Nepra Foods Issues Letter from CEO
Nepra Foods (NPRFF) CEO Billy Hogan has issued a shareholder letter highlighting significant financial improvements in fiscal year 2025. The company achieved a 50.3% increase in revenue while reducing net losses by 302%. Cost-cutting initiatives resulted in a 12.3% reduction in expenses and a 29.9% decrease in lease liabilities.
Management demonstrated commitment through personal sacrifices, with the CEO investing nearly $2 million and founders taking pay cuts. The company is restructuring its board of directors and focusing on creating additional revenue streams to support R&D projects. Under the leadership of CVO Chadwick White and Chairman Mark Retzloff, Nepra Foods is prioritizing profitability and shareholder value creation.
Nepra Foods (NPRFF) il CEO Billy Hogan ha emesso una lettera agli azionisti evidenziando significativi miglioramenti finanziari nel FY 2025. L'azienda ha ottenuto un aumento del 50,3% dei ricavi mentre ha ridotto le perdite nette del 302%. Le iniziative di contenimento dei costi hanno portato a una riduzione delle spese del 12,3% e ad una riduzione dei debiti di locazione del 29,9%.
La direzione ha dimostrato impegno con sacrifici personali, con il CEO che ha investito quasi $2 milioni e i fondatori che hanno accettato tagli salariali. L'azienda sta ristrutturando il proprio consiglio di amministrazione e concentrandosi sulla creazione di ulteriori flussi di reddito per supportare progetti di R&D. Sotto la guida del CVO Chadwick White e del Presidente Mark Retzloff, Nepra Foods dà priorità alla redditività e alla creazione di valore per gli azionisti.
Nepra Foods (NPRFF) El CEO Billy Hogan ha enviado una carta a los accionistas destacando mejoras financieras significativas en el año fiscal 2025. La compañía registró un aumento del 50,3% de los ingresos y redujo las pérdidas netas en un 302%. Las iniciativas de reducción de costos resultaron en una reducción de gastos del 12,3% y una disminución de las obligaciones de arrendamiento del 29,9%.
La dirección demostró compromiso con sacrificios personales, con el CEO invirtiendo casi $2 millones y los fundadores aceptando recortes salariales. La empresa está reestructurando su junta directiva y se centra en crear fuentes de ingresos adicionales para apoyar proyectos de I+D. Bajo la dirección del CVO Chadwick White y del Presidente Mark Retzloff, Nepra Foods prioriza la rentabilidad y la creación de valor para los accionistas.
Nepra Foods (NPRFF)의 CEO Billy Hogan은 FY 2025의 재무 개선을 강조하는 주주 서한을 발표했습니다. 회사는 매출이 50.3% 증가했고 순손실은 302% 감소했습니다. 비용 절감 조치로 지출이 12.3% 감소했고 임대부채도 29.9% 감소했습니다.
경영진은 개인적 희생으로 헌신을 보여주었으며 CEO는 거의 $2백만을 투자했고 창립자들은 급여를 줄였습니다. 회사는 이사회 개편을 진행 중이며 R&D 프로젝트를 지원하기 위해 추가 수익원을 창출하는 데 집중하고 있습니다. CVO Chadwick White와 의장 Mark Retzloff의 지휘 아래 Nepra Foods는 수익성과 주주 가치 창출을 최우선으로 하고 있습니다.
Nepra Foods (NPRFF) le PDG Billy Hogan a envoyé une lettre aux actionnaires soulignant des améliorations financières significatives au cours de l'exercice 2025. L'entreprise a enregistré une augmentation de 50,3% du chiffre d'affaires tout en réduisant les pertes nettes de 302%. Les mesures de réduction des coûts ont entraîné une diminution des dépenses de 12,3% et une diminution des passifs locatifs de 29,9%.
La direction a démontré son engagement par des sacrifices personnels, le PDG investissant près de $2 millions et les fondateurs ayant accepté des réductions de salaire. L'entreprise est en train de restructurer son conseil d'administration et se concentre sur la création de sources de revenus supplémentaires pour soutenir des projets de R&D. Sous la direction du CVO Chadwick White et du président Mark Retzloff, Nepra Foods privilégie la rentabilité et la création de valeur pour les actionnaires.
Nepra Foods (NPRFF) CEO Billy Hogan hat einen Aktionärsbrief veröffentlicht, der bedeutende finanzielle Verbesserungen im Geschäftsjahr 2025 hervorhebt. Das Unternehmen verzeichnete einen Umsatzanstieg von 50,3% und reduzierte die Nettoverluste um 302%. Kostenreduzierungsinitiativen führten zu einer Verringerung der Ausgaben um 12,3% und einer Reduzierung der Leasingverbindlichkeiten um 29,9%.
Das Management zeigte Engagement durch persönliche Opfer, wobei der CEO fast $2 Millionen investierte und die Gründer Gehaltskürzungen nahmen. Das Unternehmen reorganisiert seinen Vorstand und konzentriert sich darauf, zusätzliche Umsatzquellen zu schaffen, um F&E-Projekte zu unterstützen. Unter der Leitung von CVO Chadwick White und dem Vorsitzenden Mark Retzloff priorisiert Nepra Foods Rentabilität und die Schaffung von Aktionärswerten.
نيبرا فودز (NPRFF) الرئيس التنفيذي بيلي هوغان أصدر رسالة إلى المساهمين تبرز التحسينات المالية الكبيرة في السنة المالية 2025. الشركة حققت زيادة في الإيرادات بنسبة 50.3% ومع تقليل الخسائر الصافية بنسبة 302%. أسفرت مبادرات خفض التكاليف عن خفض النفقات بنسبة 12.3% وانخفاض التزامات الإيجار بنسبة 29.9%.
أظهر الإدارة الالتزام من خلال التضحيات الشخصية، حيث استثمر الرئيس التنفيذي ما يقرب من $2 مليون وتخلى المؤسسون عن جزء من رواتبهم. الشركة تعيد هيكلة مجلس إدارتها وتركّز على إنشاء مصادر دخل إضافية لدعم مشاريع البحث والتطوير. وتحت قيادة CVO تشادويك وايت ورئيس المجلس مارك ريتزلوف، تعطي نيبرا فودز الأولوية للربحية وخلق القيمة للمساهمين.
Nepra Foods (NPRFF) 的首席执行官 Billy Hogan 发表了致股东的信，强调2025财年的显著财务改善。公司实现了 营收增长50.3%，净亏损下降了 302%。通过削减成本，支出减少了 12.3%，租赁负债也下降了 29.9%。
管理层通过个人牺牲显示了承诺，CEO 投入近 $200万，创始人也减薪。公司正在重组董事会，专注于创造额外的收入来源以支持研发项目。在 CVO Chadwick White 和董事长 Mark Retzloff 的领导下，Nepra Foods 将盈利能力和为股东创造价值放在首位。
- Revenue increased by 50.3% in fiscal year 2025
- Net loss reduced by 302%
- Operating expenses decreased by 12.3%
- Lease liabilities reduced by 29.9%
- CEO personally invested nearly $2 million and co-signed loans
- Board restructuring in progress to add strategic expertise
- Company still operating at a loss despite improvements
- Management had to take pay cuts and forfeit back pay
- Required significant cost-cutting measures and restructuring
VANCOUVER, BC / ACCESS Newswire / September 12, 2025 / Nepra Foods
Dear Fellow Shareholders,
I would like to start this message off by first saying thank you. Your patience and continued support have been nothing short of special and the Nepra Foods team has not forgotten the importance of shareholder value.
Steve Jobs once said, "Some years you win, some years you build character." The past year, we built character, and it was pure hell. I personally did not make a penny and brought on as much free labor as I could. I invested close to
We ended our fiscal year 2025 with a
We are almost done restructuring our board of directors and look to add key members who bring an intrinsic value to various divisions of our company. We are lucky to have board members like our Chairman Mark Retzloff and board member Tim Hogan, who are active in the business activities daily. A balanced board with diverse backgrounds will provide the necessary guardrails as we navigate the path forward and pursue the opportunities created by our CVO, Chadwick White. He is the definition of a true visionary, and his steadfastness and focus on the future will always be a light we follow.
We have focused on creating additional revenue streams that support the R&D projects that take time to develop but can be much more lucrative long term. We look to take advantage of accretive opportunities in front of us and are hyper-focused on outsized risk-adjusted returns. With all we have been through, we cannot afford any more character-building years; it's time to win.
I could not be more excited to be a part of the Nepra team and where we are going. The future is bright, and every opportunity will be focused on building shareholder value. I highly encourage all of you to check out our newly released investor deck that can be found on our website, www.neprafoods.com.
Thank you for your continued patience as we continue to move forward in developing a profitable and sustainable business.
All the best,
Billy Hogan, CEO
About Nepra Foods
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 for the production of the next generation of healthy, nutritious foods. For more information on the company, visit www.neprafoods.com.
Contact: investors@neprafoods.com
Investors relations Toll-free 1-844-566-1917
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 Statements
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
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FAQ
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