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Nepra Foods Inc. Achieves First Quarterly Net Income in Company History; Reports Financial Results for the Quarter Ending December 31, 2025, Revenue Increases 51% to $5,973,147, Gross Profit Rises to $1,855,624 (31.1% Margin), Net Income of $84,966

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Nepra Foods (OTCQB:NPRFF) reported its first quarterly net income in company history for the quarter ended December 31, 2025. Q3 revenue rose 54% to CAD 2.23M and nine-month revenue increased 51% to CAD 5.97M. Gross profit for nine months more than doubled to CAD 1.86M (31.1% margin).

Q3 net income was CAD 84,966 versus a prior-year Q3 net loss, while the nine-month period still recorded a net loss of CAD 1.04M but operating cash flow turned positive at CAD 57,156.

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Positive

  • Q3 revenue +54% to CAD 2.23M
  • Nine-month revenue +51% to CAD 5.97M
  • Gross profit doubled to CAD 1.86M (31.1% margin)
  • First quarterly net income in company history (CAD 84,966)
  • Operating cash flow turned positive at CAD 57,156
  • Operating expenses down 18% year-over-year

Negative

  • Nine-month net loss CAD 1.04M remains
  • Nine-month net loss narrowed only 22% year-over-year
  • Q3 net income is small relative to nine-month cumulative loss

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CENTENNIAL, CO / ACCESS Newswire / February 27, 2026 / Nepra Foods Inc. (CSE:NPRA)(OTCQB:NPRFF) ("Nepra" or the "Company"), a vertically integrated gluten-free and better-for-you specialty ingredient and consumer products company, today announced its financial results for the three and nine months ended December 31, 2025. All figures are in Canadian dollars unless otherwise noted.

Three-Month Highlights (Q3 vs. prior-year Q3):

Revenue increased 54% to $2,231,708 from $1,450,641 driven by higher sales and consumer product formulation development to new and existing customers.

Gross profit rose 60% to $636,730 (28.6% margin) from $397,580 (27.4% margin).

The Company recorded net income of $84,966 compared with a net loss of $559,191

Nine-Month Highlights (vs. prior-year nine months):

Revenue grew 51% to $5,973,147 from $3,962,377,

Gross profit more than doubled to $1,855,624 (31.1% margin) from $910,868 (23.0% margin).

Operating expenses decreased 18% to $2,208,875 from $2,688,194.

Net loss narrowed 22% to $1,038,304 from $1,338,344.

Cash flow from operating activities turned positive at $57,156 compared with an outflow of $988,945 a $1.04 million improvement year-over-year.

Billy Hogan, Chief Executive Officer, commented: "We delivered our strongest quarter to date with the first net income in Company history and positive operating cash flow for the nine-month period. Revenue of $5.97 million for the first nine months, up 51% year-over-year, combined with the more than doubling of gross profit. This demonstrates that our expertise in developing technical and creative formulations is enabling our commercial customers to launch innovative new allergen-free CPG products, perfectly aligned with today's healthier eating trends. While we remain focused on further strengthening our balance sheet, these results mark clear progress toward sustainable profitability."

The unaudited condensed consolidated interim financial statements and MD&A for the three and nine months ended December 31, 2025 are available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.neprafoods.com.

About Nepra Foods Inc.

Nepra Foods is a specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufacturers globally with formulations, ingredients, and technical support to produce the next generation of healthy, nutritious foods. For more information on the company, visit www.neprafoods.com.

Media Contact & Investor Contact

William Hogan, CEO
Email: investors@neprafoods.com
Investor Relations
Toll-Free: 844-566-1917

The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement

This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company's financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.

SOURCE: Nepra Foods



View the original press release on ACCESS Newswire

FAQ

What did Nepra Foods (NPRFF) report for revenue in the quarter ended December 31, 2025?

Q3 revenue was CAD 2,231,708, a 54% increase year-over-year, showing stronger sales and formulation work. According to the company, higher sales and consumer product formulation development drove the increase versus prior-year Q3.

Did Nepra Foods (NPRFF) record net income for the quarter ending December 31, 2025?

Yes, Nepra recorded net income of CAD 84,966 for the quarter, its first quarterly profit. According to the company, this result reflects improved gross margins and stronger sales in the quarter compared with the prior-year period.

What is Nepra Foods' (NPRFF) nine-month financial position through December 31, 2025?

Nine-month revenue rose 51% to CAD 5,973,147 and gross profit doubled to CAD 1,855,624 (31.1%). According to the company, operating cash flow turned positive at CAD 57,156 despite a remaining nine-month net loss of CAD 1,038,304.

How did operating expenses and cash flow change for Nepra Foods (NPRFF) through December 31, 2025?

Operating expenses decreased 18% to CAD 2,208,875, and operating cash flow improved to a positive CAD 57,156. According to the company, this represents a roughly CAD 1.04M year-over-year improvement in operating cash flow.