Healthy Extracts Inc. reported its financial results for the second quarter of 2025, revealing a revenue of $968,656, which represents an increase of 6.6% compared to $908,389 in the same period of 2024. For the first half of 2025, the company generated total revenue of $1,899,935, up from $1,597,175 in the prior year, marking a 19% increase. The gross profit for the second quarter was $592,827, compared to $486,088 in the previous year, while the net income for the quarter was $67,120, a decrease from $113,500 in Q2 2024. The company reported a net loss of $331,739 for the first half of 2025, an improvement from a loss of $747,758 in the same period last year.
The company’s total assets increased to $2,495,521 as of June 30, 2025, up from $2,377,973 at the end of 2024. This growth was primarily driven by an increase in cash and accounts receivable, which rose to $200,495 and $3,980, respectively. However, total liabilities also increased to $2,017,564, up from $1,967,596, largely due to higher accounts payable and accrued liabilities. The company’s stockholders' equity improved to $477,958, compared to $410,377 at the end of 2024, reflecting a positive shift in the company’s financial position.
Operationally, Healthy Extracts has focused on expanding its product offerings and market presence. The company has maintained its customer base through its subsidiaries, including BergaMet NA, LLC, which continues to be a significant revenue driver through e-commerce channels. The company has not reported any significant changes in customer counts or user statistics in this filing, but it continues to evaluate its inventory management practices, which have seen a reduction in inventory allowance from $781,759 at the end of 2024 to $233,115 as of June 30, 2025.
In terms of strategic developments, Healthy Extracts previously announced plans to acquire Hyperion, L.L.C. and Online Publishing & Marketing, LLC, but these acquisitions were not completed, and the agreements were terminated in April 2024. The company continues to seek funding through debt and equity financing to support its growth and product development initiatives. Management has expressed a commitment to improving cash flow and stabilizing operations, although there remains uncertainty regarding the company’s ability to continue as a going concern within the next year.
Looking ahead, Healthy Extracts anticipates continued revenue growth driven by its existing product lines and potential new product launches. The company is focused on enhancing its operational efficiency and exploring additional financing options to support its strategic objectives. However, management cautions that future results may differ materially from current expectations due to various risks and uncertainties inherent in the business environment.
About HEALTHY EXTRACTS INC.
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