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. reports developments in science-based nutraceutical supplements, oral delivery technology, and precision-dose gummy manufacturing. The company develops, manufactures, and markets proprietary supplements for brain, heart, and gut health, with product formats that include gel packs, functional drinking straws, and gummies through its Gummy USA subsidiary.
Recurring company news includes revenue updates, direct-to-consumer and retail sales activity, Amazon subscription trends, product launches such as STAT10 and 4Sleep, and B2B manufacturing relationships for private-label and branded gummy products. Coverage also reflects the completed Gummy USA combination, which added a HACCP, GMP-certified and FDA-registered manufacturing facility to the company’s nutraceutical platform.
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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.
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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.
Healthy Extracts (OTCQB: HYEX) has launched its new product, Brain Activate - ENERGY Gel™, a nootropic gel designed for mental energy and focus. This proprietary formulation, influenced by top brand influencer Whitney Johns, promises a 46% increase in brain activation for up to eight hours, devoid of added sugars and artificial sweeteners. The product features 90 MG of caffeine and utilizes Gelteq’s patented technology for enhanced absorption. The gel is positioned to compete with major energy drinks while supporting cognitive health. Whitney Johns' brand influence is expected to drive significant consumer reach.