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Healthy Extracts Inc. - HYEX STOCK NEWS

Welcome to our dedicated news page for Healthy Extracts (Ticker: HYEX), a resource for investors and traders seeking the latest updates and insights on Healthy Extracts.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Healthy Extracts's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Healthy Extracts's position in the market.

Rhea-AI Summary
Healthy Extracts Inc. (HYEX) reports a 10% increase in net revenue to $2.5 million for the year ended December 31, 2023, driven by product line and distribution channel expansion. Gross margin expands to 65.2%. Net loss totals $2.5 million, primarily due to one-time costs associated with planned acquisitions and public offerings. Direct-to-consumer subscription customers and Amazon 'Subscribe & Save' customers show significant growth, boosting subscription-based revenue. Operational highlights include product launches and positive study results. Management anticipates continued revenue growth in Q1 2024 and plans to introduce new products, including sugar blockers and gut health supplements.
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Healthy Extracts Inc. (HYEX) reports a 15% increase in Q4 2023 net revenue, with strong subscription-based revenue growth. The company expects a record full-year revenue of $2.5 million, up 10%. Gross margin is projected to exceed 70%, driving positive operating cash flow. Management anticipates continued revenue growth, plans for new product launches, and aims to list on a major U.S. stock exchange for enhanced visibility and shareholder value.
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Healthy Extracts Inc. (HYEX) has launched LONGEVITY Anti-Aging™, a new proprietary formulation designed to support skin vitality, arterial flexibility, and cellular and joint health. The product is a special blend of powerful anti-aging warriors including trans-resveratrol, quercetin, vitamin D, and vitamin K2, available for purchase on BergametNA.com. The company aims to continue its growth and market expansion with this new product, leveraging existing customer base and multiple sales and distribution channels.
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Healthy Extracts Inc. (OTCQB: HYEX, HYEXD) announces a 1-for-120 reverse stock split to meet NYSE American listing requirements. The company aims to elevate visibility, increase shareholder value, and prepare for product launches and growth through acquisitions. Net revenue increased by 25% to $2.6 million over the last year.
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Healthy Extracts Inc. (OTCQB: HYEX) reported a 23% increase in net revenue to $614,000 in Q3 2023 and a 27% increase to $1.8 million for the first nine months of 2023. Gross margin improved to 80.4% in Q3. The net loss in Q3 was $248,000, but excluding certain expenses, net income was $33,000. Subscription-based revenue grew by 26% in the first nine months of 2023. The company also launched a new product, BergametNA’s Sleep Breathing Support, with strong initial sales.
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Healthy Extracts Inc.

OTC:HYEX

HYEX Rankings

HYEX Stock Data

5.93M
1.06M
0.61%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States
Henderson