In just one quarter under EMERGE Commerce Ltd.’s umbrella, Tee 2 Green (T2G) has posted remarkable growth, exceeding all expectations and underscoring the power of strategic acquisitions. The company’s impressive performance highlights significant increases in revenue, net income, and gross margin.
EMERGE Provides Additional Financial Metrics (Q2 2025) for T2G’s First Quarter Post-Acquisition
Key Takeaways:
- T2G’s revenue surged by 34% year-over-year to $3.3 million in Q2 2025.
- Net income increased by 41% year-over-year to $800,000.
- T2G’s cash flow surpassed the $1.1 million acquisition cost in under 90 days.
- Growth driven by targeted digital advertising and cross-brand synergies.
- EMERGE anticipates continued growth and optimization across its portfolio.
EMERGE Reports Stellar First Quarter with Tee 2 Green
A Strategic Acquisition Bears Fruit
EMERGE Commerce Ltd., a leading Canadian e-commerce and retail portfolio company, is celebrating a significant victory following the acquisition of Tee 2 Green (T2G). In its first quarter under EMERGE’s ownership, T2G delivered exceptional financial results that not only met but exceeded management’s expectations.
Financial Highlights Signal Robust Growth
T2G’s revenue climbed to $3.3 million in Q2 2025, marking a substantial 34% increase from $2.5 million during the same period last year. The gross margin also saw an uptick, rising to 44% from 42%. Most notably, net income jumped by 41% year-over-year, reaching $800,000 compared to $567,000 previously.
These impressive figures underscore the successful integration of T2G into EMERGE’s portfolio. The acquisition came at a strategic time, just before the spring golf season, allowing EMERGE to capitalize on heightened consumer demand.
“An Excellent Q2 Overall”
Ghassan Halazon, Founder and CEO of EMERGE, expressed his enthusiasm for T2G’s performance. “T2G’s exceptional first quarter under EMERGE, alongside continued momentum across our grocery and golf portfolio, positions us for an excellent Q2 overall, exceeding management’s expectations across revenue, profitability, and cash flow,” he said. “We’re especially pleased that T2G’s cash generation has already surpassed the upfront cash purchase price in less than 90 days.”
Strategic Synergies and Marketing
The remarkable growth is attributed to EMERGE’s targeted digital advertising efforts and the unlocking of cross-brand synergies within its golf vertical. By leveraging these strategies, EMERGE has enhanced T2G’s market presence and operational efficiency.
Rapid Return on Investment
The acquisition’s financial prudence is evident in T2G’s swift return on investment. The cash flow generated in the first quarter exceeded the $1.1 million upfront payment made on April 4, 2025, to acquire T2G. This rapid payback period highlights the effectiveness of EMERGE’s acquisition strategy.
Looking Back and Ahead
In 2024, T2G reported revenues exceeding $6 million, with an Adjusted EBITDA of $1 million and net income of $700,000 (unaudited). Building on this foundation, the recent results have bolstered EMERGE’s confidence in T2G’s growth trajectory.
Management is encouraged by how quickly the digital advertising and portfolio synergies have materialized. There is a strong belief that with continued optimization, T2G will remain a significant contributor to EMERGE’s overall success.
Anticipated Financial Reporting
EMERGE expects to release its full Q2 2025 financial results in late August 2025. Stakeholders eagerly await this report, given the positive preliminary indicators from T2G’s performance.
About EMERGE
EMERGE Commerce Ltd. is a Canadian e-commerce and retail portfolio of premium brands, offering subscription, marketplace, and retail services across grocery and golf verticals. Through strategic acquisitions and marketing initiatives, EMERGE continues to expand its reach and enhance value for its members and investors.
By integrating T2G effectively and capitalizing on strategic opportunities, EMERGE has set a promising course for future growth. The company’s ability to exceed acquisition costs in under three months speaks to its robust business model and forward-thinking leadership.