Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF) chief executive officer Gord Davey spoke with Proactive about the company’s strong year-end results and its strategic direction for sustained growth.
Davey highlighted that for the third consecutive year, the company delivered positive adjusted EBITDA and achieved an 8% year-over-year revenue increase, all while maintaining strong gross margins of 51%.
Davey explained that this performance reflects Delivra Health’s transformation from stabilization to expansion, saying, “Our year-end results continue to show the progress that we're making… our company is growing and sustainable.”
He outlined five pillars driving future growth: strengthening key retail accounts across North America, pursuing global expansion into new markets including Latin America and Europe, continuing product innovation, exploring mergers and acquisitions with like-minded wellness brands, and investing in marketing initiatives for long-term brand awareness.
Recent marketing programs such as “Shush Your Mind” for Dream Water and LivRelief’s chronic pain campaign have already demonstrated strong consumer engagement and brand visibility.
Davey emphasized that innovation and sustainability remain central to Delivra Health’s mission as it continues to expand its footprint in the health and wellness sector.
Proactive: Welcome back inside our Proactive newsroom. Joining me now is Gord Davey, CEO of Delivra Health Brands Inc. Let’s talk about your year-end numbers for 2025. It shows that over the last couple of years you’ve seen real progress, moving from trying to save the company to growing it. That’s a big move forward.
Gord Davey: Yeah, I think you're right. Our year-end results continue to show the progress we're making. For the third year in a row, we’re showing positive adjusted EBITDA, which shows that the company is growing and sustainable. Our revenue is up 8% year over year, even as we’ve been revamping our LivRelief infused business.
Our margins remain strong at 51%, which is important for sustainability and the ability to reinvest back into the company. These combined results set us up for a tremendous future for Delivra Health Brands.
Let’s talk about the future. How do you take what you’ve done over the last three years and move it forward?
That’s really important. We’re very focused on growth and have identified five pillars that will continue to drive us forward.
The first is traction in our key accounts across North America. We’re continuing to grow in large convenience chains like Circle K and 7-Eleven, and in drugstores such as Shoppers Drug Mart, London Drugs, and Rexall. We’re also present in every airport in North America through Paradies Lagardère, Hudson News, and WH Smith. We’re expanding our presence with large club retailers and major U.S. drugstore chains.
The second pillar is global expansion. We’ve already seen success in the Middle East, and we’re planning to expand into Latin America and Europe, where there’s demand for health and wellness products.
The third pillar is innovation. We’ll continue to bring new, innovative products to the market to ensure long-term sustainability for Delivra Health Brands.
The fourth is M&A activity. There are many opportunities out there, and we’ll look to add like-minded health and wellness brands that align with our values.
Finally, the fifth pillar is marketing and brand awareness. We’ll continue to build recognition for our brands to ensure long-term sustainability. These five pillars will continue to drive Delivra Health Brands.
On the marketing side, you launched an initiative a while back that proved successful. Getting people to know your brands seems really important moving forward.
I couldn’t agree more. Our “Shush Your Mind” program with Dream Water and our LivRelief chronic pain campaign have both been very successful, bringing significant attention to our brands.
Quotes have been lightly edited for clarity and style