• Recorded $5.4 million in customer receipts
• Net cash used in operating activities was $0.21 million, including $0.17 million in non-recurring costs
• Successfully raised $2.53 million via a share placement

Althea Group Holdings Ltd (ASX: AGH), a leading fast-moving consumer goods (FMCG) organisation specialising in the manufacturing, sales, and distribution of THC-infused beverages, has reported its quarterly activities and cashflow report for the period ending 30 September 2025. The company recorded $5.4 million in customer receipts for the quarter, an increase of $0.9 million from the prior quarter and $1.0 million on the prior corresponding period. Net cash used in operating activities was $0.21 million, including $0.17 million in non-recurring costs. AGH successfully raised $2.53 million via a share placement, with the funds to be used to support growth initiatives, customer development, and selected capital expenditure projects. As of 30 September 2025, the company had available funding totalling $2.98 million. During the quarter, AGH's wholly owned subsidiary, Peak Processing Solutions Canada, maintained its strong position in the Canadian THC-infused beverage formulation and manufacturing market, recording cash receipts of $5.2 million. Peak USA, AGH's wholly owned U.S. subsidiary, also continued to scale its commercial manufacturing operations, completing two full production cycles and securing orders for an additional 300,000 units. The company also announced the appointment of Mr. Barry Katzman as Interim Chief Executive Officer following the resignation of Mr. Joshua Fegan as CEO and Director.

The company expects to achieve annualised reduction in overheads of $1.09 million, made up of 10-15% savings in staff costs, alongside numerous operational efficiencies and revenue opportunities from additional services. Gross revenue from proprietary products is forecast to reach an estimated $1.09 million by the end of FY26.

Peak Canada continues to lead the national cannabis beverage category with approximately 33% market share and products available in all 10 Canadian provinces. The company is strategically positioned to capture further growth through innovation, new listings, and strong customer partnerships. Peak USA is also strategically positioned to capitalise on the rapidly expanding hemp THC beverage market in the U.S.