Healthy Extracts Inc. (HYEX)
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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.
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.
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.
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Healthy Extracts Inc. Profile
| Specialty Retail Industry | Consumer Discretionary Sector | Donald Swanson CEO | OTC PINK Exchange | 42227D209 CUSIP |
| US Country | 22 Employees | - Last Dividend | 23 Jul 2018 Last Split | - IPO Date |
Overview
Healthy Extracts Inc. operates as a dynamic entity in the nutraceutical industry, with its efforts deeply rooted in the research, development, and marketing of plant-based nutritional supplements within the United States. This company intricately focuses on addressing various health concerns through its proprietary and patented products, specifically targeting heart, brain, and immune health. Initially known as Grey Cloak Tech Inc., it underwent a significant rebranding to Healthy Extracts Inc. in October 2020, marking a new era of commitment toward enhancing health and wellness through nature-derived solutions. Incorporated in 2014 and headquartered in Henderson, Nevada, Healthy Extracts has carved a niche for itself by leveraging the therapeutic potentials of natural extracts and advancing health technology for improved well-being.
Products and Services
At the core of Healthy Extracts Inc.'s offering is a meticulously curated range of nutraceutical products designed to cater to the holistic health needs of individuals. These include:
- Heart and Immune Health Products: This category comprises bergamot-based supplements available in both tablet and capsule forms. Bergamot, known for its heart health benefits, including cholesterol control and general cardiovascular support, plays a crucial role in the company's product lineup. The immune health supplements are designed to fortify the body's natural defenses, supporting overall health and well-being.
- Plant-based Health Technology Neuro-products: Focused on enhancing brain health, this segment includes supplements aimed at improving memory, cognition, focus, and neuro-energy. The integration of plant-based ingredients into neuro-enhancement products underscores Healthy Extracts Inc.'s commitment to leveraging natural resources for mental and cognitive health improvements.
