What is Healthy Choice Wellness Corp's earnings per share (EPS)?

Healthy Choice Wellness Corp (HCWC) reported diluted earnings per share of $-0.24 for fiscal year 2025. This represents a 50.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Healthy Choice Wellness Corp Financials

HCWC

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE December

This page shows Healthy Choice Wellness Corp (HCWC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HCWC FY2025 2026-05-15

Healthy Choice Wellness Corp. is edging toward self-funded operations, but overhead still absorbs nearly all product-level profit.

Between FY2024 and FY2025, cash conversion improved sharply as operating cash flow moved from -$3.1M to $996K while net income stayed negative. Because capex was only $321K, that cash improvement pushed free cash flow above zero, suggesting the business is no longer consuming cash at the same rate even though SG&A remains larger than gross profit.

The operating pattern looks more like an overhead-scaling problem than a product-margin problem: gross margin held near 39.0% in FY2024 and 39.2% in FY2025, yet operating losses persisted because selling and administrative costs kept outrunning the gross profit pool. That means additional sales have not yet created enough fixed-cost absorption to turn merchandise-level economics into company-level profitability.

The balance sheet improved structurally in FY2025 as total liabilities fell to $26.2M from $31.7M, which helped rebuild equity and reduce reliance on debt financing. But near-term liquidity is still tight because the current ratio remained below 1.0 and working capital is tied up more in inventory than receivables, so day-to-day funding discipline still matters.

Financial Health Signals

Financial Health Score 45/100

Scored as: Emerging companies peer group

Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Healthy Choice Wellness Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Cash Runway

Dilution

Revenue Progress

Burn Trend

Balance Sheet

Altman Z-Score Grey Zone

1.91

Healthy Choice Wellness Corp scores 1.91, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

Healthy Choice Wellness Corp passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Mixed

-0.25x

For every $1 of reported earnings, Healthy Choice Wellness Corp generates $-0.25 in operating cash flow ($996K OCF vs -$3.9M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk

-2.5x

Healthy Choice Wellness Corp earns $-2.5 in operating income for every $1 of interest expense (-$2.5M vs $1.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$78.2M

YoY+12.7%

Healthy Choice Wellness Corp generated $78.2M in revenue in fiscal year 2025. This represents an increase of 12.7% from the prior year.

EBITDA

-$780K

YoY-288.0%

Healthy Choice Wellness Corp's EBITDA was -$780K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 288.0% from the prior year.

Net Income

-$3.9M

YoY+12.7%

Healthy Choice Wellness Corp reported -$3.9M in net income in fiscal year 2025. This represents an increase of 12.7% from the prior year.

EPS (Diluted)

$-0.24

YoY+50.0%

Healthy Choice Wellness Corp earned $-0.24 per diluted share (EPS) in fiscal year 2025. This represents an increase of 50.0% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$675K

YoY+120.4%

Healthy Choice Wellness Corp generated $675K in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 120.4% from the prior year.

Cash & Debt

$3.0M

YoY+46.8%

Healthy Choice Wellness Corp held $3.0M in cash against $6.2M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

20M

YoY+103.7%

Healthy Choice Wellness Corp had 20M shares outstanding in fiscal year 2025. This represents an increase of 103.7% from the prior year.

Margins & Returns

Gross Margin

39.2%

YoY+0.2pp

Healthy Choice Wellness Corp's gross margin was 39.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 0.2 percentage points from the prior year.

Operating Margin

-3.2%

YoY-0.6pp

Healthy Choice Wellness Corp's operating margin was -3.2% in fiscal year 2025, reflecting core business profitability. This is down 0.6 percentage points from the prior year.

Net Margin

-5.0%

YoY+1.5pp

Healthy Choice Wellness Corp's net profit margin was -5.0% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.5 percentage points from the prior year.

Return on Equity

-53.9%

YoY+135.5pp

Healthy Choice Wellness Corp's ROE was -53.9% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 135.5 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$321K

YoY+27.3%

Healthy Choice Wellness Corp invested $321K in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 27.3% from the prior year.

HCWC Income Statement

Metric	FY25	FY24	FY23
Revenue	$78.2M+12.7%	$69.4M+24.6%	$55.7M
Cost of Revenue	$47.5M+12.4%	$42.3M+19.7%	$35.3M
Gross Profit	$30.7M+13.3%	$27.1M+33.0%	$20.3M
R&D Expenses	N/A	N/A	N/A
SG&A Expenses	$33.1M+14.1%	$29.0M+17.3%	$24.8M
Operating Income	-$2.5M-39.8%	-$1.8M+83.1%	-$10.5M
Interest Expense	$1.0M+19.4%	$849K+325.0%	$200K
Income Tax	N/A	N/A	N/A
Net Income	-$3.9M+12.7%	-$4.5M+54.6%	-$9.9M
EPS (Diluted)	$-0.24+50.0%	$-0.48	$-1.08

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$18.2M-2.5%	$18.7M-1.8%	$19.0M-5.7%	$20.2M-0.3%	$20.3M+3.1%	$19.7M+7.8%	$18.2M+16.9%	$15.6M
Cost of Revenue	$11.3M-0.7%	$11.4M-2.3%	$11.6M-3.8%	$12.1M-2.4%	$12.4M+7.5%	$11.5M+2.8%	$11.2M+15.8%	$9.7M
Gross Profit	$6.9M-5.3%	$7.3M-1.0%	$7.4M-8.7%	$8.1M+3.1%	$7.9M-3.2%	$8.1M+15.9%	$7.0M+18.7%	$5.9M
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	$8.5M	N/A	$8.0M	N/A	$8.3M	N/A	$7.6M	N/A
Operating Income	-$1.6M-13.3%	-$1.4M-134.0%	-$609K-1461.3%	-$39K+90.5%	-$410K-27.3%	-$322K+13.6%	-$372K+22.7%	-$482K
Interest Expense	$193K-6.0%	$205K-15.1%	$241K-10.3%	$269K-9.7%	$298K+28.9%	$231K-41.8%	$397K+236.3%	$118K
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	-$3.7M-121.5%	-$1.7M-35.6%	-$1.2M-260.7%	-$339K+52.4%	-$712K-29.3%	-$551K+79.3%	-$2.7M-346.3%	-$596K
EPS (Diluted)	$-0.17	N/A	$-0.09-200.0%	$-0.03+57.1%	$-0.07	N/A	$-0.29-383.3%	$-0.06

HCWC Balance Sheet

Metric	FY25	FY24	FY23
Total Assets	$33.5M-1.8%	$34.1M+20.0%	$28.4M
Current Assets	$10.0M+2.9%	$9.7M+63.3%	$5.9M
Cash & Equivalents	$3.0M+46.8%	$2.1M+46.9%	$1.4M
Inventory	$6.0M-7.1%	$6.4M+54.9%	$4.2M
Accounts Receivable	$364K-28.6%	$510K+297.7%	$128K
Goodwill	$2.2M0.0%	$2.2M	N/A
Total Liabilities	$26.2M-17.5%	$31.7M+63.2%	$19.4M
Current Liabilities	$12.7M+6.5%	$11.9M+39.2%	$8.6M
Long-Term Debt	$6.2M-32.9%	$9.2M+283.0%	$2.4M
Total Equity	$7.3M+206.9%	$2.4M-73.5%	$9.0M
Retained Earnings	-$4.7M-538.5%	-$731K	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$29.7M-11.3%	$33.5M-0.7%	$33.7M-7.3%	$36.4M+6.8%	$34.1M-0.1%	$34.1M+2.8%	$33.2M	N/A
Current Assets	$8.8M-11.8%	$10.0M-24.1%	$13.2M-9.2%	$14.5M+32.8%	$10.9M+12.5%	$9.7M+7.7%	$9.0M	N/A
Cash & Equivalents	$2.3M-22.2%	$3.0M+0.6%	$3.0M-36.0%	$4.7M+161.7%	$1.8M-12.8%	$2.1M+15.1%	$1.8M	N/A
Inventory	$5.2M-12.6%	$6.0M-0.5%	$6.0M-12.1%	$6.8M-2.8%	$7.0M+9.3%	$6.4M+0.7%	$6.4M	N/A
Accounts Receivable	$283K-22.2%	$364K-21.5%	$463K+2.3%	$453K-3.9%	$471K-7.6%	$510K+50.0%	$340K	N/A
Goodwill	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M0.0%	$2.2M	N/A
Total Liabilities	$25.0M-4.7%	$26.2M-5.8%	$27.8M-9.2%	$30.6M-4.1%	$32.0M+0.7%	$31.7M+4.9%	$30.3M	N/A
Current Liabilities	$12.9M+1.8%	$12.7M-5.5%	$13.5M+1.7%	$13.2M-0.9%	$13.4M+11.8%	$11.9M+15.5%	$10.3M	N/A
Long-Term Debt	$5.2M-16.3%	$6.2M-5.4%	$6.5M-24.7%	$8.7M-3.0%	$8.9M-2.8%	$9.2M-5.1%	$9.7M	N/A
Total Equity	$4.7M-35.1%	$7.3M+23.5%	$5.9M+2.6%	$5.8M+171.2%	$2.1M-10.7%	$2.4M-18.8%	$2.9M-67.4%	$9.0M
Retained Earnings	-$8.3M-78.8%	-$4.7M-55.2%	-$3.0M-68.7%	-$1.8M-23.5%	-$1.4M-97.5%	-$731K-305.8%	-$180K	N/A

HCWC Cash Flow Statement

Metric	FY25	FY24	FY23
Operating Cash Flow	$996K+132.5%	-$3.1M-21.4%	-$2.5M
Capital Expenditures	$321K+27.3%	$252K+40.2%	$180K
Free Cash Flow	$675K+120.4%	-$3.3M-22.6%	-$2.7M
Investing Cash Flow	-$4.1M+16.9%	-$5.0M-435.5%	-$930K
Financing Cash Flow	$4.1M-52.7%	$8.7M+203.7%	$2.9M
Dividends Paid	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$200K+76.7%	-$855K-177.0%	-$309K-128.9%	$1.1M-2.4%	$1.1M+21.5%	$899K+193.4%	-$963K-112.7%	-$453K
Capital Expenditures	$71K-0.9%	$72K+68.9%	$43K-45.6%	$78K-38.4%	$127K+20.1%	$106K+269.7%	$29K-32.9%	$43K
Free Cash Flow	-$271K+70.8%	-$927K-163.9%	-$351K-135.5%	$989K+2.4%	$965K+21.7%	$793K+180.0%	-$992K-100.1%	-$496K
Investing Cash Flow	-$185K+95.2%	-$3.9M-9010.4%	-$43K-104.8%	$888K+181.2%	-$1.1M-931.0%	-$106K+97.8%	-$4.8M-11020.0%	-$43K
Financing Cash Flow	-$286K-106.0%	$4.8M+455.9%	-$1.3M-242.0%	$942K+458.6%	-$263K+49.8%	-$524K-108.0%	$6.5M+1398.2%	$437K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HCWC Financial Ratios

Metric	FY25	FY24	FY23
Gross Margin	39.2%+0.2pp	39.0%+2.5pp	36.5%
Operating Margin	-3.2%-0.6pp	-2.6%+16.3pp	-18.9%
Net Margin	-5.0%+1.5pp	-6.5%+11.3pp	-17.8%
Return on Equity	-53.9%+135.5pp	-189.3%-78.8pp	-110.5%
Return on Assets	-11.8%+1.5pp	-13.2%+21.7pp	-34.9%
Current Ratio	0.79-0.0	0.81+0.1	0.69
Debt-to-Equity	0.85-3.0	3.87+3.6	0.27
FCF Margin	0.9%+5.6pp	-4.8%+0.1pp	-4.9%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Gross Margin	38.0%-1.1pp	39.1%+0.3pp	38.8%-1.3pp	40.1%+1.3pp	38.8%-2.5pp	41.3%+2.9pp	38.4%+0.6pp	37.8%
Operating Margin	-8.8%-1.2pp	-7.6%-4.4pp	-3.2%-3.0pp	-0.2%+1.8pp	-2.0%-0.4pp	-1.6%+0.4pp	-2.0%+1.0pp	-3.1%
Net Margin	-20.2%-11.3pp	-8.9%-2.4pp	-6.4%-4.8pp	-1.7%+1.8pp	-3.5%-0.7pp	-2.8%+11.8pp	-14.6%-10.8pp	-3.8%
Return on Equity	-77.6%-54.8pp	-22.7%-2.0pp	-20.7%-14.8pp	-5.9%+27.6pp	-33.5%-10.4pp	-23.1%+67.6pp	-90.7%-84.1pp	-6.6%
Return on Assets	-12.4%-7.4pp	-5.0%-1.3pp	-3.6%-2.7pp	-0.9%+1.2pp	-2.1%-0.5pp	-1.6%+6.4pp	-8.0%	N/A
Current Ratio	0.68-0.1	0.79-0.2	0.98-0.1	1.10+0.3	0.820.0	0.81-0.1	0.87	N/A
Debt-to-Equity	1.09+0.2	0.85-0.3	1.10-0.4	1.51-2.7	4.21+0.3	3.87+0.6	3.31	N/A
FCF Margin	-1.5%+3.5pp	-5.0%-3.1pp	-1.8%-6.7pp	4.9%+0.1pp	4.8%+0.7pp	4.0%+9.5pp	-5.4%-2.3pp	-3.2%

Note: The current ratio is below 1.0 (0.79), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.

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Frequently Asked Questions

What is Healthy Choice Wellness Corp's annual revenue?

Healthy Choice Wellness Corp (HCWC) reported $78.2M in total revenue for fiscal year 2025. This represents a 12.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Healthy Choice Wellness Corp's revenue growing?

Healthy Choice Wellness Corp (HCWC) revenue grew by 12.7% year-over-year, from $69.4M to $78.2M in fiscal year 2025.

Is Healthy Choice Wellness Corp profitable?

No, Healthy Choice Wellness Corp (HCWC) reported a net income of -$3.9M in fiscal year 2025, with a net profit margin of -5.0%.

What is Healthy Choice Wellness Corp's EBITDA?

Healthy Choice Wellness Corp (HCWC) had EBITDA of -$780K in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Healthy Choice Wellness Corp have?

As of fiscal year 2025, Healthy Choice Wellness Corp (HCWC) had $3.0M in cash and equivalents against $6.2M in long-term debt.

What is Healthy Choice Wellness Corp's gross margin?

Healthy Choice Wellness Corp (HCWC) had a gross margin of 39.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Healthy Choice Wellness Corp's operating margin?

Healthy Choice Wellness Corp (HCWC) had an operating margin of -3.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Healthy Choice Wellness Corp's net profit margin?

Healthy Choice Wellness Corp (HCWC) had a net profit margin of -5.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Healthy Choice Wellness Corp's return on equity (ROE)?

Healthy Choice Wellness Corp (HCWC) has a return on equity of -53.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Healthy Choice Wellness Corp's free cash flow?

Healthy Choice Wellness Corp (HCWC) generated $675K in free cash flow during fiscal year 2025. This represents a 120.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Healthy Choice Wellness Corp's operating cash flow?

Healthy Choice Wellness Corp (HCWC) generated $996K in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Healthy Choice Wellness Corp's total assets?

Healthy Choice Wellness Corp (HCWC) had $33.5M in total assets as of fiscal year 2025, including both current and long-term assets.

What are Healthy Choice Wellness Corp's capital expenditures?

Healthy Choice Wellness Corp (HCWC) invested $321K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Healthy Choice Wellness Corp have outstanding?

Healthy Choice Wellness Corp (HCWC) had 20M shares outstanding as of fiscal year 2025.

What is Healthy Choice Wellness Corp's current ratio?

Healthy Choice Wellness Corp (HCWC) had a current ratio of 0.79 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.

What is Healthy Choice Wellness Corp's debt-to-equity ratio?

Healthy Choice Wellness Corp (HCWC) had a debt-to-equity ratio of 0.85 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Healthy Choice Wellness Corp's return on assets (ROA)?

Healthy Choice Wellness Corp (HCWC) had a return on assets of -11.8% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Healthy Choice Wellness Corp's Altman Z-Score?

Healthy Choice Wellness Corp (HCWC) has an Altman Z-Score of 1.91, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Healthy Choice Wellness Corp's Piotroski F-Score?

Healthy Choice Wellness Corp (HCWC) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Healthy Choice Wellness Corp's earnings high quality?

Healthy Choice Wellness Corp (HCWC) has an earnings quality ratio of -0.25x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Healthy Choice Wellness Corp cover its interest payments?

Healthy Choice Wellness Corp (HCWC) has an interest coverage ratio of -2.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Healthy Choice Wellness Corp?

Healthy Choice Wellness Corp (HCWC) scores 45 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.