Healthy Extracts Inc. (OTCQB:HYEX) announced a remarkable achievement in its second quarter of 2026, reporting a net revenue of $2.1 million, an increase of 113% compared to the same period in the previous year. This growth is attributed to the strategic merger with Gummy USA™ in October 2025 and the acquisition of Imaraïs Beauty in May 2026, which expanded the company's product offerings and distribution channels.
Alongside the record revenue, the company experienced substantial growth in gross profit, which rose by 145% to $1.5 million, translating to gross margins increasing from 61.2% to 70.3%. However, for the same quarter, Healthy Extracts reported a net loss of $129,000, a stark contrast to the net income of $67,000 recorded in Q2 2025.
The integration of Gummy USA and the acquisition of Imaraïs Beauty have proven to be pivotal for Healthy Extracts. Notably, the partnership with Imaraïs has facilitated broad distribution across major U.S. retailers such as Target and Ulta Beauty. The initial large order of nearly 4 million gummies across five SKUs signifies a robust start to this partnership, emphasizing the increased market presence of Healthy Extracts.
Despite the impressive revenue growth, the company faced increased operating expenses, which rose by 115% to $1.5 million compared to the previous year. This increase was influenced by additional staffing costs and stock-based compensation expenses related to the new acquisitions. Adjusted EBITDA reached $290,000, or $0.02 per share, representing a significant turnaround from the loss experienced in the previous year.
Looking ahead, Healthy Extracts aims to capitalize on its enhanced capabilities and market visibility, setting an ambitious target of exceeding $20 million in annualized net revenue by year-end 2026. Management highlights the potential for expansion in both the nutraceutical and beauty sectors, driven by innovations in product formulations and delivery technologies.
Healthy Extracts Inc. reported a net revenue of $2.1 million for Q2 2026, marking an increase of 113% compared to the same period in the previous year.
The strong increase in net revenue is attributed largely to the merger with Gummy USA™ in October 2025 and the acquisition of Imaraïs Beauty in May 2026, which added new product lines and expanded distribution channels.
Healthy Extracts reported a net loss of $129,000 in Q2 2026, compared to a net income of $67,000 in the same quarter of the previous year.
The adjusted EBITDA for Healthy Extracts in Q2 2026 stood at $290,000, equating to $0.02 per basic and diluted share.
Healthy Extracts recently acquired Imaraïs Beauty, a plant-based beauty brand, and formed a manufacturing partnership with Gummy USA. These activities aim to enhance product offerings and market presence.
Healthy Extracts faces material risks such as increased operating expenses and interest costs, which contributed to its net loss. Additionally, market uncertainties and potential fluctuations in consumer demand may affect future performance.
Healthy Extracts management has indicated an ambitious target of achieving annualised net revenue exceeding $20 million, which they believe is supported by current sales pipelines and manufacturing capabilities.
Healthy Extracts positions itself as a leader in the nutraceutical sector through its innovation in precision-dose gummy manufacturing and a focus on health and wellness products.