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Good Purpose Investments Reports Strong Second Quarter and First Half 2026 Results
- GPIN.CN
- 8BS.F
Vancouver, British Columbia–(Newsfile Corp. – September 1, 2026) – Good Purpose Investments Inc. (CSE: GPIN) (FSE: 8BS)(“GPI“, “Good Purpose” or the “Company“) announces that it has filed its interim financial statements and related management‘s discussion and analysis (“MD&A“) for the three and six months ended June 30, 2026.
Financial and Operating Highlights
All financial figures are stated in Canadian dollars unless otherwise noted.
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Revenue of $8.5 million for the six months ended June 30, 2026, representing an increase of approximately 109% compared to $4.1 million for the same period in 2025;
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Second quarter revenue of $5.6 million, representing an increase of approximately 160% compared to $2.2 million for the same period in 2025;
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Revenue from the Company’s Bags category increased to $4.8 million for the six months ended June 30, 2026, representing an increase of approximately 996% compared to $0.4 million for the same period in 2025, reflecting strong growth within Waste2Wear’s reusable shopping bags business; and
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Gross profit increased to $1.7 million for the six months ended June 30, 2026, compared to $0.9 million for the same period in 2025, representing an increase of approximately 88%.
“The first half of 2026 was an important period for Good Purpose, with significant year-over-year revenue growth reflecting the continued momentum across our business,” said George Tsogas, Chief Executive Officer. “We are particularly pleased with the performance of Waste2Wear’s reusable shopping bags division, where strong market demand continues to drive growth. These results reinforce our confidence in the Good Purpose model and our strategy of building a portfolio of scalable, purpose-driven businesses, as we position the Company for its next phase of growth.”
The financial statements and MD&A are available under the Company’s profile on SEDAR+.
About Good Purpose Investments Inc.
Good Purpose Investments Inc. is a sustainability-focused company that acquires, develops, and scales environmentally aligned businesses operating across circular materials, sustainable manufacturing technologies, and next-generation consumer product categories. The Company aims to build a diversified portfolio of investments and internally developed businesses supported by shared infrastructure, commercial expertise, and centralized innovation capabilities. Its initial portfolio company is Waste2Wear, a wholly owned subsidiary of GPI and provider of circular textile and product solutions.
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