AveragePenny
9月前
$HYEX Healthy Extracts Builds Upon Record Q2 Results and Transformative Merger with Launch of New Revolutionary Hydration and Sugar Metabolism Gel-Packs
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-builds-upon-record-q2-results-and-transformative-1068668
Hydrate EZ™ delivers rapid hydration and essential electrolytes for staying refreshed, sharp and in control.
Mynus Sugar™ is clinically formulated to support healthy carbohydrate metabolism.
Both products feature exclusive oral delivery technology in a flavorful, super-convenient, 2-oz. gel pack format-no water or mixing required.
Proprietary gel manufacturing process complements company's new exclusive SureDose™ gummy manufacturing and functional drinking straw technologies.
LAS VEGAS, NV / ACCESS Newswire / September 4, 2025 / Healthy Extracts™ Inc. (OTCQB:HYEX), a platform for acquiring, developing, manufacturing and marketing science-based nutraceuticals for brain, heart, and metabolic health, has officially launch to the North American market two new breakthrough performance and wellness products featuring Gelteq's (NASDAQ:GELS) proprietary gel-based delivery system: Hydrate EZ™ and Mynus Sugar™.
Designed for today's on-the-go lifestyle, Hydrate EZ™ delivers great tasting rapid hydration and essential electrolytes in a convenient 2-oz. gel pack format with twist-off cap. The no-mix, no-mess electrolyte gel is designed to keep you hydrated, energized, and balanced without sugar or caffeine.
Whether you're working out, working in the yard, or just working, Hydrate EZ helps you stay focused, refreshed and in control.
The great tasting Mynus Sugar™ gel-pack is a clinically formulated supplement that supports healthy post-meal carbohydrate metabolism. It is designed to reduce the amount of sugar absorbed into the bloodstream after eating carbohydrates. Like with Hydrate EZ, no water or mixing is required, just easy-to-take-along soft gel-packs that you can throw in your backpack, purse or glovebox and consume on-the-go, anytime, anywhere.
Both products are the first of their kind to enter the North American nutraceutical market based on Gelteq's advanced consumable gel technology. They will be marketed and distributed by Healthy Extracts' BergametNA™, building off the subsidiary's market leadership in heart health and brain performance.
The new products are available for purchase today from Bergametna.com and from the BergametNA Amazon Store. Purchases of any heart or sleep product from BergametNA.com will receive free samples of Hydrate EZ™ and Mynus Sugar™.
Save an additional 20% when signing up for Subscribe & Save at Bergametna.com or enjoy a 10% limited-time discount promotion on Amazon.
The launch follows the company's recently reported strong financial results, with revenue up nearly 20% in the first half of the year. The launch also builds upon the recently completed transformative merger with Gummy USA that has accelerated the company's growth outlook by more than 50% and enhanced its ability to bring disruptive health and wellness solutions to market.
They are also the first products launched under the new North American distribution and fulfillment agreement signed with Australia-based Gelteq that was announced in June. The expanded partnership establishes Healthy Extracts as an operational and commercialization backbone for Gelteq's innovative products in North America.
"The addition of Hydrate EZ and Mynus Sugar to our product portfolio greatly strengthens our value proposition for our customers and stakeholders," noted Healthy Extracts CEO, Duke Pitts. "It greatly broadens our target customer demographic to nearly all age groups and opens the door to vast new retail channels."
"Gelteq's unique gel-based delivery system also enables us to innovate faster, market more effectively, and create new revenue streams," continued Pitts, "all which supports our long-term growth strategy."
Gelteq CEO, Nathan Givoni, commented: "We are excited to see our technology launched in the U.S. through Healthy Extracts' tremendous brand strength and national reach. Hydrate EZ™ and Mynus Sugar™ are just the first of many products we are planning to bring to the U.S. market in partnership with Healthy Extracts. We believe they will create a powerful foundation for long -term growth and consumer engagement."
The new product introductions demonstrate how Healthy Extracts remains focused on the highest-growth segments of the nutraceutical market. Hydrate EZ targets a hydration supplement market that is forecasted to reach $4.4?billion by 2034 in the U.S. alone, growing at a 5.0% CAGR. The demand for electrolyte supplementation follows similar growth trends.
The launch of Mynus Sugar is also supported by strong industry tailwinds, with the carb blocker supplement market projected to grow at a 8.9% CAGR to reach $2.5?billion by 2033.
The exclusive gel technology and new product lines complement Healthy Extracts' new exclusive functional drinking straw technology as featured in the recently launched Whitney Johns Gut Health Straw. They also complement the new SureDose™ gummy technology acquired through the recent merger with Gummy USA.
Watch Hydrate EZ and Mynus Sugar launch video on Healthy Extracts' YouTube channel by clicking here.
AveragePenny
11月前
$HYEX Healthy Extracts Acquires Precision-Dosed Nutraceutical Gummy Technology Innovator and Manufacturer, Gummy USA
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-acquires-precision-dosed-nutraceutical-gummy-tec-1054140
Transformative acquisition projected to generate up to an additional $7 million in annualized revenue in 2025 and further expand bottom line.
Brings HACCP, GMP-certified, and FDA-registered manufacturing in-house for the first time, with production capacity scalable to $20 million in annual revenue and potential to reach full capacity in 2026.
New white label and private label commercial customers that include premium brands and distributors.
Adds new oral delivery and proprietary manufacturing technology, with precision-dosed gummies that complement existing exclusive delivery systems of on-the-go gel packs and functional drinking straws.
LAS VEGAS, NV / ACCESS Newswire / July 29, 2025 / Healthy Extracts™ Inc. (OTCQB:HYEX), a leader in plant-based nutraceuticals targeting heart, brain, and gut health, has acquired Florida-based Gummy USA™, an advanced developer and manufacturer of precision-dosed nutraceutical gummies, in an all-stock transaction.
The strategic acquisition further builds out Healthy Extracts' vertical integration of R&D, manufacturing, marketing and distribution with a new fully in-house HACCP, GMP-certified and FDA-registered manufacturing facility.
Combined with the company's existing two exclusive delivery systems (gel-packs and functional drinking straws), the Gummy USA development and production platform unlocks a third specialized product marketing channel of precision-dosed nutraceutical gummies.
Based upon existing customer commitments and anticipated growth in order flow, the new Gummy USA unit is projected to generate up to $3.5 million in revenue in the second half of 2025, with the facility having the potential to reach its $20 million annual revenue production capacity in 2026.
Health Extracts recently reiterated guidance of $4.2 million in net revenues for 2025, up 34% year-over-year. Now combined with Gummy USA, the company sees ending the year at an overall annualized net revenue run rate exceeding $11.5 million-or nearly four times net revenue of $3.1 million in 2024.
The Gummy USA Florida manufacturing facility includes in-house R&D that is expected to further accelerate Healthy Extracts' overall product development, enhance already high margins, and substantially strengthen its IP portfolio.
The facility's new state-of-the-art manufacturing equipment was certified over the past year and is operated by highly trained production staff. Healthy Extracts has committed substantial funding to the new Gummy USA unit to support an anticipated increase in production and order fulfillment.
Representing a further strengthening of Healthy Extracts' management team and governance, Gummy USA founder, seasoned entrepreneur and manufacturing engineer, Don Swanson, has been appointed president and chairman of the board of Healthy Extracts. Duke Pitts will continue to serve as CEO and director.
Swanson is a recognized innovator in the fast-growing $13 billion global gummy supplement market, having invented and developed advanced, patent-pending white-label and private-label manufacturing solutions tailored for the health and wellness and clinical use markets.
"The transformative acquisition of Gummy USA accelerates our ability to bring clinically advanced products to market and drive strong revenue growth, as well as better position us for our planned uplist to a national exchange," stated Pitts. "We anticipate announcing major new customer wins over the coming weeks."
"As we continue to scale Healthy Extracts into a category-defining nutraceutical leader, this strategic acquisition adds more than just customers and manufacturing capacity, but more importantly, industry-leading expertise that has developed cutting-edge, proprietary production technology," added Pitts. "Don brings to us decades of experience and innovation in nutraceuticals and precision delivery systems, with this representing an exceptional value-add to our whole organization."
The acquisition also advances Healthy Extracts M&A strategy, which has included the successful acquisition BergametNA™ for heart health and Ultimate Brain Nutrients™ (UBN) for nootropic formulations-both supported by clinical research, patented formulations and proprietary manufacturing technologies.
The integration of Gummy USA's development and production capabilities will enable these two existing business units to more easily and cost-effectively develop and launch new products-such as the recently introduced Whitney Johns Gut Health Straw and Hydrate EZ and MYNUS Sugar Blocker gel-packs.
"We view this merger as representing the future of nutraceutical development and delivery," commented Swanson. "The combination and cross-pollination of our strong brands, experienced management, distribution networks, and visionary product roadmaps creates a powerful platform for rapid growth across our organizations. We see our combination also further supporting our mission of setting new standards for quality and innovation in the functional gummy industry."
"As now part of a public company with seasoned management experienced in the capital markets, we are already benefiting from more favorable access to growth capital that will enable us to more rapidly scale," added Swanson. "After an extensive search and evaluation process, we selected Healthy Extracts because of its favorable capital structure, with this supporting the ability of the combined companies to achieve a listing on a major exchange through growth and capitalization. We're very exciting about the future ahead."
You can learn more about the benefits of the acquisition in a video posted on the company's YouTube channel here.
Additional details related to the transaction are also available in a Form 8-K as filed by the company with the U.S. Security and Exchange Commission at www.sec.gov.
Don Swanson Bio
Don Swanson brings to Healthy Extracts nearly a decade of experience in pharmaceutical-grade manufacturing and gummy innovation. He has successfully designed and implemented state-of-the-art production facilities across multiple international regions where his proprietary processes have delivered unmatched manufacturing precision.
Under his visionary leadership, Gummy USA has secured multiple major customer orders while setting new industry standards for quality, regulatory compliance, and supply chain efficiency.
A recognized innovator in the nutraceutical and pharmaceutical gummy sectors, Swanson has developed extensive IP, including a patent portfolio related to the industry, and has managed global pharmaceutical enhancements for more than 500 clients.
His expertise spans automated controls, advanced fluid dynamics, and blockchain-enabled product authentication which have solved critical production inefficiencies while protecting brand integrity.
AveragePenny
11月前
$HYEX Healthy Extracts Expects Record Sales for Q2 2025, Driving Strong Positive Adj. EBITDA
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-expects-record-sales-for-q2-2025-driving-strong-1051201
Q2 2025 adjusted EBIDTA at nearly $100,000, demonstrating strong leverage in the company's marketing and distribution channel platform.
Subscription-based recurring revenue continues to drive strong positive cash flow with more than 107% increase from Amazon "Subscribe & Save" customers and 88% increase in DTC subscription customers.
Continued market and product line expansion keeping performance on track for another record second half and full year; maintaining guidance of 34% net revenue growth in 2025.
LAS VEGAS, NEVADA / ACCESS Newswire / July 22, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a leader in research-based nutraceuticals for transformational health and longevity, reported preliminary unaudited results for the second quarter ended June 30, 2025. All comparisons are to the same year-ago period unless otherwise noted.
Second quarter 2025 net revenue is expected to exceed a record $970,000, up more than 8% from the same year-ago quarter, with the expected to further build throughout the year.
Adjusted EBIDTA in the second quarter is expected to total nearly $100,000, driven by increasing strength of the company's marketing programs and multi-channel distribution network.
Amazon "Subscribe & Save" customers increased 107% and Direct-to-Consumer subscription-based customers increased 88% compared to the same year ago quarter. Subscription growth continues to expand the company's recurring revenue stream and customer lifetime value, while enhancing customer communications and retention.
"We have now achieved record-setting revenue for three consecutive quarters as our growth strategies continue to bear fruit," commented Healthy Extracts president, Duke Pitts. "These results once again demonstrate our strengthening performance across our direct-to-consumer and retail channels for both our traditional and new product offerings."
"We also maintained our top three Amazon ranking in our category, with this due to our well-tuned marketing strategies," continued Pitts. "These strategies are supported by unique formulations and range of delivery systems that our customers find exceptionally beneficial for their heart and brain health-and now also for their sleep and gut health."
As the result of years of research and development, Healthy Extracts recently launched three new product formulations representing new product categories that include sleep and gut health. The company has been able to successfully cross-promote these products across multiple sales channels. The new products position the company for substantial revenue growth and profitability over the coming quarters.
"We plan to drive future growth by launching additional products and new categories in the current third quarter," noted Pitts. "This includes a new oral delivery system based on exclusive IP provided by Gelteq (NASDAQ:GELS), with whom we also recently established an exclusive logistics and distribution agreement for North America."
Healthy Extracts' heart heath unit, Bergamet NA, recently introduced two new products, with the company's major brand ambassador, Whitney Johns, also launching several-all which premiered during this summer's Amazon Prime Day:
Revolutionary heart health formulation, STAT10: Targets an unmet need of more than 40 million statin users in the U.S. featuring CoQ10, Berberine and Citrus Bergamot SuperFruit™.
Science-based healthy sleep formulation, 4Sleep: Natural sleep supplement specially designed to support deeper, more restorative rest.
Whitney Johns Gut Health Straw: Exclusive technology that delivers up to 4 grams of prebiotic fiber and 60B CFUs of probiotic. This new oral delivery technology will be featured in other new products to be launched in 2025.
The new Healthy Extracts products based on a second exclusive delivery system from GelTeq include:
MYNUS: Unique sugar blocker formulation designed to reduce up to 42% of the sugar impact from meals. MYNUS on-the-go gel-packs will be offered under the company's exclusive U.S. and Canadian licensing and manufacturing agreement with Gelteq.
Hydrate EZ: Convenient on-the-go gel pack specially formulated to provide hydration, focus, recovery, and sleep benefits without the need for mixing.
"We believe our product innovation and well-tuned systems for customer engagement and retention has continued to differentiate our brands from the competition," said Pitts. "Given the strong leverage we have created in our business model, we see these new products each generating on their own millions in additional annual revenues and at our traditional high gross margins."
"Our solid cash flow and favorable capitalization structure also enables us to pursue opportunistic M&A opportunities, particularly those that provide exclusive IP that would differentiate us from our industry peers. Overall, we believe we remain well positioned for another year of record growth in revenues, cash flow and shareholder value."
Pitts discussed the company's M&A activity, which currently include multiple target candidates, in a video interview recently posted to the company's YouTube channel here.
2025 Outlook
Based upon the strong revenue performance in the first half of 2025 and better forward visibility, the company recently increased its outlook for total net revenue for the full year of 2025 to more than $4.2 million, representing growth of more than 34% over 2024.
New product launches across new categories and formats which are scheduled for the year are expected to drive this growth with greater profitability (excluding non-cash-based expenses).
The new products are expected to benefit from the broad market channels the company has strategically developed and invested in over the last several years. The company plans to drive future growth by reinvesting its profits into new product development and channel expansion.
The preliminary unaudited results presented in this press release are estimates only and are subject to revision until the company officially reports its quarterly results in August.
AveragePenny
11月前
$HYEX Healthy Extracts Taps Amazon Prime Day Shopping Surge with Launch of Five Revolutionary Nutraceutical Products Across High-Growth Categories
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-taps-amazon-prime-day-shopping-surge-with-launch-1046663
Amazon's 77%+ market share dominance of the online nutritional supplement market expected to drive exponential sales for multi-million-dollar Amazon seller, Healthy Extracts.
New products expand reach across high-growth heart, gut and hormone health market segments.
Launch includes science-based STAT10™ that supports the essential nutrient needs of the nation's 40 million statin users like no other product on the market today.
LAS VEGAS, NV / ACCESS Newswire / July 8, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a leader in research-based nutraceuticals for transformational health and longevity, will roll out five new products on Amazon for Prime Day, beginning July 8 and running through July 11.
The Amazon debut of these new science-based products further broadens the company's national market reach across the heart health, sleep, gut wellness, and women's hormone support segments-all fast-growth areas of the nutraceutical market.
"With our Amazon "Subscribe & Save" customer growth up more than 80% over the past year, we expect these new products to leverage our existing Amazon customer base, as well as attract new subscribers," said Healthy Extracts president, Duke Pitts. "Combined with the shopping surge typical of Amazon Prime Days, we expect to see a great expansion of our recurring revenue stream from Amazon subscriptions and this to build upon an already multi-million-dollar revenue base."
Healthy Extracts' new Amazon offerings include two introduced by its BergametNA™ heart health division, with three being rolled out by its major influencer brand, Whitney Johns Nutrition.
BergametNA Launches STAT10™ and 4Sleep™
Initially introduced last month for direct-to-consumer, STAT10 is a revolutionary CoQ10 and nutrient support formulation clinically designed specifically for the more than 40 million Americans who have been prescribed a statin to lower their cholesterol.
As a unique combination of CoQ10, Omega-3s, Berberine, and Bergamot BPF Gold®, STAT10 supports the vital nutrients typically depleted by statins and which can result in common side effects such as muscle pain and fatigue.
4Sleep is BergametNA's new natural sleep supplement specially designed to support deeper, more restorative rest. Infused with calming botanicals and clinically researched nutrients, 4Sleep complements BergametNA's expanding line of science-backed heart and metabolic health supplements.
"The launch of these amazing new products on Amazon for Prime Day furthers our mission to provide holistic, clinically formulated solutions that help people live younger, longer and happier," explained Pitts. "Both STAT10 and 4Sleep extend BergametNA's reach beyond heart health where it has become a top three amazon category leader, and into important adjacent markets of sleep health and pharmaceutical support."
Whitney Johns Nutrition Unveils Three New Revolutionary Products
Fitness influencer and entrepreneur, Whitney Johns, is expanding her clinically-supported wellness line with the launch of these three powerful new additions to her Amazon store:
GutHealth Straw - Featuring Whitney's exclusive straw delivery system, this portable and innovative product delivers up to 4 grams of prebiotic fiber plus probiotics in a fun-to-use, lemon-flavored drinking straw. Unlike any product on the market today, it is a game-changer for gut wellness on-the-go.
Women's Citrus Bergamot- Targeted formulation to support cardiovascular and metabolic health in women using the same exclusive Citrus Bergamot SuperFruit™ featured across BergametNA's product line.
Hormone Support - Supplement specially formulated to balance hormones, improve energy levels, mood and metabolism, and support weight management.
All of these products complement Whitney's popular Brain Activate™ and Activate™ products. Brain Activate is specially formulated to increase brain focus for up to eight hours, with Activate clinically proven to increase nitric oxide by up to 73%, supporting greater energy, cognition, and overall performance.
"My new products fill critical gaps in daily wellness routines with innovative delivery and trusted ingredients," noted Whitney. "Representing a new phase in our partnership with Healthy Extracts, this Amazon launch will include outreach to my more than 1 million+ health-conscious followers across Facebook, Instagram, TikTok, YouTube and Twitter."
Amazon Prime Day Debut
The company has already experienced a surge in its "Subscribe & Save" customers over recent weeks, and it continues to rank among Amazon top sellers across the heart health and brain health categories.
This ranking is especially valuable to Healthy Extracts given how Amazon accounts for approximately 77% of all online sales of dietary supplements, according to the National Library of Medicine.
"We are strategically launching these products during Amazon Prime Day to maximize visibility and buyer momentum on this top e-commerce platform," added Pitts. "We enjoy an enviable position of being an Amazon top-seller, and we see this rollout opening the door to large health categories we haven't previously addressed. We expect this major summer sales event to further accelerate our growth in sales and expand our reach to both new and existing customers."
AveragePenny
12月前
$HYEX Healthy Extracts Launches STAT10(TM), Breakthrough CoQ10 and Nutrient Support Formulation for America's 40 Million Statin Users
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-launches-stat10tm-breakthrough-coq10-and-nutrien-1042326
New product dramatically expands Healthy Extracts' addressable market beyond general heart health to supporting the unmet needs of millions of existing statin users.
Clinically formulated to support nutrients inhibited by statins, addressing common side effects of muscle and joint pain, weakness and tiredness.
Ingredients shown in clinical research to support heart health and the vital nutrients inhibited by statins.
LAS VEGAS, NV / ACCESS Newswire / June 24, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a leader in nutraceutical formulations and technological innovations, has launched STAT10™, a breakthrough Coenzyme Q10 (CoQ10) formulation specifically designed to support the vital nutrients inhibited by statins and thereby alleviate the common side effects of muscle and joint pain, weakness and tiredness.
"If you take a statin, our new STAT10 is a must-have addition to your daily health regime," stated Duke Pitts, president of Healthy Extracts. "STAT10 is clinically formulated to address the long unmet nutritional needs of millions of Americans who have been prescribed a statin to lower their cholesterol.
"This proprietary formulation of nutrients/ingredients is unlike any other product on the market today-it can be a life-changer for millions across the country and around the world."
The U.S. Centers for Disease Control and Prevention (CDC) reports that more than 86 million adults in the U.S. have cholesterol levels that put them at risk for heart disease.Statins have become the most prescribed medication in the country for addressing this risk, with now more than 40 million Americans taking them daily, according to Stanford Medicine.
"After many years of research and development, our official commercial launch of STAT10 marks a significant expansion into a major new market segment for Healthy Extracts," noted Pitts. "Given the vast number of statin users, combined with the deep inroads our other heart health products have made with the medical community and direct consumers, we see STAT10 driving exponential growth for Healthy Extracts."
Statins are highly effective in managing high cholesterol, resulting in them becoming the cornerstone for heart health management for millions of Americans. They are known to block an enzyme in the liver that is responsible for producing cholesterol and can help the liver remove cholesterol from the bloodstream.
But statin's mechanism-of-action also blocks or depletes essential nutrients that are critical for overall health and well-being. This includes CoQ10, a substance vital for cellular energy production and antioxidant protection.
Multiple clinical studies have demonstrated that CoQ10 plays a central role in mitochondrial oxidative phosphorylation, with several highlighting the beneficial effects of CoQ10 supplementation for cardiovascular health. The depletion of CoQ10 and other nutrients can lead to serious side effects, such as muscle pain, fatigue, and liver enzyme elevations.
STAT10 was created to effectively address these challenges and provide comprehensive nutritional support for statin users. The proprietary formulation includes these six specialized ingredients:
Unbiquinone
Omega-3s
Berberine
Bergamot BPF Gold®
Resveratrol
Vitamin C
This unique combination of ingredients is especially designed to be effective in supporting heart health. STAT10 synergizes with statins in a singular formulation at about the same price as many products which contain CoQ10 alone. It helps statin users live life to the fullest at just $69.95 for a month's supply.
The ingredients in STAT10 are highly recommended by Dr. Joel Kahn, a triple board-certified Interventional Cardiologist. Widely acclaimed as ‘America's Healthy Heart Doc,' he has appeared on Dr. Phil, Dr. Oz, Larry King Now, and The Joe Rogan Experience. He also hosts a popular video seminar, Dr. Talks, that helps people achieve their own best heart health.
"At my clinic, I encourage my patients to take these ingredients in order to naturally support the heart health nutrients that statins inhibit," explained Dr. Kahn. "The nutrients in STAT10, when taken in combination with statins, provide important synergistic benefits in just three tablets that are easy to take every day."
For the market roll out of STAT10, Healthy Extracts is using multiple platforms for educating and engaging existing and new customers, including direct-to-consumer, social media, and affiliate partnerships. The company also offers white-label options for doctors and healthcare providers who want to offer STAT10 to their statin patients.
"We expect our launch of this new product to benefit from our well-developed and diverse marketing channel which we have strategically invested in and built over many years," said Pitts. "This includes Amazon, where we have enjoyed great success and positive reviews with our other products."
The company recently reported record sales on Amazon and the achievement of a top three category ranking. Its Amazon "Subscribe & Save" customers have increased more than 81% over the past year.
STAT10 is vegan friendly, non-GMO, gluten-free with natural ingredients, and manufactured in the U.S. It is available today for purchase on trystat10.com and through affiliated healthcare providers.
To learn more about STAT10 and Healthy Extracts' other products, visit trystat10.com, bergametna.com and tryubn.com.
AveragePenny
1年前
$HYEX $GELS Gelteq Expands U.S. Operations with Healthy Extracts Inc. as North American Fulfillment Partner
https://www.globenewswire.com/news-release/2025/06/10/3096520/0/en/Gelteq-Expands-U-S-Operations-with-Healthy-Extracts-Inc-as-North-American-Fulfillment-Partner.html
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) -- Gelteq Limited (NASDAQ: GELS) (“Gelteq” or the “Company”), a clinical and science-based company focused on developing and commercializing white label gel-based delivery solutions for prescription drugs, nutraceuticals, pet care, sports and other products, today announced a major expansion of its U.S. commercial strategy through an exclusive logistics and distribution agreement with Healthy Extracts Inc. (“Healthy Extracts”)(OTCQB: HYEX), a publicly traded company focused on plant-based health supplements.
The agreement names Healthy Extracts as Gelteq’s exclusive North American storage, shipping, and fulfillment partner, further building on the earlier purchase order placed by Healthy Extracts for Gelteq products. By partnering with Healthy Extracts, Gelteq expects to rapidly scale distribution of its proprietary delivery technologies across the United States and Canada while significantly reducing costs and boosting revenue potential.
“This fulfillment partnership with Healthy Extracts creates a powerful springboard for our North American expansion,” said Nathan Givoni, CEO of Gelteq. “We believe Healthy Extracts’ infrastructure and capabilities will allow us to execute with greater speed, precision, and efficiency - getting our products into more hands, faster.”
Under the new agreement, Healthy Extracts will manage all product receiving, secure warehousing, inventory, and order fulfillment from its Henderson, Nevada facility, which is optimized for high-volume distribution.
“Duke” Pitts, President of Healthy Extracts, commented: “By serving as Gelteq’s operational backbone in the U.S. and Canada, we expect to enhance margin efficiencies, drive faster delivery, and open new doors for long-term revenue growth. We believe this is a scalable, profitable model for both companies and our shareholders.”
Highlights of the Agreement:
Exclusive Fulfillment & Logistics Partnership – Healthy Extracts will manage storage and all outbound shipping for Gelteq products across North America.
Integrated Operational Systems – Real-time inventory management and centralized logistics expected improve transparency and efficiency.
Accelerated Margin Expansion – The collaboration is expected to reduce fulfillment costs and unlock high-margin revenue opportunities for both Gelteq and Healthy Extracts.
The initial products to be received under this new agreement are on track for market distribution by Q3 2025. With the addition of full-service logistics, both Gelteq and Healthy Extracts are now vertically aligned to execute their growth plans, innovate new formulations, and enter broader consumer segments.
The agreement underscores both companies’ commitment to operational excellence and long-term value creation in the health and wellness market.
AveragePenny
1年前
$HYEX Healthy Extracts Secures Exclusive Rights to Revolutionary Oral Delivery Technology for Nutritional Supplements
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-secures-exclusive-rights-to-revolutionary-oral-d-1025311
Deal Sets Stage for Accelerated Revenue Growth with Unique Fiber Straw System That Deliciously Delivers Healthy Nutrients as You Sip
LAS VEGAS, NV / ACCESS Newswire / May 8, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a leader in plant-based nutraceutical innovations, has entered an exclusive joint product development agreement with Lelantos Fibre, pioneers in the formulation and manufacturing of fiber drinking straws.
The deal expands Healthy Extracts' portfolio of unique nutritional supplement delivery systems. It enables the development and sale of exclusive nutrient-infused straw formulations produced by Lelantos' specialized manufacturing technologies. The innovative straw provides a convenient and enjoyable consumer experience that fits seamlessly into any busy lifestyle.
The formation of the new partnership follows the official launch last week of the WHITNEY JOHNS™ Gut Health Straw, the world's first fiber pre- and probiotic delivery straw which has already generated strong market interest and initial customer purchases.
Encouraged by the positive response, Healthy Extracts and Lelantos will now co-develop a full range of functional straws that target other high-demand areas of health and wellness, including hydration, workout recovery, and metabolic health-such as straws infused with GLP-1 for regulating blood sugar levels and appetite. The straws will be compatible with popular tumblers, including the Stanley Quencher® and Yeti Rambler®.
"This innovative, patent-pending1 oral delivery system will take our already great nutraceutical formulations to the next level," stated Healthy Extracts president, Duke Pitts. "The technology can conveniently provide up to four grams of prebiotic fiber while delivering other key ingredients that optimize a healthy lifestyle."
Addressing a Critical Need
According to the USDA, 95% of Americans do not consume enough fiber in their diet. The Lelantos straw provides a unique solution while delivering other valuable nutrients.
Fiber is essential for digestive and overall health because it supports healthy blood sugar levels and cholesterol. Fiber also nourishes the gut microbiome and helps with appetite control-all factors linked to mitigating the risk of heart disease, diabetes, obesity, and even certain cancers.
Pitts explains that the associated just-in-time straw manufacturing technology will allow Healthy Extracts to efficiently and cost effectively bring new products to market in less than eight weeks, as well as offer private label options-all at dramatically lower cost points compared to capsules or gummies.
"We see this move as a game changer not only for Healthy Extracts but for the entire nutraceutical industry," said Pitts. "It greatly accelerates our ability to deliver cutting-edge health solutions at scale."
"Lelantos Fiber has already developed multiple natural flavors that taste fantastic, with zero added sugar or chemical sweeteners," added Pitts. "The straw turns a daily nutritional regime into a more enjoyable experience."
President of Lelantos Fibre, Thomas Shea, commented: "This proprietary straw technology redefines how consumers experience daily wellness, making supplements more convenient and effective-even fun."
"Partnering with an industry leader in nutraceutical innovation like Healthy Extracts provides us a powerful platform for bringing this technology to millions of health-focused consumers," said Shea. "We believe that together, we will be setting a new standard for functionality and consumer experience."
The agreement provides Healthy Extracts exclusive rights to all co-developed products as well as advancements to the underlying next-generation manufacturing technology.
The partners plan to launch pilot production of several new products in 2025, enabling them to tap a global functional foods and beverage market that is expected to exceed $793 billion by 2032, growing at a CAGR of more than 10%, according to Fortune Business Insights.
"We see this new delivery system disrupting the gut health and nutritional supplement market in an unprecedented way," noted Pitts. "It provides us a competitive edge for accelerating our sales and brand growth like no other products we've introduced to date."
Adding this unique oral delivery system to the company's portfolio enables Healthy Extracts to expand into new distribution channels, such as fitness and elderly care centers, as well as further into physical retail, healthcare provider networks and direct-to-consumer subscriptions. It will be especially helpful for those with ‘pill fatigue'or have difficulty swallowing, as well as younger populations who do not like pills.
The WHITNEY JOHNS™ Gut Health Straw™ introduced last week is available to order today at whitneyjohns.com. Designed for maximum convenience and effectiveness, this revolutionary product allows consumers to enjoy a delicious natural lemon flavored, sugar-free, prebiotic and probiotic blend by simply sipping through a straw-no pills, powders or hassles, just better gut health one sip at a time!
How It Works
Lelantos Fibre's concept of an infused drinking straw is new and innovative. The technology is based on a patent-pending process1 that allows prebiotic fiber, vitamins, probiotics and other nutritional supplements to be attached as a solid to the interior wall of a drinking straw.
When the user inserts the infused straw into water or their favorite beverage, the lining of the straw dissolves allowing the user to draw the contents up while sipping. By using a specially designed low temperature manufacturing process, the integrity of the fiber and supplements is preserved and thereby yielding maximum benefits to the user.
Often tablets, capsules and other supplement delivery technologies rely on fillers, artificial disintegrates, and flow agents to aid in production, such as silica or magnesium stearate. By eliminating the need for such substances, infused straws can offer a significantly healthier list of natural ingredients. Infused straws are also very simple to use - just drop into a beverage, wait a minute for activation, then sip and enjoy.
AveragePenny
1年前
$HYEX Healthy Extracts Taps $51 Billion Gut Health Market with Launch of World’s First Prebiotic Fiber + Probiotic Gut Health Straw with Whitney Johns Nutrition
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-taps-51-billion-gut-health-market-with-launch-of-1022145
Healthy Extracts Expands Tech Portfolio of Nutritional Supplement Delivery Systems with Introduction of Exclusive Nutrient Drinking Straw Formulation and Manufacturing Technology
LAS VEGAS, NV / ACCESS Newswire / May 1, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals and delivery systems, has introduced in partnership with fitness influencer and health advocate, Whitney Johns, the world's first prebiotic fiber and probiotic supplement delivered by an innovative drinking straw technology.
The new WHITNEY JOHNS™ Gut Health Straw™ is available to order today at whitneyjohns.com.
Designed for maximum convenience and effectiveness, this revolutionary product allows consumers to enjoy a delicious natural lemon flavored, sugar-free, prebiotic and probiotic blend by simply sipping through a straw-no pills, powders or hassles, just better gut health one sip at a time!
The Whitney Johns Gut Health Straw features a proprietary, clinically formulated blend designed to support digestion, gut microbiome balance, immune health, and overall wellness.
The straw delivers up to 4 grams of prebiotic fiber and 60 billion CFU of Bacillus coagulans MB BCM9™, a clinically studied probiotic strain proven to survive harsh stomach acid and deliver active benefits directly to the gut. The proprietary straw system provides a convenient and enjoyable consumer experience that fits seamlessly into any busy lifestyle.
According to the USDA, 95% of Americans do not consume enough fiber in their diet, and the Gut Health Straw provides a unique solution. Fiber is essential for digestive and overall health because it supports healthy blood sugar levels and cholesterol. It also nourishes the gut microbiome and helps with appetite control-all factors that are linked to mitigating the risk of heart disease, diabetes, obesity, and even certain cancers.
"My new Gut Health Straw is a total game-changer on so many levels," stated Whitney Johns, founder and president of Whitney Johns Nutrition. "After years of studying how deeply gut dysfunction impacts overall health, I knew we needed a simpler, more convenient solution. That's exactly why I created the Gut Health Straw-because supporting your gut should feel easy, empowering and delicious, no matter how busy you are."
The Whitney Johns Gut Health Straw is vegan, gluten-free, non-GMO, and manufactured in an FDA-certified U.S. facility using only premium-grade natural ingredients.
Key Benefits
Convenience: No mixing or measuring-just sip and go.
Portability: Pocket-sized, travel-ready, and lifestyle-friendly.
Taste: Refreshing natural lemon flavor, no gritty powders or bulky pills.
Innovation: First of its kind in the wellness industry, setting a new standard for daily digestive support.
According to Duke Pitts, president of Healthy Extracts: "Launching this innovative delivery system and proprietary formulation with Whitney disrupts the gut health market in an unprecedented way. It offers unmatched convenience with a premium consumer experience.
"Adding to our portfolio another unique oral delivery system, it enables us to expand into new distribution channels, such as fitness centers, as well as further into physical retail, healthcare provider networks and direct-to-consumer subscriptions. We see it providing a competitive edge and accelerating the sales and brand growth of the Whitney Johns Nutrition line like no other product we've introduced to-date."
The new product launch is part of Healthy Extracts' broader strategy to expand market share across the booming digestive health and wellness sectors using proprietary nutritional formulations and delivery systems.
The global?digestive health products market is projected to expand from $51.5?billion in 2024 to more than $105.5?billion by 2033, increasing at a compound annual growth rate (CAGR) of 8%, according to Precedence Research.
The new Gut Health Straw adds to the WHITNEY JOHNS product line that includes BRAIN ACTIVATE, MEN and WOMEN'S ACTIVE™ (Nitric Oxide Booster), WOMEN'S CITRUS BERGAMOT™ and WOMEN'S HORMONE SUPPORT™. These products are based on Healthy Extracts' proprietary Citrus Bergamot SuperFruit™ and Ultimate Brain Nutrients™ formulations.
Learn more about Whitney Johns' new Gut Health Straw™ at whitneyjohns.com.
AveragePenny
1年前
$HYEX Healthy Extracts to Report Record First Quarter 2025 with Net Revenue Up More than 34%; Revises Full Year Outlook
https://www.accessnewswire.com/newsroom/en/computers-technology-and-internet/healthy-extracts-to-report-record-first-quarter-2025-with-net-rev-1016072
Net Revenue Expected to Grow 34%+ in 2025 to $4.2 Million, up From Previous Guidance of $4.0 Million
Product Expansion and Growth in Subscription-Based Recurring Revenue Continues to Drive Positive Cash Flow
LAS VEGAS, NEVADA / ACCESS Newswire / April 17, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported preliminary results for the first quarter ended March 31, 2025.
Net revenue is expected to exceed a record $925,000, up more than 19% sequentially and up more than 34% versus the same year-ago quarter.
Direct-to-consumer subscription-based customers increased 83% and Amazon "Subscribe & Save" customers increased 81% as compared to the year ago quarter. In addition to the benefits of generating recurring revenue, subscriptions enhance customer communications, improve customer retention and extend customer lifetime value.
"After generating record-breaking revenue and our first-ever positive adjusted EBITDA in 2024, this momentum continued into the first quarter," stated Healthy Extracts president, Duke Pitts. "These results once again demonstrate our strengthening performance across our direct-to-consumer and retail channels for both our traditional and new product offerings.
"We also maintained our top three Amazon ranking in our category, with this success due to our well-tuned marketing strategies and perhaps more so our unique formulations that our customers find so valuable for supporting their heart and brain health.
"As the result of years of research and development, we plan to soon launch several new product formulations representing new product categories. We will cross-promote these products across our sales channels like never before and thereby position us to drive substantial increases in revenues and profitability over the coming quarters and beyond.
"We then plan to drive future growth by reinvesting our profits into new product development and channel expansion, including the development and launch of new oral delivery systems based on exclusive IP."
Healthy Extracts is planning to soon launch several new products:
Revolutionary heart health formulation targeting an unmet need of more than 40 million statin users in the U.S.
MYNUS sugar blocker specially formulated to reduce up to 42% of the sugar impact from meals. The MYNUS on-the-go gel-packs will be made available under the company's exclusive U.S. and Canadian licensing and manufacturing agreement with Gelteq.
Hydrate EZ: on-the-go gel pack specially formulated to provide hydration, focus, recovery, and sleep benefits without need for mixing.
Healthy Extracts' top brand ambassador and renowned fitness expert, Whitney Johns, is also preparing to launch WHITNEY JOHNS™ NUTRITION on-the-go gel packs for gut health in the second quarter of 2025.
In the second half of 2025, the company plans to launch COLLAGEN (anti-aging) in an on-the-go gel pack. These products will be based on Healthy Extracts' exclusive oral delivery system and proprietary formulations.
"We believe our commitment to customer retention, product innovation, and strategic engagement continues to differentiate our company and brands from the competition," added Pitts. "Given the strong leverage we have created in our business model, we see each of these new products generating on their own millions in additional annual revenues with high gross margins.
"We also believe that our solid cash flow and a highly favorable capitalization structure strengthens our ability to pursue certain opportunistic M&A opportunities, particularly those which would provide additional exclusive IP that differentiates us from our industry peers. Altogether, we remain well positioned for another year of record growth in revenues, cash flow and shareholder value."
2025 Outlook
Based upon the strong revenue performance in the first quarter of 2025 and better visibility into the remainder of the year, the company has increased its outlook for total net revenue in 2025 to more than $4.2 million, representing growth of more than 34% over 2024. This compares to the company's previous guidance for 2025 of more than $4.0 million.
New product launches across new categories and formats that are scheduled for throughout the year are expected to drive this growth with greater profitability (excluding non-cash-based expenses).
The new products are expected to benefit from the broad market channels the company has strategically developed and invested in over the last several years. The company plans to drive future growth by reinvesting its profits into new product development and channel expansion.
The preliminary unaudited results presented in this press release are estimates only and are subject to revision until the company officially reports its quarterly results in May.
trader_ron
1年前
Healthy Extracts to Report Record First Quarter 2025 with Net Revenue Up More than 34%; Revises Full Year Outlook
Press Release | 04/17/2025
Net Revenue Expected to Grow 34%+ in 2025 to $4.2 Million, up From Previous Guidance of $4.0 Million
Product Expansion and Growth in Subscription-Based Recurring Revenue Continues to Drive Positive Cash Flow
LAS VEGAS, NEVADA / ACCESS Newswire / April 17, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported preliminary results for the first quarter ended March 31, 2025.
Net revenue is expected to exceed a record $925,000, up more than 19% sequentially and up more than 34% versus the same year-ago quarter.
Direct-to-consumer subscription-based customers increased 83% and Amazon "Subscribe & Save" customers increased 81% as compared to the year ago quarter. In addition to the benefits of generating recurring revenue, subscriptions enhance customer communications, improve customer retention and extend customer lifetime value.
"After generating record-breaking revenue and our first-ever positive adjusted EBITDA in 2024, this momentum continued into the first quarter," stated Healthy Extracts president, Duke Pitts. "These results once again demonstrate our strengthening performance across our direct-to-consumer and retail channels for both our traditional and new product offerings.
"We also maintained our top three Amazon ranking in our category, with this success due to our well-tuned marketing strategies and perhaps more so our unique formulations that our customers find so valuable for supporting their heart and brain health.
"As the result of years of research and development, we plan to soon launch several new product formulations representing new product categories. We will cross-promote these products across our sales channels like never before and thereby position us to drive substantial increases in revenues and profitability over the coming quarters and beyond.
"We then plan to drive future growth by reinvesting our profits into new product development and channel expansion, including the development and launch of new oral delivery systems based on exclusive IP."
Healthy Extracts is planning to soon launch several new products:
Revolutionary heart health formulation targeting an unmet need of more than 40 million statin users in the U.S.
MYNUS sugar blocker specially formulated to reduce up to 42% of the sugar impact from meals. The MYNUS on-the-go gel-packs will be made available under the company's exclusive U.S. and Canadian licensing and manufacturing agreement with Gelteq.
Hydrate EZ: on-the-go gel pack specially formulated to provide hydration, focus, recovery, and sleep benefits without need for mixing.
Healthy Extracts' top brand ambassador and renowned fitness expert, Whitney Johns, is also preparing to launch WHITNEY JOHNS™ NUTRITION on-the-go gel packs for gut health in the second quarter of 2025.
In the second half of 2025, the company plans to launch COLLAGEN (anti-aging) in an on-the-go gel pack. These products will be based on Healthy Extracts' exclusive oral delivery system and proprietary formulations.
"We believe our commitment to customer retention, product innovation, and strategic engagement continues to differentiate our company and brands from the competition," added Pitts. "Given the strong leverage we have created in our business model, we see each of these new products generating on their own millions in additional annual revenues with high gross margins.
"We also believe that our solid cash flow and a highly favorable capitalization structure strengthens our ability to pursue certain opportunistic M&A opportunities, particularly those which would provide additional exclusive IP that differentiates us from our industry peers. Altogether, we remain well positioned for another year of record growth in revenues, cash flow and shareholder value."
2025 Outlook
Based upon the strong revenue performance in the first quarter of 2025 and better visibility into the remainder of the year, the company has increased its outlook for total net revenue in 2025 to more than $4.2 million, representing growth of more than 34% over 2024. This compares to the company's previous guidance for 2025 of more than $4.0 million.
New product launches across new categories and formats that are scheduled for throughout the year are expected to drive this growth with greater profitability (excluding non-cash-based expenses).
The new products are expected to benefit from the broad market channels the company has strategically developed and invested in over the last several years. The company plans to drive future growth by reinvesting its profits into new product development and channel expansion.
The preliminary unaudited results presented in this press release are estimates only and are subject to revision until the company officially reports its quarterly results in May.
About Healthy Extracts "Live Life Young Again"
Healthy Extracts Inc. is a platform for acquiring, developing, researching, patenting, marketing, and distributing plant-based nutraceuticals.
The company's subsidiaries, BergametNA™ and Ultimate Brain Nutrients™ (UBN), offer nutraceutical natural heart and brain health supplements. This includes the only heart health supplement distributed in North America containing Citrus Bergamot SuperFruit™. This superfruit has the highest known concentration of polyphenols and flavonoids.
UBN's KETONOMICS® proprietary formulations, which have been designed to enhance brain activity, focus, headache and cognitive behavior, provide many sales and intellectual property licensing opportunities.
For more information visit: healthyextractsinc.com, bergametna.com or tryubn.com.
https://www.otcmarkets.com/stock/HYEX/news/Healthy-Extracts-to-Report-Record-First-Quarter-2025-with-Net-Revenue-Up-More-than-34-Revises-Full-Year-Outlook?id=473978
AveragePenny
1年前
$HYEX Healthy Extracts Expects 2024 Net Revenue Up 24%, Driving Positive Cash Flow
https://www.accesswire.com/968138/healthy-extracts-expects-2024-net-revenue-up-24-driving-positive-cash-flow
Results Driven by 80% Growth in Subscription-Based Recurring Revenue, Strengthening Customer Retention and Lifetime Value (LTV)
LAS VEGAS, NV / ACCESSWIRE / January 14, 2025 / Healthy Extracts Inc. (OTCQB:HYEX), an innovative platform for acquiring, developing, patenting, marketing and distributing plant-based nutraceuticals, expects to report record results for the year ended December 31, 2024.
For full year 2024, net revenue is expected to exceed a record $3.1 million, up 24% year-over-year. Combined with strong margin performance, the revenue growth is expected to drive positive operating cash flow for the year.
"Our anticipated record-breaking revenue and profits for the year reflects strong performance across our direct-to-consumer channels and our strengthening momentum with key retail partners," commented Healthy Extracts president, Duke Pitts.
"We believe our focus on customer retention, product quality and innovation, and strategic customer engagement continues to set us apart from the competition," added Pitts. "We have also been effective in leveraging our expertise to dominate key sales channels, like Amazon, where we see the potential to generate millions in additional annual sales with each new product launch."
Healthy Extracts' record Amazon sales in 2024 was demonstrated by its top three ranking in its category, and this resulting from its optimized sales and marketing efforts.
The company's successful "Subscribe & Save" program for both Amazon and direct-to-consumer sales boosted its recurring revenue stream, up 80% year-over-year, while strengthening customer retention and lifetime value (LTV).
2025 Outlook
"As we begin the new year, we are looking forward to building upon our success in 2024 with the launch of a new series of groundbreaking products," continued Pitts. "Targeting for release during the first quarter, these new products will be specifically formulated for new high-growth categories."
These anticipated new products include a groundbreaking on-the-go hydration product; an easy-to-consume sugar blocker; and a revolutionary heart health formulation targeting the more than 40 million statin users in the U.S.
The hydration and sugar blocker represent new category entries for the company, while the new heart health product is expected to expand this most successful category for the company to new levels.
All of these products will tap the company's well-established customer base, while attracting new audiences and creating significant cross-selling opportunities.
"We enter 2025 with solid cash flow, manageable debt, and a highly favorable capitalization structure," said Pitts. "This strong position supports our outlook for another year of record growth. We also see our M&A opportunities further strengthening our positive outlook and enhancing our ability to deliver greater shareholder value."
The preliminary unaudited results provided in this press release are estimates only and subject to change without notice until the company officially reports its audited annual results in March.
AveragePenny
2年前
$GELS $HYEX Gelteq Announces Largest U.S. Customer Increases Initial Order by 50% to Meet Growing Market Demand
https://www.globenewswire.com/news-release/2024/12/02/2989805/0/en/Gelteq-Announces-Largest-U-S-Customer-Increases-Initial-Order-by-50-to-Meet-Growing-Market-Demand.html
NEW YORK, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Gelteq Limited (NASDAQ: GELS) (“Gelteq” or the “Company”), a clinical and science-based company that is focused on developing and commercializing white label gel-based delivery solutions for prescription drugs, nutraceuticals, pet care, and other products, announces its largest U.S. customer, Healthy Extracts (OTCQB:HYEX), has increased its initial purchase order of Gelteq collagen and Mynus sugar blocker gels by 50%, citing high demand and popularity of the products. Healthy Extracts’ platform acquires, develops, patents, markets, and distributes plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market.
This growing partnership supports Gelteq’s strategic push into the U.S. market following the recent hiring of Adam Bendell as the Company’s U.S. President and the establishment of a U.S.-based office. Production of Healthy Extracts’ order is underway, with shipment expected in January 2025.
“Gelteq is dedicated to delivering products offering an improved delivery platform to those who may struggle to swallow or digest traditional nutraceutical products, which we anticipate will result in improved commercial success,” Gelteq Co-Founder and CEO Nathan Givoni said. “Our partnership with Healthy Extracts is a perfect example of how our formulations can create a revolutionary and convenient way for consumers to ingest the product with the added benefits of easier digestion and better absorption. We believe the increase in demand is a testament to our innovative products and a positive step forward in our commitment to building long-term shareholder value.”
“Gelteq’s advanced technology offers a cutting-edge delivery system that empowers us to expand existing sales channels and capitalize on new market opportunities, all while delivering a more satisfying and impactful experience for consumers. This partnership is poised to drive higher margins, accelerate revenue growth, and strengthen our leadership in the rapidly expanding U.S. health and wellness market. We are confident that Gelteq's collaboration will be a pivotal factor in driving the sustained growth and success of our business,” said Duke Pitts, Healthy Extracts President.
Gelteq and the Healthy Extracts team will continue to expand the range of their partnership and expect to announce new products in early 2025.
AveragePenny
2年前
$HYEX Healthy Extracts Reports Record Q3 2024; Issues Guidance for 20%+ Growth and Positive Cash Flow for Full Year 2024
https://www.accesswire.com/941417/healthy-extracts-reports-record-q3-2024-issues-guidance-for-20-growth-and-positive-cash-flow-for-full-year-2024
Net revenue up 21% year-over-year to record third-quarter high.
Achieved fourth consecutive positive cash flow quarter while still investing in future growth.
Growth in subscription-based sales generating an expanding recurring revenue stream.
Record increase in subscriptions driving greater customer lifetime value (CLV).
Outlook remains on track for more than 20% revenue growth in 2024, exceeding $3 million, and generate cash flow positive for the year.
LAS VEGAS, NV / ACCESSWIRE / November 12, 2024 / Healthy Extracts Inc. (OTCQB:HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported results for the three and nine months ended September 30, 2024. All comparisons are to the year-ago period unless otherwise noted.
Q3 2024 Financial Highlights
Net revenue increased 21% to $745,000, a record for a third quarter, which was driven primarily by consumer sales growth and increased subscription-based revenue.
Gross profit increased 22% to $602,000 with gross margin up 50 basis points to 80.9% due to improved manufacturing efficiency and product mix.
Operating expenses decreased 31% to $517,000.
Reduced outstanding debt by $97,000, which brought the total debt reduction over the past two quarters to $205,000 and enabling additional capital to be applied to growth initiatives.
Net income totaled $355,000 or $0.12 per basic and diluted share, improving from a loss of $248,000 in the same year-ago period. The increase was primarily due to a change in fair value on derivative expense. Excluding expenses related to potential acquisitions and equity offerings, regulatory compliance, stock-based compensation, change in fair value of derivative expense and interest, net income in the third quarter of 2024 totaled $117,000 or $0.04 per basic and diluted share.
Amazon "Subscribe & Save" customers at September 30, 2024 increased 63% year-over-year to a record number of subscribers. Direct-to-consumer subscription customers (excluding Amazon) at September 30, 2024 increased 97% year-over-year. Subscription growth helps reduce customer acquisition costs, increases traction, and provides greater visibility into future revenue.
Management Commentary
"In Q3, we achieved another quarter of record-breaking revenue along with additional margin improvements and debt reduction," commented Healthy Extracts president, Duke Pitts. "This strong performance was driven by the sale of industry-leading products through our well-developed and diverse marketing channels-especially direct-to-consumer.
"The results also reflect how we achieved record-breaking Amazon sales in July and August, with this resulting from effectively targeted sales and marketing efforts for Prime Day, as well as record demand for our Amazon ‘Subscribe & Save' offerings.
"We also maintained a top three position among more than 100 competitors in Amazon's popular Citrus Bergamot category. We're looking forward to strong Black Friday and Cyber Monday events coming up later this month that we expect will take our Amazon sales to the next level.
"Given the tremendous success of our Amazon ‘Subscribe & Save' program, in July we introduced a 20% discount on monthly subscriptions on our direct-to-consumer eCommerce website, replacing our traditional Buy-2-Get-1 offers. This new offering has been well received, resulting in notable growth in subscription sign-ups.
"We see this new program helping to boost our sales and margins, as well as enable greater customer long-term retention rates. We estimate our subscription-based revenue is quickly approaching nearly a third of our overall revenue run-rate, with this supporting a significant increase in overall customer lifetime value or CLV.
"Now with our strongest fundamentals to date, including a streamlined capitalization structure, manageable debt levels, and four consecutive quarters of positive cash flow, our company is positioned exceptionally well.
"Despite navigating limited working capital due to challenging financial markets, we have maintained a consistent growth trajectory with a compound annual growth rate of approximately 25% over the last three years. Based on typical industry valuation multiples applied just to our Customer Lifetime Value (CLV), we believe our current market valuation is highly undervalued.
"For the rest of the year and into the next, we expect to continue to strengthen our top-line growth, profitability, and market share, especially as our addressable markets continue to expand. Our consistent growth momentum with our retail customers positions us well for the successful launch of new products that we're planning to roll out in the current fourth quarter. We are also in the best-ever position for making strategic, accretive acquisitions that would further accelerate our growth.
"The launch of these new products will benefit from the broad market channels we have strategically built and invested in over recent years. We believe these investments have proven to be the most effective way to create significant shareholder value. The continued pursuit of this strategy remains our top priority. Given our momentum coming into the fourth quarter, we expect to report record revenue and positive cash flow for the year, with this setting the stage for accelerated growth in 2025."
Financial Outlook
For the remainder of 2024, the company expects to remain on track for another year of record revenue at more than $3.0 million, representing a 20%+ year-over-year gain, and generate positive cash-flow for the year. New product introductions are expected to continue laying the way for stronger growth and greater profitability excluding non-cash expenses.
Product Outlook
Healthy Extracts' top brand ambassador and renowned fitness expert, Whitney Johns, is preparing to launch WHITNEY JOHNS™ NUTRITION on-the-go gel packs for COLLAGEN (anti-aging) in the first quarter of 2025. These products will be based on Healthy Extracts' exclusive oral delivery system and proprietary formulations.
The company is also planning to launch in the first quarter of 2025 its new BergaMet MYNUS sugar blocker, which is specially formulated to reduce up to 42% of the sugar impact from meals. The MYNUS on-the-go gel-packs will be made available under the company's exclusive U.S. and Canadian licensing and manufacturing agreement with Gelteq.
Q3 2024 Financial Summary
Net revenue in the third quarter of 2024 increased 21% to $745,000 from $614,000 in the same year-ago quarter, primarily due to consumer sales growth and increased subscription-based revenue.
Gross profit totaled $602,000 or 80.9% of net revenue as compared to $493,000 or 80.4% of net revenue in the same year-ago quarter. The 50 basis points increase in gross margin was the result of manufacturing efficiency and more favorable product mix.
Operating expenses decreased 31% to $517,000 as compared to $754,000 in the same year-ago quarter. The decrease in operating expenses was primarily due to one-time expenses in the year-ago quarter related to the company's planned uplist to Nasdaq and issuance of options and warrants that did not reoccur in the third quarter of 2024, and to a lesser extent the reduction in general operating expense in the third quarter of 2024.
Net income totaled $354,000 or $0.12 per basic and diluted share, as compared to a net loss of $248,000 or $(0.09) per basic and diluted share in the same year-ago period.
Excluding expenses related to planned acquisitions and public offerings, regulatory compliance, stock-based compensation, the change in fair value of derivative expense and interest expense, net income in the third quarter of 2024 totaled $117,000 or $0.04 per basic and diluted share versus net income of $33,000 or $0.01 per basic and diluted share.
First Nine Months of 2024 Financial Summary
Net revenue in the first nine months of 2024 increased 29% to a record $2.3 million compared to $1.8 million in the same year-ago period, primarily due to product line and distribution channel expansion.
Gross profit totaled $1.5 million or 63.9% of net revenue as compared to $1.1 million or 58.1% of net revenue in the same year-ago period. The increase in gross margin was a result of product mix sold as well as decreases in manufacturing and freight costs.
Operating expenses decreased 50% to $1.5 million compared to $3.0 million in the same year-ago period. The decrease in operating expenses was primarily due to one-time expenses in the same year-ago period related to the company's planned uplist to a Nasdaq and the issuance of options and warrants that did not reoccur in the 2024, and to a lesser extent the reduction in general operating expense in 2024.
Net loss totaled $394,000 or $(0.13) per basic and diluted share, compared to a loss of $2.1 million or $(0.72) per basic and diluted share in the same year-ago period. The improvement in net loss was primarily due to the same factors that drove improvement in the third quarter of 2024.
Excluding expenses related to the potential acquisitions and a public offering, regulatory compliance, stock compensation, change in fair value on derivative and interest expense, net income totaled $139,000 or $0.05 per basic and diluted share versus a net loss of $480,000 or $(0.16) per basic and diluted share in the same year-ago period.
AveragePenny
2年前
$HYEX Healthy Extracts Expects to Report Record Third Quarter 2024, with Net Revenue Up More than 20%
https://www.accesswire.com/932595/healthy-extracts-expects-to-report-record-third-quarter-2024-with-net-revenue-up-more-than-20
Strong Growth in Subscription-Based Recurring Revenue Continues for Healthy Extracts as Category Top Three Amazon Seller
LAS VEGAS, NV / ACCESSWIRE / October 17, 2024 / Healthy Extracts Inc. (OTCQB:HYEX), a platform for acquiring, developing, patenting, marketing, and distributing plant-based nutraceuticals that target select high-growth categories within the multibillion-dollar nutraceuticals market, reported preliminary record results for the third quarter ended September 30, 2024.
Net revenue is expected to exceed $740,000, a record for a third quarter, up more than 20% compared to the same year-ago quarter.
Gross margin for the quarter is expected to exceed 80%, driving positive operating cash flow and net profitability.
"In Q3, we achieved another quarter of record-breaking revenue, continued margin improvements, and further debt reduction, with this driven by robust performance in our direct-to-consumer channels," stated Healthy Extracts president, Duke Pitts. "This consistent growth momentum with our key retail customers positions us for the successful launch of new products we are planning to introduce in the current quarter."
The company generated record sales on Amazon in July, primarily as a result of its focused sales and marketing efforts for Prime Day and increased demand for its "Subscribe & Save" offers. During the quarter, the company continued to rank as a top three seller of Citrus Bergamot on Amazon among more than 100 competitors.
The company's products feature the only heart health supplement distributed in North America containing Citrus Bergamot SuperFruit™, which has the highest known concentration of polyphenols and flavonoids.
Given the success with Amazon's "Subscribe and Save," in July Healthy Extracts replaced its traditional buy-2-get-1 offers on its eCommerce website with a 20% discount for subscribing to monthly shipments.
"We expect this move to increase sales and margins, as well as the lifetime value of our customers due to improved customer retention," noted Pitts. "In fact, the new offer has been well received, generating a significant increase in overall subscriber growth during the first several weeks."
Looking ahead, the company anticipates strengthening performance in top-line growth, profitability, and market share expansion as its addressable markets continue to grow. This positive outlook is largely due to the anticipated launch of new products that will benefit from the broad market channels the company has strategically developed and invested in over the past several years.
According to Pitts, "These investments have proven to be the most effective way to create significant shareholder value-and this will continue to be our top priority."
The preliminary unaudited results presented in this press release are estimates only and are subject to revision until the company officially reports its quarterly results in mid-November.
makinezmoney
4年前
$HYEX: Great Quarterly Earnings report.... Revs up 187%
Very nice
Now at 0.055
Healthy Extracts Expects Q1 2022 Net Revenue up 187% to Record $489,000, Driving First Profitable Quarter
April 12, 2022 08:31 ET | Source: Healthy Extracts Inc.
...
LAS VEGAS, April 12, 2022 (GLOBE NEWSWIRE) -- Healthy Extracts Inc. (OTCQB: HYEX), a leading innovator of clinically proven plant-based products for heart and brain health, reported preliminary unaudited results for the first quarter ended March 31, 2022.
Net revenue for the first quarter is expected to total more than $489,000, up 187% over the same year-ago quarter, and keeps full year outlook on track for revenue to double to more than $3 million.
“Our record top-line for a first quarter resulted primarily from expansion of direct-to-consumer channels, including a four-fold increase in recurring revenue from product subscriptions,” stated Duke Pitts, president of Healthy Extracts. “We also expect this strong performance to drive our first-ever positive net income quarter.”
Over the past year, the company established a solid foundation for addressing the fast-growing brain and heart health supplement market, including key acquisitions and successful clinical studies that support its products’ health benefit claims.
“We believe the progress we have made, particularly with expanding our sales channels and portfolio of clinically proven natural products, keeps us on course for our earlier guided 100% sales growth in 2022,” added Duke. “Together with our continued focus on building our recurring revenue stream from subscriptions, we anticipate a continued strengthening of our shareholder value throughout the year.”
The preliminary unaudited results are estimates only and are subject to revision until the company reports its financial results for the first quarter ended March 31, 2022, which it expects to report in May.
About Healthy Extracts “Live Life Young Again”
Healthy Extracts Inc. is a platform for developing or acquiring science-forward, clinically proven, plant-based proprietary products in select high-growth categories within the multibillion-dollar nutraceuticals market.
The company’s subsidiaries, BergametNA™ and Ultimate Brain Nutrients™ (UBN), offer nutraceutical natural heart and brain health supplements. This includes the only heart health supplement containing Citrus Bergamot SuperFruit™. This superfruit is known to have the highest quality and concentration of polyphenols and flavonoids, and with healthy heart benefits backed by more than 17 clinical studies.
UBN KETONOMICS® proprietary formulations have been clinically shown to improve brain health, including memory, cognition, focus and neuro-energy. UBN is pursuing intellectual property license opportunities for monetizing its IP portfolio of multiple issued and pending patents.
For more information visit: healthyextractsinc.com, bergametna.com or tryubn.com.
Forward-Looking Statements and Safe Harbor Notice
All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties and assumptions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Annual Report on Form 10-K filed with the SEC on April 1, 2022, and future periodic reports filed with the SEC. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release.
Food and Drug Administration Disclosure
The product and formulation featured in this release is not for use by or sale to persons under the age of 12. This product should be used only as directed on the label. Consult with a physician before use if you have a serious medical condition or use prescription medications. A doctor’s advice should be sought before using this and any supplemental dietary product. These statements have not been evaluated by the FDA. This product is not intended to diagnose, treat, cure or prevent any disease.
BergametNA™, Ultimate Brain Nutrients™, UBN™, Citrus Bergamot SuperFruit™ and F4T® are registered trademarks of Healthy Extracts Inc.™
Healthy Extracts Company Contact
Duke Pitts, President
Healthy Extracts Inc.
Tel (720) 463-1004
Email contact
Investor Contact:
Ronald Both or Justin Lumley
CMA
Tel (949) 432-7566
Email contact
Media Contact:
Tim Randall
CMA
Tel (949) 432-7572
Email contact
GO $HYEX