Jack Nathan Medical Corp. reports Q1 results, closes Mexico operations

Jack Nathan Medical Corp. announced its unaudited interim consolidated financial results for the first quarter of fiscal 2026, covering the period through July 31, 2025, with statements prepared under International Financial Reporting Standards. The company confirmed that its Mexico operations were closed as of June 30, 2025, and are now reflected as discontinued operations. As of July 31, 2025, the company operated four MedSpa clinics in Alberta and Ontario.

The company is shifting its operations to a leaner model focused entirely on its Canadian MedSpa business following the closure of its Mexico subsidiary. Total revenues from continuing MedSpa operations for the six months ended July 31, 2025, were $412,791, representing a 14% decrease compared to the same period in 2024. Management stated confidence in reaching breakeven by year-end.