MINILUXE REPORTS FIRST QUARTER FINANCIAL RESULTS FOR THE 13 WEEKS ENDED MARCH 29, 2026

§ 01 Executive Snapshot

• What: MiniLuxe Holding Corp. reported its financial results for Q1 2026, showing growth despite challenges.
• Who: MiniLuxe Holding Corp., Tony Tjan (CEO and Co-founder), Flow Capital Corporation.
• Why it matters: The results indicate a strong recovery and strategic focus on growth, particularly in the nail care industry, positioning the company for future expansion.

§ 02 Key Developments

• System-wide revenue reached $6.8M, growing 8% year-over-year from $6.2M in Q1 2025.
• Net revenue grew 4% YoY to $6.4M from $6.1M in Q1 2025.
• Gross profit increased 5% YoY to $2.7M, with gross margin improving to 42% from 41% in the prior year.
• The company raised over $3.5M in private placement funding and $1.35M of debt, with an option for an additional $400k.
• The average unit volume for the top 50% of studios reached approximately $1.6M, and the top quartile studios achieved $2M.

§ 03 Strategic Context

• MiniLuxe has shown consistent improvement in its unit economic model, marking the 13th consecutive quarter of progress, indicating effective management and operational strategies.
• The company is focused on scaling through strategic acquisitions and expanding its network of operating and franchise partners, which reflects a broader trend of consolidation in the beauty and self-care industry.

§ 04 Strategic Implications

• The immediate consequence of the growth in revenue and profitability signals a strong market position for MiniLuxe, enhancing its attractiveness to potential franchise partners and investors.
• Long-term implications include the potential for significant expansion in market presence and operational efficiency as the company continues to innovate and attract top talent in the nail care sector.

§ 05 Risks & Constraints

• Potential risks include ongoing operational challenges such as seasonal revenue fluctuations and external factors like inclement weather affecting studio operations.
• Competition from other nail care brands and the necessity for ongoing investment in marketing and talent retention could strain resources and impact profitability.

§ 06 Watchlist / Forward Signals

• Key milestones to watch include the re-opening of the newly acquired studio in Lakewood, Dallas-Fort Worth in Q2 2026, and the progress of new locations in Massachusetts and Connecticut.
• The success of the recently raised capital and its utilization for growth strategy execution will be critical indicators of future performance and stability.