Healthy Extracts Inc. (OTCQB: HYEX) reported preliminary unaudited net revenue of $4.5 million for the year ended December 31, 2025, a 45% increase from the $3.1 million reported in 2024 and the highest figure the company has ever posted.
The jump was driven by the completion of the Gummy USA merger, which added manufacturing capacity and broadened the product line, and by strong growth in the direct‑to‑consumer and Amazon Subscribe & Save channels. Subscriptions in the direct‑to‑consumer segment grew 47% year‑over‑year, while Amazon Subscribe & Save customers increased 36%, together accounting for the bulk of the revenue lift.
Despite the top‑line momentum, the company noted ongoing margin pressures and liquidity concerns that were highlighted in prior filings. A Form 12b‑25 was filed on March 31, 2026 to delay the 10‑K for the year ended December 31, 2025, citing the need to integrate Gummy USA data. Management emphasized that cash flow and profitability will be clearer once the audited results are released.
CEO Don Swanson said the record revenue “demonstrates how our well‑tuned growth strategies continue to produce outsized results” and added that the new Gummy USA facility could reach $20 million in annual revenue capacity in 2026, signaling a significant expansion of production capability.
The company will provide full guidance for 2026 once the audited financials are available, but the preliminary data suggest a continued focus on subscription growth and capacity expansion. Investors should monitor the upcoming audited report for clarity on profitability, cash flow, and the impact of the new facility on future revenue streams.
The preliminary results are unaudited; therefore, the company’s profitability and cash‑flow metrics remain provisional until the audited statements are filed.
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