Nepra Foods Inc. has unveiled its audited annual financial statements for the fiscal year ending March 31, 2026. The company, which focuses on product innovation within the food and beverage sector, reported a notable 33% increase in total revenue, rising to $8,311,972 from $6,253,768 in fiscal 2025.
The revenue growth was primarily fueled by increased sales of specialty starches, proteins, and blended ingredients targeted towards commercial bakery and food manufacturing clients. The company's gross profit also saw significant gains, climbing to $2,772,019, resulting in a gross margin of 33.3%, an improvement from the previous year’s margin of 21.1%.
Nepra Foods recorded a substantial narrowing of its net loss before other items, which decreased to $206,102 from $2,304,861 in fiscal 2025. The overall net loss improved to $1,223,150 compared to $2,335,340 the prior year, indicating a positive trajectory despite ongoing operational challenges.
The fourth quarter of 2026 displayed continued momentum, with revenue contributions remaining strong and achieving a gross margin of approximately 39%. This indicates effective operational adjustments and a focus on strategic growth.
CEO Billy Hogan expressed optimism about the financial improvements, noting that the results reflect meaningful progress in solidifying Nepra's operational foundation. He highlighted that recent strategic initiatives position the company favorably for future growth as it enters fiscal 2027.
While Nepra Foods shows promise with its increasing revenue and mitigating losses, the company continues to navigate risks associated with market conditions and operational execution. Stakeholders are encouraged to keep abreast of the company's developments as it implements its vertical integration strategy aimed at enhancing its capabilities and diversifying revenue streams.
Nepra Foods Inc. reported a total revenue increase of 33%, amounting to $8,311,972 compared to $6,253,768 in fiscal 2025. The gross profit also rose to $2,772,019 with a gross margin of 33.3%, up from 21.1% in the previous year.
The company's net loss before other items was reduced significantly to $206,102 from $2,304,861 in fiscal 2025. The overall net loss improved to $1,223,150, compared to $2,335,340 the prior year.
The revenue growth was primarily driven by higher sales volumes of specialty starches, proteins, and blended ingredients targeted towards commercial bakery and food manufacturing customers.
Nepra Foods is implementing a vertical integration strategy aimed at expanding operational capabilities and diversifying revenue streams, with the goal of supporting long-term growth.
Investors can review Nepra Foods' audited annual financial statements, management's discussion and analysis, and related certifications on SEDAR+ and the Company's website at www.neprafoods.com.
Nepra Foods Inc. is listed on the Canadian Securities Exchange (CSE) under the ticker symbol NPRA, on the Frankfurt Stock Exchange (FSE) under 2P6, and on the OTCQB under NPRFF.
Nepra Foods' forward-looking statements involve known and unknown risks and uncertainties that could cause actual results to differ materially from predictions. Investors are advised not to place undue reliance on these forward-looking statements.
In Q4 2026, Nepra Foods experienced a solid revenue contribution with a reported gross margin of approximately 39%, indicating continued momentum in performance.