Welcome to our dedicated page for Healthy Extracts news (Ticker: HYEX), a resource for investors and traders seeking the latest updates and insights on Healthy Extracts stock.
Healthy Extracts Inc. (HYEX) drives innovation in plant-based nutraceuticals through patented formulations and multi-channel distribution. This dedicated news hub provides investors with verified updates on corporate developments, financial milestones, and market strategies.
Find timely reports on earnings announcements, product launches, intellectual property advancements, and strategic partnerships. Our curated collection simplifies tracking the company’s progress in heart health supplements, cognitive support products, and subscription-based wellness solutions.
Stay informed about HYEX’s operational expansions and regulatory milestones through primary-source press releases. Bookmark this page for direct access to the company’s latest developments in the $400B+ global nutraceutical market.
Healthy Extracts Inc. (OTCQB: HYEX) reported a record net revenue of $2.3 million for 2022, marking a 34% increase over the previous year, driven by product expansion and new distribution channels. Gross profit rose to $1.4 million with a gross margin of 60.9%. Operating expenses decreased 12% to $2.3 million, leading to a net loss of $983,000, down 51% year-over-year. Subscriber base grew 87% year-over-year, enhancing future revenue visibility. The company also launched several products and entered traditional retail with Natural Grocers, aligning with increasing consumer demand for plant-based health solutions.
Healthy Extracts Inc. (OTCQB: HYEX) announced the launch of its new product, Brain Activate - ENERGY Gel, a nootropic formulation for enhanced brain health and mental performance, now available on Amazon. This gel is designed to boost brain activation by 46% for up to eight hours and has no added sugars. The company aims to capitalize on Amazon's reach, anticipating strong sales and increased consumer awareness. The product is part of a broader marketing strategy, leveraging Whitney Johns as a brand influencer to attract further positive attention to Healthy Extracts' offerings.
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