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Nepra Foods Reports Q3 2025 Financials With Revenue Growth and Enhanced Margins

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Nepra Foods (OTC:NPRFF) reported strong Q3 2025 financial results, demonstrating significant growth and operational improvements. Revenue increased 25.3% to CAD $1.45M compared to Q3 2023, while nine-month revenue grew 16.3% to CAD $3.96M.

Gross margin expanded to 27.41% from 23.3% in the previous quarter, with gross profit reaching CAD $397,580. The company achieved notable cost reductions, with salaries decreasing 8.1% to CAD $335,567 and R&D expenses dropping 86.8% to CAD $12,682.

The net loss improved by 45.4% to CAD $559,191 in Q3 2025, while the nine-month net loss decreased 56% to CAD $1.34M. Strategic developments included retiring a CAD $232,765 SBA loan and appointing two independent directors. Operating from a 31,000 sq ft facility in Colorado, Nepra continues to focus on gluten-free and allergen-free protein solutions.

Nepra Foods (OTC:NPRFF) ha riportato forti risultati finanziari per il terzo trimestre del 2025, dimostrando una crescita significativa e miglioramenti operativi. Il fatturato è aumentato del 25,3% a CAD $1,45 milioni rispetto al terzo trimestre del 2023, mentre il fatturato dei nove mesi è cresciuto del 16,3% a CAD $3,96 milioni.

Il margine lordo è aumentato al 27,41% rispetto al 23,3% del trimestre precedente, con un utile lordo che ha raggiunto CAD $397.580. L'azienda ha ottenuto notevoli riduzioni dei costi, con i salari diminuiti dell'8,1% a CAD $335.567 e le spese per ricerca e sviluppo scese dell'86,8% a CAD $12.682.

La perdita netta è migliorata del 45,4% a CAD $559.191 nel terzo trimestre del 2025, mentre la perdita netta dei nove mesi è diminuita del 56% a CAD $1,34 milioni. Sviluppi strategici hanno incluso il rimborso di un prestito SBA di CAD $232.765 e la nomina di due direttori indipendenti. Operando da una struttura di 31.000 piedi quadrati in Colorado, Nepra continua a concentrarsi su soluzioni proteiche senza glutine e senza allergeni.

Nepra Foods (OTC:NPRFF) reportó resultados financieros sólidos para el tercer trimestre de 2025, demostrando un crecimiento significativo y mejoras operativas. Los ingresos aumentaron un 25.3% a CAD $1.45 millones en comparación con el tercer trimestre de 2023, mientras que los ingresos de nueve meses crecieron un 16.3% a CAD $3.96 millones.

El margen bruto se expandió al 27.41% desde el 23.3% en el trimestre anterior, con una ganancia bruta que alcanzó CAD $397,580. La empresa logró reducciones de costos notables, con salarios disminuyendo un 8.1% a CAD $335,567 y los gastos de I+D cayendo un 86.8% a CAD $12,682.

La pérdida neta mejoró en un 45.4% a CAD $559,191 en el tercer trimestre de 2025, mientras que la pérdida neta de nueve meses disminuyó un 56% a CAD $1.34 millones. Los desarrollos estratégicos incluyeron la cancelación de un préstamo SBA de CAD $232,765 y la designación de dos directores independientes. Operando desde una instalación de 31,000 pies cuadrados en Colorado, Nepra continúa enfocándose en soluciones proteicas sin gluten y sin alérgenos.

네프라 푸드(Nepra Foods) (OTC:NPRFF)는 2025년 3분기 강력한 재무 결과를 보고하며, 상당한 성장과 운영 개선을 보여주었습니다. 수익은 2023년 3분기 대비 25.3% 증가한 CAD $1.45M에 달했으며, 9개월 누적 수익은 16.3% 증가한 CAD $3.96M에 이르렀습니다.

총 마진은 이전 분기의 23.3%에서 27.41%로 확대되었으며, 총 이익은 CAD $397,580에 달했습니다. 회사는 급여를 8.1% 줄여 CAD $335,567로, 연구 및 개발 비용을 86.8% 감소시켜 CAD $12,682로 줄이는 등 주목할 만한 비용 절감을 달성했습니다.

순손실은 2025년 3분기에 45.4% 개선된 CAD $559,191에 달했으며, 9개월 누적 순손실은 56% 감소하여 CAD $1.34M이 되었습니다. 전략적 발전으로는 CAD $232,765의 SBA 대출 상환과 두 명의 독립 이사 임명이 포함되었습니다. 콜로라도에 있는 31,000 제곱피트 시설에서 운영되는 네프라는 글루텐 프리 및 알레르기 프리 단백질 솔루션에 계속 집중하고 있습니다.

Nepra Foods (OTC:NPRFF) a annoncé de solides résultats financiers pour le troisième trimestre 2025, montrant une croissance significative et des améliorations opérationnelles. Le chiffre d'affaires a augmenté de 25,3% pour atteindre 1,45 million CAD par rapport au troisième trimestre 2023, tandis que le chiffre d'affaires sur neuf mois a progressé de 16,3% pour atteindre 3,96 millions CAD.

La marge brute s'est élargie à 27,41% contre 23,3% au trimestre précédent, avec un bénéfice brut atteignant 397 580 CAD. L'entreprise a réalisé des réductions de coûts notables, avec des salaires en baisse de 8,1% à 335 567 CAD et des dépenses de R&D en baisse de 86,8% à 12 682 CAD.

La perte nette s'est améliorée de 45,4% pour atteindre 559 191 CAD au troisième trimestre 2025, tandis que la perte nette sur neuf mois a diminué de 56% pour atteindre 1,34 million CAD. Les développements stratégiques comprenaient le remboursement d'un prêt SBA de 232 765 CAD et la nomination de deux administrateurs indépendants. Opérant depuis une installation de 31 000 pieds carrés dans le Colorado, Nepra continue de se concentrer sur des solutions protéiques sans gluten et sans allergènes.

Nepra Foods (OTC:NPRFF) hat starke Finanzzahlen für das dritte Quartal 2025 veröffentlicht, die ein signifikantes Wachstum und betriebliche Verbesserungen zeigen. Der Umsatz stieg um 25,3% auf CAD $1,45 Millionen im Vergleich zum dritten Quartal 2023, während der Umsatz über neun Monate um 16,3% auf CAD $3,96 Millionen wuchs.

Die Bruttomarge erweiterte sich auf 27,41% von 23,3% im vorherigen Quartal, wobei der Bruttogewinn CAD $397.580 erreichte. Das Unternehmen erzielte bemerkenswerte Kostensenkungen, wobei die Gehälter um 8,1% auf CAD $335.567 sanken und die F&E-Ausgaben um 86,8% auf CAD $12.682 fielen.

Der Nettoverlust verbesserte sich um 45,4% auf CAD $559.191 im dritten Quartal 2025, während der Nettoverlust über neun Monate um 56% auf CAD $1,34 Millionen sank. Strategische Entwicklungen umfassten die Rückzahlung eines SBA-Darlehens in Höhe von CAD $232.765 und die Ernennung von zwei unabhängigen Direktoren. Nepra konzentriert sich weiterhin auf glutenfreie und allergenfreie Proteinlösungen und operiert von einer 31.000 Quadratfuß großen Anlage in Colorado.

Positive
  • Revenue growth of 25.3% YoY to CAD $1.45M
  • Gross margin expansion to 27.41% from 23.3%
  • Net loss reduction of 45.4% YoY
  • Operating costs decreased significantly
  • SBA loan of CAD $232,765 retired
Negative
  • Still operating at a net loss of CAD $559,191
  • R&D spending decreased by 86.8%

VANCOUVER, BC / ACCESS Newswire / March 4, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTC PINK:NPRFF) ("Nepra" or the "Company"), a pioneer in gluten-free, allergen-free and plant-based protein solutions, is pleased to announce its condensed consolidated financial results for the third quarter ended December 31, 2024. The period reflects steady progress, with notable gains in revenue, gross margins, and cost management, underscoring Nepra's ability to deliver value in a dynamic market.

Q3 2025 highlighted the Company's focus on operational efficiency and customer-driven innovation, positioning it well within the expanding gluten-free and functional food sector.

Q3 2025 Financial and Operational Highlights

  • Revenue Surge: Revenue for the quarter rose to CAD $1,450,641, a 25.3% increase from CAD $1,158,107 in Q3 2023-an uptick of CAD $292,534. For the nine months ended December 31, 2024, revenue grew 16.3% to CAD $3,962,377 from CAD $3,406,206 in 2023, driven by new customer wins and robust sales of specialty starch products.

  • Gross Margin Growth: Gross profit improved to CAD $397,580 in Q3 2025, up from CAD $281,712 in the previous quarter ending September 30, 2024, with gross margin expanding from 23.3% to 27.41%. This significant gain reflects lower raw material costs and a higher share of blending services revenue.

  • Reduced Expenses: Operating costs saw meaningful declines, with salaries and benefits dropping by CAD $29,599 (8.1%) to CAD $335,567 and research and development decreasing by CAD $83,190 (86.8%) to CAD $12,682 compared to Q3 2023. These savings highlight a disciplined approach to cost control.

  • Narrowed Net Loss: The net loss for Q3 2025 decreased to CAD $559,191, a 45.4% improvement from CAD $1,024,206 in Q3 2023, supported by stronger gross profits and reduced expenses. For the nine months, net loss improved 56% to CAD $1,338,344 from CAD $3,039,523 in 2023.

  • Strategic Advances: In October 2024, Nepra retired a CAD $232,765 SBA loan, appointed two independent directors, and solidified the audit and compensation committees-steps that strengthen financial health and governance.

A Platform for Continued Success

"Our Q3 results reflect the hard work of our team to enhance efficiency while growing revenue and margins," said William Hogan, CEO. "These improvements demonstrate our commitment to building a sustainable business that meets the needs of our customers and shareholders. We're well-positioned to capitalize on the rising demand for gluten-free and allergen-free ingredients."

Why This Matters

  • Market Opportunity: The global gluten-free market is expected to reach USD $14 billion by 2032, (Statista, 2024) and Nepra's high-quality, customer-focused solutions-like its "Absolutely Essential" Blends and Rheoflex® starches-are meeting this demand head-on.

  • Operational Strength: Cost reductions and profitability gains provide a solid base to support future innovation, including recent hemp protein developments announced in February 2025.

  • Shareholder Focus: With improved cash flow management and reduced debt, Nepra is delivering measurable progress for its investors.

Looking Forward

Nepra's leadership is committed to sustaining this positive momentum. Operating from its 31,000 sq ft facility in Centennial, Colorado, and serving a growing network of bakery and food manufacturer clients, the Company is primed to thrive in the plant-based ingredient space. Full details of Q3 2025 performance are available in the consolidated financial statements and MD&A, filed on SEDAR+ at www.sedarplus.ca.

About Nepra Foods Inc.

Nepra Foods is a vertically integrated innovator crafting allergen-free, plant-based ingredients. With a century of combined expertise, Nepra empowers food manufacturers worldwide with proprietary blends and technical know-how, making healthy eating both accessible and delicious. Visit www.neprafoods.com for more.

On Behalf of the Board of Directors

Billy Hogan, Chief Executive Officer

Investor Contact:
Toll-Free: 844-566-1917
Email: investors@neprafoods.com

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.

Contact Information

Billy Hogan
CEO
investors@neprafoods.com

SOURCE: Nepra Foods



View the original press release on ACCESS Newswire

FAQ

What was Nepra Foods (NPRFF) revenue growth in Q3 2025?

Revenue grew 25.3% to CAD $1.45M compared to Q3 2023, representing an increase of CAD $292,534.

How much did Nepra Foods (NPRFF) reduce its net loss in Q3 2025?

Net loss decreased by 45.4% to CAD $559,191, compared to CAD $1,024,206 in Q3 2023.

What was NPRFF's gross margin improvement in Q3 2025?

Gross margin expanded from 23.3% to 27.41%, with gross profit improving to CAD $397,580.

How much debt did Nepra Foods (NPRFF) retire in October 2024?

The company retired a CAD $232,765 SBA loan in October 2024.

What cost reductions did NPRFF achieve in Q3 2025?

Salaries decreased 8.1% to CAD $335,567 and R&D expenses reduced by 86.8% to CAD $12,682.
Nepra Foods

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