Welcome to our dedicated page for Delota news (Ticker: SYDRF), a resource for investors and traders seeking the latest updates and insights on Delota stock.
Delota Corp (SYDRF) is described in its public disclosures as a Canadian omni-channel specialty retailer of nicotine vape and alternative tobacco products, with operations centered on its flagship 180 Smoke Vape Store brand. The company reports that it is the largest omni-channel specialty vape retailer in Ontario and that it serves a large base of registered customers across integrated online and brick-and-mortar platforms.
This news page aggregates coverage of Delota’s corporate announcements, financial results, and operational updates. Readers can review company-issued news releases that discuss revenue trends, gross profit margins, and non-IFRS measures such as Adjusted EBITDA and System-Wide Revenue. These updates provide insight into how Delota’s vape B2C, vape B2B, and cannabis B2C segments contribute to its overall performance, as well as how franchise and licensing arrangements affect reported revenue versus System-Wide Revenue.
Delota’s news flow also includes information on store openings under the 180 Smoke Vape Store banner in Ontario, changes to its fiscal year-end, early redemption of senior secured convertible debentures, and auditor changes. In addition, the company has reported on a retail partnership in Eastern Canada through its subsidiary 180 Smoke, involving licensing of the 180 Smoke brand to 180 Global for online vape product sales in specified provinces, with 180 Global assuming operational functions in those regional markets.
Investors and followers of the healthcare and pharmaceutical retailers space can use this page to monitor Delota’s latest disclosures about its omni-channel retail strategy, customer base growth, and corporate developments. For ongoing research, this page can be revisited to see new company news releases as they are published and incorporated into the historical record.
Delota (SYDRF) reported Q3 2026 results for the three and nine months ended December 31, 2025, showing Q3 revenue of $8.4M and System-Wide Revenue of $9.96M. Gross margin narrowed to 30% in Q3 from 38% a year earlier and Adjusted EBITDA was a $389k loss. The nine-month period showed $27.1M revenue, 33% gross margin, and Adjusted EBITDA loss of $397k. The company completed a $900k early debenture redemption and entered a licensing partnership with 180 Global.
Delota (SYDRF) reported interim results for the three and six months ended September 30, 2025, filed December 2, 2025. Total revenue was $8.67M for the three months and $18.72M for six months, with System-Wide Revenue of $10.42M (3 months) and $20.97M (6 months). Gross margin was 31% for the three-month period and 34% for six months. Adjusted EBITDA was a loss of $357,801 (three months) and $6,001 (six months). Other notable items: customer base > 325,000 accounts, early redemption of convertible debentures of $900,000, change of auditor to Horizon Assurance LLP, and 32 retail locations as of February 2025.
Delota Corp (CSE: NIC) has reported strong financial results for Q1 2026 (three months ended June 30, 2025). The company achieved total revenue of $10.0 million, with a 36% gross profit margin and positive Adjusted EBITDA of $351,800, marking its ninth consecutive quarter of positive EBITDA.
The company's revenue breakdown shows B2C vape sales of $7.7 million, B2B vape sales of $1.4 million, and B2C cannabis sales of $1.0 million. Delota successfully completed the early redemption of $900,000 in senior secured convertible debentures and maintains a customer base of over 300,000 registered accounts.
Notable developments include a new retail partnership with 180 Global for Eastern Canada operations, the expansion of retail footprint to 32 locations, and a change in fiscal year-end from January 31st to March 31st.
Delota Corp. (CSE: NIC) has reported its annual audited results for the fourteen months ended March 31, 2025, showing strong financial performance. The company achieved total revenue of $46.5 million with a 38% gross profit margin and positive Adjusted EBITDA of $1.2 million.
The company's revenue breakdown includes Vape B2C ($36.4M), B2B ($6.0M), and Cannabis B2C ($4.1M). Notable achievements include expanding their customer base to over 300,000 registered accounts, early redemption of $900,000 in convertible debentures, and securing a licensing agreement for Eastern Canada expansion. The company also grew its retail footprint to 32 locations.
Delota Corp. (CSE: NIC), a Canadian omni-channel retailer of nicotine vape and alternative tobacco products, has announced a change in its auditor. The company has appointed Horizon Assurance LLP as its new auditor effective July 15, 2025, replacing Stern & Lovrics LLP who resigned at the company's request.
The new auditor appointment has been approved by Delota's audit committee and board of directors, and will remain in effect until the next annual shareholder meeting. Importantly, there were no reservations, modified opinions, or reportable events in the previous auditor's reports.
Delota Corp. (CSE: NIC) has announced a strategic retail partnership through its subsidiary 180 Smoke with 180 Global, a Quebec-based private business. The partnership involves licensing Delota's 180 Smoke brand for online vape product sales across five Eastern Canadian provinces.
Under the agreement, 180 Global will operate the brand in Quebec, New Brunswick, Nova Scotia, Newfoundland and Labrador, and Prince Edward Island. The company will pay service and royalty fees to 180 Smoke. While this restructuring may lead to reduced reported revenues and expenses, management expects the partnership to potentially improve profitability in these regional markets.