Nepra Foods Inc. Reports Q2 Fiscal 2026 Financial Results with Continued Revenue Growth
Rhea-AI Summary
Nepra Foods (OTCQB:NPRFF) reported Q2 fiscal 2026 results for the three and six months ended September 30, 2025. For the six-month period revenue was $3,741,439 CAD (≈$2.73M USD), a 49% YoY increase; Q2 revenue was $1,925,448 CAD (≈$1.41M USD), up 60% YoY. Gross profit for six months rose to $1,218,894 CAD with a 33% gross margin versus 20% prior-year; Q2 gross margin was 34% versus 23% prior-year. Cash strengthened to $118,983 CAD from $44,737 CAD at March 31, 2025, supported by $170,067 CAD in equity issuances. Management cited production and sourcing improvements as drivers of margin expansion and emphasized operational cash flow and strategic financing priorities.
Positive
- Six-month revenue +49% to $3,741,439 CAD
- Q2 revenue +60% to $1,925,448 CAD
- Gross margin improved to 33% (six months)
- Gross margin 34% in Q2 vs 23% prior-year quarter
Negative
- Net loss increased due to USD warrant fair value adjustments
- Prior-period one-time gains absent, widening current loss
News Market Reaction – NPRFF
On the day this news was published, NPRFF declined 0.76%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NPRFF fell 11.43% while peers were mixed: CELV up 31.27%, BRCNF up 4.44%, BABYF down 7.57%, others flat to slightly negative. This points to a stock-specific move.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 03 | Earnings update | Positive | -0.8% | Strong Q2 and six‑month revenue and margin expansion with higher cash balance. |
| Oct 22 | Board change | Positive | +4.4% | Appointment of experienced entrepreneur Paul Lyman to strengthen board oversight. |
| Sep 23 | New distribution deal | Positive | +7.2% | Exclusive North American distribution agreement for UMF Manuka honey products. |
| Sep 16 | Financial clarification | Positive | -3.6% | Clarified FY2025 figures showing revenue growth and reduced net losses and expenses. |
| Sep 12 | CEO letter | Positive | -12.9% | CEO highlighted revenue growth, loss reduction, cost cuts, and insider financial support. |
Across recent largely positive updates, the stock more often showed negative or muted reactions, indicating a tendency toward divergence on good news.
Over the last few months, Nepra reported strong revenue growth, margin expansion, and balance sheet improvements, including FY2025 revenue growth of 50.3% and reduced losses. Strategic steps included board restructuring and an exclusive Manuka honey distribution deal, plus adding an experienced director. Despite these positives, prior earnings and governance updates sometimes saw negative near-term price reactions, suggesting investors have reacted cautiously to fundamentally positive news.
Market Pulse Summary
This announcement highlighted strong operational momentum, with first‑half revenue up 49% and gross margins improving to 33–34%. Management emphasized production efficiencies, better sourcing, and a higher cash balance supported by CAD $170,067 in equity issuances. In context of prior earnings and strategic updates, key metrics to watch include continued margin stability, cash generation, and any further financing or governance developments.
Key Terms
md&a regulatory
gross margin financial
warrants financial
equity issuances financial
fair value adjustments financial
AI-generated analysis. Not financial advice.
VANCOUVER, BC / ACCESS Newswire / December 3, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra" or the "Company"), a vertically integrated plant-based food and specialty ingredient company focused on innovative, proprietary allergen- and gluten-free solutions, today announced its financial results for the three and six months ended September 30, 2025 (Q1 and Q2 of fiscal 2026). The unaudited condensed consolidated interim financial statements and management's discussion and analysis ("MD&A") have been filed on SEDAR+ (www.sedarplus.ca).
For the six-month period ended September 30, 2025, Nepra reported total revenue of
Gross profit for the six-month period rose to
For the three-month period ended September 30, 2025 (Q2 fiscal 2026), revenue totaled
The increased net loss for the quarter was primarily due to non-cash fair value adjustments of USD-denominated outstanding warrants and the absence of the one-time gains from debt settlement and lease forgiveness in the prior period. Cash position strengthened to
"We are encouraged by the
Nepra continues to prioritize operational cash flow generation and strategic financing to support expansion. Investors are encouraged to review the full financial statements and MD&A for detailed segment analysis, risk factors, and forward-looking information.
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: contact@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 were Nepra Foods (NPRFF) revenue figures for the six months ended Sept 30, 2025?
How did Nepra Foods' gross margin change in Q2 fiscal 2026 for NPRFF?
Why did Nepra Foods (NPRFF) record a larger net loss in Q2 fiscal 2026?
How did Nepra Foods' cash position change by Sept 30, 2025 for NPRFF?
What drove Nepra Foods' revenue growth in fiscal 2026 first half for NPRFF?
Where can investors find Nepra Foods (NPRFF) full Q2 fiscal 2026 financial statements?
