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Healthy Extracts Inc. (OTCQB: HYEX) is a prominent company in the nutraceutical industry, focusing on the acquisition, development, patenting, marketing, and distribution of plant-based nutraceuticals. The company operates through its subsidiaries, BergametNA™ and Ultimate Brain Nutrients™ (UBN), to offer natural heart and brain health supplements. These include formulations such as Citrus Bergamot SuperFruit™, known for its high concentrations of polyphenols and flavonoids, which support heart health and metabolism.
Recently, Healthy Extracts has been in the spotlight due to its collaboration with renowned fitness expert Whitney Johns. Her line of nutritional supplements, developed in partnership with the company, includes products like BRAIN ACTIVATE™, ACTIVE™, WOMEN'S CITRUS BERGAMOT™, and WOMEN'S HORMONE SUPPORT™. These products have received significant attention, particularly after Whitney’s notable victory in Kingpyn’s High Stakes Boxing Tournament. The event, which was widely viewed, helped boost brand visibility and sales.
Financially, Healthy Extracts has shown robust growth. For example, net revenue in the first quarter of 2024 increased by 12% to $689,000, driven by the expansion of distribution channels and subscription-based revenue. The company's gross margin also improved significantly due to enhanced manufacturing efficiencies. In 2023, the company recorded a 10% increase in net revenue to $2.5 million.
The company is also expanding its product line with innovative solutions. For instance, the recent launch of LONGEVITY Anti-Aging™, a proprietary blend focusing on arterial flexibility and anti-aging, complements the company's heart health portfolio. They are also preparing to launch new on-the-go gel packs for gut health, collagen, and sugar blockers in 2024.
Healthy Extracts is preparing for a significant corporate milestone—a planned uplist to the NYSE American. This move aims to increase the company's visibility and provide greater liquidity for its shareholders. The company has already initiated a 1-for-120 reverse stock split to meet listing requirements.
Through strategic acquisitions and organic growth, Healthy Extracts continues to broaden its market presence, leveraging its proprietary and patented formulations backed by independent research. For more information, visit healthyextractsinc.com, bergametna.com, and tryubn.com.
Healthy Extracts Inc. (OTCQB: HYEX) reported record Q1 revenues of $463,000, a 172% increase year-over-year. Gross profit rose to $325,000 with a 70.1% gross margin. The company achieved a net income of $3,000, recovering from a $1.3 million loss last year. Q1 also saw a four-fold increase in recurring revenue from subscriptions and a new clinical study validating its UBN Relief product, which significantly reduces migraine symptoms. The launch of a brand influencer program and upcoming product launches are expected to drive further growth.
Healthy Extracts Inc. (OTCQB: HYEX) has launched its Citrus Bergamot SuperFruit™ formulations on Walmart.com, enhancing its presence in the online marketplace. This product line includes various formulations aimed at heart and immune health, backed by over 17 clinical trials. Each tablet contains 500-675 mg of high-quality bergamot extract, promoting natural cholesterol management. The company anticipates that the addition of Walmart.com will significantly increase consumer awareness and drive incremental sales growth, contributing to its goal of a record year in market share expansion.
Healthy Extracts Inc. (OTCQB: HYEX) announced the launch of brand influencer Whitney Johns' new line of health and fitness products. The line includes brain health, physical performance, and hormone support supplements, all based on Healthy Extracts' proprietary formulations. The products are vegan, non-GMO, gluten-free, and supported by extensive clinical research. This initiative aims to enhance sales channels and bolster brand identity, leveraging Johns' significant social media following to reach broader audiences.
Healthy Extracts Inc. (OTCQB: HYEX) reported preliminary Q1 results for 2022, estimating net revenue over $489,000, a 187% increase year-over-year. This growth is attributed to direct-to-consumer channel expansion and a four-fold rise in subscription revenue. The company anticipates its first positive net income quarter, maintaining its 2022 forecast of over $3 million in revenue. Healthy Extracts has focused on building a foundation in the brain and heart health markets through acquisitions and clinical studies, aiming for 100% sales growth this year.
Healthy Extracts Inc. (OTCQB: HYEX) reported strong fourth quarter and full year results for 2021, showcasing a net revenue of $672,000 in Q4, up 77% sequentially and 394% year-over-year. The company reversed its previous net loss, achieving a net income of $535,000. Annual revenue increased 15% to a record $1.5 million, with gross profit at $695,000, representing 47.4% of net revenue. Healthy Extracts launched innovative nutraceuticals, including Ultimate Brain Nutrients™, and engaged brand influencer Whitney Johns to boost market presence.
Healthy Extracts Inc. (OTCQB: HYEX) has launched an educational initiative on its YouTube channel to promote its clinically proven plant-based products for heart and brain health. The channel will feature informative content, including interviews with founders and product development teams, as well as influencers like Whitney Johns. The company recently published strong clinical trial results for its product UBN RELIEF, demonstrating significant benefits for migraine sufferers and cognitive function. With 100+ clinical studies backing its formulations, Healthy Extracts aims for over 100% sales growth in 2022.
Healthy Extracts Inc. (OTCQB: HYEX) has announced over 100% sales growth for 2022, driven by its innovative, clinically proven plant-based products targeting brain and heart health. The company's Ultimate Brain Nutrients™ and Citrus Bergamot SuperFruit™ formulations are positioned in rapidly expanding markets, with brain health projected to reach $24.6 billion and heart health $24.8 billion by 2027. Healthy Extracts launched new products and received follow-on orders from distributors, expecting continued growth with revenue estimated at $1.7 million for 2021, marking a 31% increase.
Healthy Extracts Inc. (OTCQB: HYEX) has announced significant results from a prospective, randomized, double-blind, placebo-controlled trial of UBN RELIEF™, a formulation aimed at alleviating migraine symptoms. The 60-day study showed a 53% reduction in migraine incidents, 39% decrease in duration, and 27% less pain severity. Additionally, participants reported a 43% improvement in quality of life and a 55% reduction in time lost due to migraines. No adverse side effects were noted, highlighting its potential as a safe alternative for the millions suffering from migraines.
Healthy Extracts Inc. (HYEX) has extended its exclusive marketing contract for Citrus Bergamot SuperFruit™ with Herbal & Antioxidant Derivatives, S.r.l. until December 31, 2023. This contract gives Healthy Extracts a competitive edge, allowing them to distribute the highest strength Citrus Bergamot with 47% BPF potency, surpassing competitors’ 38% BPF. The company anticipates at least 100% organic revenue growth for 2022, with predicted gross revenues reaching approximately $1.7 million, a 31% increase year-over-year. The heart-health supplement market is projected to grow significantly, reaching $24.8 billion by 2027.
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