MDWerks Issues Third Quarter 2025 Shareholder Update

GREEN COVE SPRINGS, Fla., Nov. 14, 2025 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTCQB: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today issued the following third quarter 2025 shareholder update from its Chief Executive Officer, Steven Laker.  

Dear Fellow Shareholders,

Today we filed our Form 10-Q with the Securities and Exchange Commission for the third quarter ended September 30, 2025.  

On a sequential basis, MDWerks’ revenue increased by 85% from $421,000 in the second quarter of 2025 to $780,000 in the third quarter of 2025, driven primarily by higher Whiskey-as-a-Service (“WaaS”) revenue at Two Trees Beverage Company (“Two Trees”) and increased product revenue at RF Specialties, LLC (“RFS”).

While MDWerks’ revenue of $1,059,000 in the third quarter of 2024 was substantial, it benefitted from $520,000 of non-recurring RFS service revenue, which skews the year-over-year comparison. Excluding this non-recurring RFS service component, the year-over-year revenue juxtaposition is positive this quarter.

Overall, we continue to make good progress positioning MDWerks for long-term sustainable growth and profitability.  

Two Trees

On a sequential basis, Two Trees’ revenue increased by 92% from $250,000 in the second quarter of 2025 to $480,000 in the third quarter of 2025, driven by three full months of white-label aging services for a new customer.

We expect step-up function growth in the quarters and years to come as Two Trees builds and deploys its Spirits Rapid Aging Systems (“SRAS”) for new customers under our WaaS business model. The Two Trees team currently is working diligently to complete the build and installation of an SRAS unit at the facilities of one of the largest distilleries in the United States by early 2026, which will drive another step up in recurring revenue.   As per a signed contract, we anticipate delivering a second SRAS unit to this customer later in 2026 and also have a contract to deploy a third SRAS unit at the facilities of a U.S. broker of bulk spirits in 2026, which will drive further increases in recurring revenue.