Quarterly ResultMay 14, 2026, 09:22 AM
Healthy Extracts Q1 Revenue +73% to $1.61M; Net Loss Reduced by 50%
AI Summary
Healthy Extracts Inc. reported strong financial improvements for the first quarter ended March 31, 2026. The company saw a substantial 73% increase in revenue to $1.61 million and a significant 49.7% reduction in its net loss compared to the prior year. These results reflect the impact of the Gummy USA acquisition in October 2025, which expanded its manufacturing capabilities and product offerings.
Key Highlights
- Q1 2026 revenue increased 73% to $1,610,744 compared to prior year.
- Gross profit rose 132.6% to $988,701 for the quarter.
- Net loss significantly reduced by 49.7% to $(200,590).
- Loss per share improved to $(0.01) from $(0.13) year-over-year.
- Net cash provided by operating activities increased to $105,970.
- Total liabilities decreased 12.06% to $3,337,239 from December 31, 2025.
- Derivative liabilities decreased to $69,392 from $352,411.
- Acquired Gummy USA in October 2025, expanding manufacturing capabilities.