EX-99.1

2 amss045_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

AMASS Brands Inc. Announces Preliminary Third Quarter 2026 Net Revenue of Approximately $5.3 Million, Up 30% Year-Over-Year

Third Quarter Net Revenue Exceeds Guidance by Approximately 20%

Preliminary Core Brand Net Revenue Grows approximately 67% While Preliminary Non-Alcoholic & Functional Revenue Increases More Than 5x

SANTA MARIA, Calif., October 6, 2026 — AMASS Brands Inc. (Nasdaq: AMSS), a premium, multi-category beverage platform spanning non-alcohol, functional, and alcohol 2.0 products, today announced preliminary, unaudited net revenue for the third quarter ended September 30, 2026.

Preliminary Third Quarter 2026 Financial Highlights

·

Net revenue of approximately $5.3 million, up approximately 30% from $4.1 million in the prior-year quarter

·

Net revenue exceeded the Company’s third-quarter guidance of at least $4.4 million by approximately 20%

·

Core brand net revenue of approximately $3.8 million, up 67%

·

Wine & Spirits segment net revenue of approximately $4.7 million, up 18%

·

Non-Alcoholic and Functional segment net revenue increased approximately 5.1 times the prior-year quarter, up 53% from the second quarter of 2026 to approximately $0.6 million, supported by the launch of AMASS Electrolytes.

Third Quarter 2026 Brand Highlights

·

Good Twin Retail Sales Grew 144%. Good Twin retail dollar sales grew approximately 144% year-over-year in the latest four weeks, approximately 8 times the growth rate of the U.S. non-alcoholic wine category and the fastest velocity growth among established brands in the category’s top 15.1 Sales per point of distribution rose approximately 78%, the largest gain in the top 15, and Good Twin ranks #3 in that group by sales rate per store. Dollar sales grew 123% over the latest 13 weeks and 109% over the latest 26 weeks.

·

Pizzolato Held #1 in U.S. Organic Sparkling Wine. Pizzolato remained the #1 organic sparkling wine in the U.S. across every measured period, with nearly 29% dollar share. Dollar sales grew 33% in the latest four weeks, compared with 3.6% for the organic sparkling wine category, and the brand’s 187mL minis grew between 26% and 39% across every measured period.1

·

AMASS Electrolytes Expanded to Six Key U.S. Markets. Since its May 2026 launch, AMASS Electrolytes has secured distribution with leading distributors in six key markets: Southern Glazer’s Wine & Spirits (California), Great Lakes Wine & Spirits (Michigan), Prime (Georgia), Vinejoy and Marketplace (Illinois), Manhattan Distributors (New York) and Empire Distributors (Colorado).

Management Commentary

"Our preliminary third quarter results demonstrate what we believe AMASS can become. Our strategy has always been focused on building a portfolio concentrated around categories where consumer demand is growing, where we believe we can create category leaders, and where our existing platform gives us an advantage," said Mark Thomas Lynn, Founder and Chief Executive Officer of AMASS. “During the quarter, continued execution of that strategy resulted in 30% revenue growth, Core Brand growth of 67%, and results that materially exceeded the guidance we introduced as a public company. Against a broader beverage industry backdrop of muted growth, we believe this performance speaks to the strength of the portfolio we’re building and the opportunity ahead."

"Perhaps most importantly, the growth is coming from exactly where we want it to come from. Good Twin continues to significantly outpace its category, Pizzolato remains the leading organic sparkling wine in the United States, and AMASS Electrolytes has expanded into six key markets just months after launch. We believe these results provide further evidence that our strategy is working as intended and that AMASS is becoming a more focused, higher-quality and increasingly scalable beverage platform."

Preliminary Unaudited Results

The preliminary results in this press release are based on management’s initial review of the Company’s results for the quarter ended September 30, 2026. They are unaudited, are subject to the completion of the Company’s quarter-end financial close procedures and the review of its independent registered public accounting firm, and may differ materially from the results the Company ultimately reports. The Company has not completed its review of gross profit, operating expenses, Adjusted EBITDA, or other financial measures for the quarter, and this press release does not present them. The Company expects to report full third quarter 2026 financial results after market close on or before November 16, 2026.

1 NielsenIQ retail scan data, Total U.S. xAOC + Liquor Open State + Convenience, periods ending September 5, 2026. Good Twin rankings and growth measured within the U.S. non-alcoholic wine category; Pizzolato rankings and growth measured within the U.S. organic sparkling wine category. Growth rates compare to the same period one year prior. “Estab

EX-99.1

2 amss040_ex99-1.htm

EXHIBIT 99.1

Exhibit 99.1

AMASS Brands Inc. Reports Second Quarter 2026 Results

Core Brands Grow 12% While Non-Alcoholic & Functional Revenue More Than Doubles

Portfolio Transformation Continues with New Retail Wins, Category Leadership and Functional Expansion

Introduces Initial Financial Guidance for Q3, Full-Year 2026 and Fiscal 2027

SANTA MARIA, Calif., August 17, 2026 — AMASS Brands Inc. (Nasdaq: AMSS), a premium, multi-category beverage platform spanning non-alcohol, functional, and alcohol 2.0 products, today announced financial results for the second quarter ended June 30, 2026.

Financial Highlights for the Second Quarter

·

Net revenue of $5.6 million, up 2% from the prior-year quarter

·

Non-Alcoholic and Functional segment net revenue of $0.4 million, up 132%, driven by Good Twin growth and the launch of AMASS Electrolytes

·

Core brand net revenue up 12%, representing 67% of brand-attributed net revenue compared with 62% in the prior-year quarter

·

Gross profit of $1.5 million, or 26.7% of net revenue, adjusted gross profit of $1.6 million, or 29.3%

·

Adjusted EBITDA of $(1.7) million

·

Cash and cash equivalents of $1.6 million at June 30, 2026; 11,605,081 shares of common stock and 3,856,688 common stock warrants outstanding

Second Quarter 2026 Business Highlights

·

Good Twin Became the #1 Organic Non-Alcoholic Wine Brand in the U.S. Good Twin claimed the #1 position in the U.S. organic non-alcoholic wine category by dollar share, according to Nielsen, capturing more than one-third of category dollars while growing dollar sales more than 122% year-over-year, nearly three times the growth rate of the category, underscoring the Company’s ability to build category leaders within one of the fastest-growing segments in beverage.

·

Launched AMASS Electrolyte Mixers, Entering the Functional Wellness Category. The Company launched AMASS Electrolyte Mixers, its first AMASS-branded functional beverage product designed for both standalone hydration and mixer occasions, extending the platform into the multi-billion-dollar functional wellness category.

·

Secured First U.S. Distribution Partner for AMASS Electrolyte Mixers. Great Lakes Wine & Spirits, Michigan’s leading family-owned wholesale distributor, became the brand’s first U.S. distribution partner, establishing an initial commercial footprint and the first step in the Company’s multi-market rollout of the functional beverage line.

·

Pizzolato MUSE Claimed #1 in U.S. Organic Sparkling Wine and Launched Nationwide at Whole Foods Market. Pizzolato claimed the #1 position in the U.S. organic sparkling wine category by dollar share, according to Nielsen, holding more than double the share of its nearest competitor, while beginning a nationwide rollout at Whole Foods Market on June 1, materially expanding the brand’s retail footprint.

·

Announced Planned Acquisition of a Majority Stake in HpO Sparkling Protein Water. The Company announced the planned acquisition of a majority stake in HpO, a zero-sugar sparkling protein water brand, expanding AMASS further into functional hydration at the intersection of two accelerating consumer trends: protein consumption and premium hydration. The transaction would bring the Company’s ownership to approximately 50% on a fully diluted basis, with a three-year option to acquire the remaining interest.

·

Pizzolato Non-Alcoholic Spritz Rolled Out at Eataly Nationwide. Three Pizzolato ready-to-drink non-alcoholic spritz beverages began rolling out across 12 U.S. Eataly locations, with the Pizzolato 0% Hugo featured on the menu at Eataly’s flagship restaurant concept, extending the brand into premium retail and hospitality channels as the no-alcohol aperitivo occasion gains momentum.

·

Completed Nasdaq Direct Listing. On May 20, the Company completed its direct listing, with its common stock beginning to trade on the Nasdaq Global Market under the symbol “AMSS.” The direct listing marked the Company’s debut as a publicly traded company and a defining milestone in its long-term brand and platform growth strategy.

Highlights Subsequent to Quarter End

·

Launched AMASS Electrolyte Powder Mixers. In July, the Company expanded its functional hydration platform with the launch of AMASS Electrolyte Powder Mixers, a single-serve stick-pack format available through the Company’s direct-to-consumer channel, extending the AMASS Electrolyte Mixers line into everyday, on-the-go hydration occasions.

·

Summer Water Rosé Expanded to 37 California Costco Locations. Summer Water Rosé, confirmed by Nielsen as the #1 best-selling domestic rosé in the $15–$20 price tier nationally, expanded distribution into 37 Costco locations across California. In addition, Wine Enthusiast awarded the 2025 vintage 92 points and a Best Buy designation, the brand’s sixth consecutive vintage rated 90 points or higher.

Management Commentary

"The second quarter marked an important milestone for AMASS