Press Release: Amaze Reports Third Quarter 2025 Financial Results with 1,884% Year-Over-Year Revenue Growth

Dow Jones
Nov 14

NEWPORT BEACH, Calif., Nov. 14, 2025 (GLOBE NEWSWIRE) -- Amaze Holdings, Inc. (NYSE American: AMZE) ("Amaze" or the "Company"), a global leader in creator-powered commerce, today reported financial results for the third quarter ended September 30, 2025.

Recent Operational Highlights

   -- Acquired all of the assets of The Food Channel, a prominent digital 
      platform dedicated to culinary content and inspiration, to strengthen 
      Amaze's culinary creator network. 
 
   -- Unveiled Amaze Moments, an advanced AI engine designed to help creators 
      and brands identify and act on spikes in traffic, fan engagement, and 
      cultural relevance. 
 
   -- Integrated with Dubit.io, one of the leading metaverse and gaming studios 
      behind some of the world's most engaging virtual experiences, including 
      Roblox and Fortnite, to develop and launch Amaze-connected 3D storefronts 
      across popular gaming environments. 
 
   -- Powered storefront and utilized Amaze Moments AI engine for Perez Hilton, 
      one of the first and most recognized digital influencers across YouTube, 
      X, and Instagram. 
 
   -- Launched a store for Mystic7, a prominent gaming influencer with more 
      than 3 million followers across YouTube, X, and TikTok. 
 
   -- Reduced direct and contracted labor costs by approximately $215,000 per 
      month beginning in December, driven by the expansion of the Company's AI 
      initiative across operations. 

Management Commentary

"In the third quarter, we continued to lay the groundwork for Amaze's long-term success, highlighted by our launch of Amaze Moments and recent acquisition of The Food Channel," said Aaron Day, CEO of Amaze. "Interest in Amaze Moments has been tremendous so far. Many of our creators, including the trailblazing digital influencer Perez Hilton, are already leveraging our new advanced AI engine to remain ahead of the curve and capitalize on fast-moving trends driving today's markets. Additionally, with The Food Channel now part of the Amaze platform, we've seen an incredible response from brands, product companies, media companies, and food creators alike. In the coming weeks, we will be partnering with many of today's leading culinary creators, expanding our reach beyond our already-strong presence across the entertainment, lifestyle, music, and gaming industries.

"Financially, we generated $1.25 million in net revenue this quarter, a strong 44% sequential increase despite being in our seasonally slowest period. Over the last few weeks, we've also taken material steps to streamline our business, including making enhancements to the efficiency of our technology platform, consolidating elements of our supply chain, and removing costs in other non-core areas. Looking ahead, our approach will continue to be focused on a balance of growth and profitability. As we head into peak holiday shopping season, we're expecting to see a healthy ramp in GMV and net revenue, which should substantially flow through to our bottom line."

Key Performance Indicators (KPIs)

Unless stated otherwise, the time range for the calculation of the below metrics is defined as July 1, 2025 to September 30, 2025.

   -- Gross Merchandise Value (GMV): $2.7 million 
 
          -- Definition: Item cash receipt + tax + shipping within the defined 
             time range 
 
          -- Rationale: Amaze uses this metric to track order volumes across 
             its platform, helping to see how new product launches and other 
             initiatives are performing. 
 
   -- Average Order Value (AOV): $50.20 (YTD 2025) 
 
          -- Definition: GMV/quantity of orders within the defined time range 
 
          -- Rationale: Amaze uses this metric to follow and compare macro 
             trends over time. 
 
   -- U.S. Conversion Rate: .33% of all traffic 
 
          -- Definition: Total orders/total store visits within the defined 
             time range 
 
          -- Rationale: Amaze uses this metric to monitor the success of fan 
             traffic as well as to inform the modeling of its distribution 
             verticals. 
 
   -- Creator Lifetime Value (LTV): $200.00 
 
          -- Definition: LTV estimates the total profit Amaze can expect to 
             make from a single creator over the entire duration of the 
             relationship. It is a forward-looking measure that considers all 
             potential launches and is calculated based on the average GMV for 
             the creators that signed up in a particular month. 
 
          -- Rationale: Amaze uses this metric to track the success of its 
             creators as a combined group and to identify trends within 
             verticals that inform future investments toward the Company's 
             highest performing integration partners. 
 
   -- Total Active Creators with Stores: 12.2 million 
 
          -- Definition: Total number of creators who have created an account 
             with Amaze 
 
          -- Rationale: Amaze uses this metric to compare the total number of 
             live (online) stores with total number of active stores (those 
             with at least one product launch in the past 90 days), which 
             informs micro trends in its ideal customer profile (ICP). 
 
   -- Total Number of Active Visitors: Over 350 million 
 
          -- Definition: All time number of visitors who have interacted with a 
             creator's store 
 
          -- Rationale: Amaze uses this metric for various applications, 
             including its Moments AI tool. Increased active visitors create a 
             richer data set to inform the Company's language models and 
             underscore the overall reach of the platform. 

Third Quarter 2025 Financial Results

Results compare the third quarter ended September 30, 2025 ("Q3 2025") to the third quarter ended September 30, 2024 ("Q3 2024") unless otherwise indicated. Results from Q3 2024 represent only Fresh Vine Wine, Inc. results.

   -- Total net revenue increased 1,884% to $1.25 million in Q3 2025 from $0.06 
      million in the same year-ago period. The increase in net contribution 
      revenue was mostly attributable to the addition of sales from Amaze as 
      the Company closed the acquisition during the first quarter of 2025. 
 
   -- Gross profit increased 668% to $1.17 million in Q3 2025 from $0.15 
      million in the same year-ago period. The increase in gross profit was 
      primarily due to the operating leverage of the Amaze platform, which 
      enables high-margin digital and physical sales with lower incremental 
      cost compared to traditional wholesale models. 
 
   -- Net loss was $5.15 million, or $(0.85) per share, in Q3 2025 compared to 
      net loss of $0.32 million, or $(0.45) per share, in the same year-ago 
      period. The increase in net loss was largely driven by a $4.3 million 
      increase in SG&A expenses that primarily reflect operating costs tied to 
      Amaze's creator-focused business model. These include personnel expenses, 
      legal and professional fees related to the reverse merger, and marketing 
      costs to drive platform growth. The Company also incurred several 
      one-time expenses in the third quarter related to the merged business 
      transition on June 12, 2025. 
 
   -- The Company had $0.30 million in cash at September 30, 2025, compared to 
      $0.16 million at December 31, 2024. Subsequent to quarter-end, the 
      Company raised $9.2 million in gross cash proceeds, primarily through its 
      at-the-market program and equity line of credit. 

Outlook

Amaze management expects to build on the momentum from its third quarter results, driving continued growth in both revenue and profitability. The Company anticipates net revenue to rise sequentially in the fourth quarter. Supported by these top-line gains and further operational efficiencies, Amaze expects to achieve near-profitability in Q4 2025 and GAAP profitability in Q1 2026, reflecting the seasonal strength in sales and operational improvements of the business.

Amaze's Q4 2025 and Q1 2026 financial outlook is based on a number of assumptions that are subject to change, many of which are outside our control. If actual results vary from these assumptions, our expectations may change. There can be no assurance that we will achieve these results.

For investor information, please contact IR@amaze.co

For press inquiries, please contact PR@amaze.co

Available Information

We periodically provide other information for investors on our corporate website, https://www.amaze.co, and our investor relations website, https://ir.amaze.co. This includes press releases and other information about financial performance, information on corporate governance, and details related to our annual meeting of stockholders. We intend to use our website as a means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company's press releases, SEC filings, and public conference calls and webcasts.

About Amaze

Amaze Holdings, Inc. is an end-to-end, creator-powered commerce platform offering tools for seamless product creation, advanced e-commerce solutions, and scalable managed services. By empowering anyone to "sell anything, anywhere," Amaze enables creators to tell their stories, cultivate deeper audience connections, and generate sustainable income through shoppable, authentic experiences. Discover more at www.amaze.co.

Cautionary Note Regarding Forward-Looking Statements

(MORE TO FOLLOW) Dow Jones Newswires

November 14, 2025 08:30 ET (13:30 GMT)

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