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EMERGE reports “strong” Q1 2026 results with increase in revenue and gross profit

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EMERGE Commerce Ltd., an acquirer and operator of profitable e-commerce brands and technologies, announced Thursday its financial results for the three months ended March 31, 2026 as revenue and gross profit grew.

Q1 2026 Financial Highlights

For the first quarter of 2026, compared to the first quarter of 2025:

  • Q1 revenue grew to $5.9M vs. $5.0M, an increase of 17.5% YoY, marking the 8th consecutive quarter of YoY revenue growth 
  • Q1 Gross profit grew to $2.1M vs. $1.9M, an increase of 6.2% YoY
  • Q1 Adj. EBITDA improved to $122K vs. $32K, marking the 6th consecutive quarter of positive Adj. EBITDA
  • Cash position grew to $4.1M (March 31, 2026) vs. $2.7M (March 31, 2025), an increase of $1.4M YoY

Viral Loops was acquired on March 10, 2026 and contributed from the day of closing. Q2 is Viral Loops first full quarter under EMERGE ownership. Viral Loops achieved approximately $1.3M Revenue and $800K Adj. EBITDA in 2025 (unaudited).

Ghassan Halazon
Ghassan Halazon

“Our Q1 results marked another strong quarter of revenue growth and positive Adjusted EBITDA, despite being the most seasonal quarter for our golf business. During the quarter, we also completed the strategic acquisition of Viral Loops that we expect will be immediately accretive to earnings and cash flow.,” said Ghassan Halazon, Founder and CEO, EMERGE.

“Looking ahead, Q2 is expected to be the strongest quarter of the year in terms of revenue and Adj. EBITDA, with the 2026 golf season now in full swing, along with the inclusion of Viral Loops in its first full quarter under EMERGE.”

EMERGE Commerce is a disciplined acquirer and operator of profitable e-commerce brands and technologies across Direct-to Consumer and Business-to-Business segments. Its D2C portfolio spans its Grocery and Golf verticals. truLOCAL is its flagship Canadian meat and seafood subscription service. Its Golf vertical includes UnderPar (discounted golf experiences), JustGolfStuff and Tee 2 Green (discounted apparel and equipment). EMERGE B2B houses Viral Loops, its referral marketing platform.

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EMERGE photo
Mario Toneguzzi
Mario Toneguzzi
Mario Toneguzzi, based in Calgary, has more than 40 years experience as a daily newspaper writer, columnist, and editor. He worked for 35 years at the Calgary Herald covering sports, crime, politics, health, faith, city and breaking news, and business. He is the Co-Editor-in-Chief with Retail Insider in addition to working as a freelance writer and consultant in communications and media relations/training. Mario was named as a RETHINK Retail Top Retail Expert in 2024.

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