Business UpdateJun 10, 2026, 08:41 AM
Earth Science Tech Issues 2026 Shareholder Letter, Highlights Debt-Free Growth
AI Summary
Earth Science Tech, Inc. (ETST) released its annual shareholder letter for the fiscal year ended March 31, 2026, highlighting significant operational achievements and financial progress. The company reported over 6.9 million shares repurchased, with its Peaks Curative subsidiary exceeding $2 million in revenue in Fiscal Q4 2026. ETST emphasized its debt-free growth strategy, with key acquisitions like DOConsultation and Villas Health becoming cash flow positive, and the successful relaunch of its MOC Teledoc platform. The company also noted the sale of its first Avenvi residential property and the clearing of its FINRA Form 211.
Key Highlights
- Earth Science Tech (ETST) issued its annual shareholder letter for FY ended March 31, 2026.
- Over 6.9 million shares of common stock were repurchased since fiscal Q1 2026.
- Peaks Curative surpassed $2 million in revenue in the first week of Fiscal Q4 2026.
- The company's operating platform is cash flow positive.
- DOConsultation and Villas Health were acquired and are now cash flow positive.
- MyOnlineConsultation (MOC Teledoc) was relaunched as a prescriber network and is cash flow positive.
- The first residential property at Avenvi was built and is under contract for sale.
- FINRA cleared the Company's Form 211 in December, funded without adding debt.
Price Impact
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