes. Closing is expected on or about April 21, 2026, subject to TSXV and other approvals. Finder fees up to 7% and a $25,000 Platform fee to Markette were disclosed.
PesoRama (TSXV: PSSOF) announced the grand openings of Store #34 in Puebla Centro (7,987 sq ft) on March 31, 2026 and Store #35 in Parque Tepeyac (3,640 sq ft) on April 4, 2026. Both locations target high-traffic commercial and residential districts to expand JOi Dollar Plus reach in Mexico.
The company will livestream the ribbon-cutting for Store #34 on JOi's Instagram on April 4 at 3:00 PM CDMX / 5:00 PM EST.