Glucose Health, Inc. Reports Fiscal 2021 YTD Revenue Up 123% and New Amazon Sales Record
Rhea-AI Summary
Glucose Health, Inc. (OTC Pink: GLUC) reported strong fiscal performance for the second quarter of 2021 and year-to-date results. Fiscal 2021 year-to-date revenue reached $524,568, a 123% increase from $234,752 in 2020. The second quarter revenue was $287,103, up 89% from $151,139 the previous year. Gross profit also surged, with year-to-date gross profit at $217,794 (up 125%) and Q2 at $102,923 (up 47%). GLUCODOWN® sales hit a record $74,944 in April 2021, showcasing strong market demand.
Positive
- YTD Fiscal 2021 Revenue: $524,568, up 123% from 2020.
- Q2 Fiscal 2021 Revenue: $287,103, an 89% increase from last year.
- YTD Fiscal 2021 Gross Profit: $217,794, a 125% rise.
- Q2 Gross Profit: $102,923, representing a 47% growth.
- GLUCODOWN® sales for April 2021 reached $74,944, a 94% increase from the previous record.
Negative
- None.
News Market Reaction – GLUC
In the trading session that priced this news, GLUC gained 16.28%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BENTONVILLE, AR, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Glucose Health, Inc. (OTC Pink: GLUC) ("Company") is pleased to highlight key financial information detailed in its June 30, 2021 Quarterly Report, posted this morning at OTCMarkets.com.
- YTD Fiscal 2021 Revenue of
$524,568 vs.$234,752 for YTD Fiscal 2020 – an increase of123% - Q2 Fiscal 2021 Revenue of
$287,103 vs.$151,139 for Q2 Fiscal 2020 – an increase of89% - YTD Fiscal 2021 Gross Profit of
$217,794 vs.$96,886 for YTD Fiscal 2020 – an increase of125% - Q2 Fiscal 2021 Gross Profit of
$102,923 vs.$69,906 for YTD Fiscal 2020 – an increase of47%
GLUCODOWN® sales at Amazon for April 2021, the first month of Q2, reached a new monthly record of
Important: Additional GLUC news updatesto be released in the next two weeks.
GLUC will update shareholders regarding the reduction of its fully-diluted share count by one-third.
GLUC will update shareholders regarding the reduction of its outstanding debt and liabilities to zero.
About Glucose Health, Inc. (OTC Pink: GLUC)
With a focus on creating delicious beverages nutritionally appropriate1 for the nation's 100+ million2 pre and Type-2 diabetics, Glucose Health, Inc., the manufacturer of GLUCODOWN®, is uniquely positioned among all emerging beverage companies in America. Introduced in the third quarter of 2018, the GLUCODOWN® brand has established itself as the market leader for an entirely new category – functional, diabetic friendly, beverages. Glucose Health, Inc. is a publicly traded company with the ticker symbol OTC Pink: GLUC
To buy GLUCODOWN® visit our Amazon Store at www.amazon.com/glucodown
Like us on Facebook at www.facebook.com/glucodown
For more GLUC information, visit www.glucosehealthinc.com
1 For citations visit www.glucodown.com/clinical-data
2 National Diabetes Statistics Review, 2020; Centers for Disease Control and Prevention, Department of Health and Human Services
This news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and while Glucose Health, Inc. is not subject to the 1934 Securities and Exchange Act, contains forward-looking statements within the meaning Section 21E of the Securities and Exchange Act of 1934, as amended. Statements that are not a description of historical facts constitute forward-looking statements and may often, but not always, be identified by the use of such words as "expects," "anticipates," "intends," "estimates," "plans," "potential, "possible," "probable, "believes," "seeks," "may, "will, "should," "could" or the negative of such terms or other similar expressions. Actual results may differ materially from those set forth in this release due to the risks and uncertainties inherent in the Company's business. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and the Company undertakes no obligation to revise or update this release to reflect events or circumstances after the date hereof.
Contact:
Murray Fleming
Glucose Health, Inc.
(479) 802-3827
