TSXV: PESO
| OTC: PSSOF | FSE: ZE6
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Investor News

Press Release.

PesoRama Reports 2026 Q3 Financial Results

Toronto, ON February 23, 2026

  • Total sales increased by 15.9% in the nine months ended October 31, 2025 compared to 2024 (i)
  • Product gross margins increased in the nine months ended October 31, 2025 by 1.4% to 46.1% compared to 2024
  • Same store sales increased by 5.9% in the nine months ended October 31, 2025 compared to 2024 (i)
  • Average ticket increased by 15.8% in in the nine months ended October 31, 2025 compared to 2024
  • Closed $6.8 million in oversubscribed equity financing
  • Subsequent to quarter-end, completed a $5.0 million equity financing

TORONTO, ON – December 17, 2025 – PesoRama Inc. (TSXV: PESO) (“PesoRama” or the “Company“), a Canadian company operating dollar stores in Mexico under the JOi Dollar Plus Stores brand, today announced its financial results for the three and nine months ended October 31, 2025 (“Q3 Fiscal 2026”). All financial figures are in Canadian dollars unless otherwise noted.

“As the only true dollar store company in Mexico, we continue to innovate and expand our value proposition,” said Rahim Bhaloo, Founder, CEO, and Chairman of the Board of PesoRama. “Our Q3 results demonstrate the resilience of our business model and continued demand for our offering, despite ongoing currency headwinds. Average ticket increased by 15.8% and same-store sales grew by 5.9%, supporting a 15.9% increase in total sales in the nine months ended October 31, 2025 compared to 2024. These results reflect the success of our merchandising strategy and expanded product assortment, which are driving customer loyalty as we grow our footprint in an underserved market. Subsequent to quarter-end, the completion of a $5.0 million equity financing further strengthens our balance sheet and enhances our ability to execute our growth strategy and deliver long-term value for shareholders.”

Key Highlights: Three months 2026 Q3 vs 2025 Q3

  • Total sales increased by 23.6% to $6,699,728. In local currency (MXN), sales increased by approximately 16.9% quarter-over-quarter, reflecting continued organic growth and new store openings.
  • Gross profit remained consistent at $2,563,177, compared to $2,272,159 in Q3 2025, primarily driven by the increase in sales.
  • Product gross margins increased by 0.8% from $2,456,325 or 45.3% to $3,089,314 or 46.1% due to a decrease in the per unit cost of inventory.
  • Closed $6.8 million in oversubscribed equity financing to support store expansion.
  • Subsequent to quarter-end, completed a $5.0 million equity financing to support continued store expansion and working capital.
  1. stated in local currency 

Key Achievements 2025

  • On April 26, 2025 the Company opened store #26; a 4,370 square feet location inside the “City Shops del Valle” mall in the Del Valle neighborhood.
  • On May 31, 2025 the Company opened store #27, a 5,177 square feet location inside the “Patio Martin Carrera” mall in the Martin Carrera neighborhood.
  • On July 24, 2025 the Company opened store #28, a 5,403 square feet location near the new Hospital de la Luz complex in the Agrícola Oriental neighborhood of Mexico City.
  • On November 21, 2025 the Company opened store #29, a 6,340 square feet location store in the Roma Norte neighborhood of Mexico City.
  • On December 13, 2025 the Company opened store #30, a 6,620 square feet location situated roughly one kilometer from the Zócalo, Mexico City’s main square.
  • The Company expects to open Store #31 on December 21, 2025, a 4,585 square feet location in the Parque Puebla retail district of Puebla City, representing the Company’s first store in the state of Puebla.

This earnings news release should be read in conjunction with the Company’s consolidated financial statements for the three and nine months ended October 31, 2025, which can be found on PesoRama’s issuer profile on SEDAR at www.sedarplus.ca.

About PesoRama

PesoRama Inc. is a Mexican value retailer that currently operates a chain of stores in Mexico under the brand name "JOi Dollar Plus." PesoRama's stores offer a broad range of everyday household products, seasonal goods, and pet supplies at affordable prices. The Company's mission is to become Mexico's premier dollar store chain, targeting expansion to 500+ locations across Mexico.

For more information, visit pesorama.ca.

Investor Contact

Rahim Bhaloo

Founder, CEO & Chairman rahim@rahimbhaloo.com 416-816-3291
Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward-looking statements" within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on assumptions and involve known and unknown risks, uncertainties, and other factors which may cause actual results to differ materially. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.