CENTENNIAL, CO / ACCESS Newswire / February 27, 2026 / Nepra Foods Inc. (CSE:NPRA)(OTCQB:NPRFF) ("Nepra" or the "Company"), a vertically integrated gluten-free and better-for-you specialty ingredient and consumer products company, today announced its financial results for the three and nine months ended December 31, 2025. All figures are in Canadian dollars unless otherwise noted.
Three-Month Highlights (Q3 vs. prior-year Q3):
Revenue increased 54% to $2,231,708 from $1,450,641 driven by higher sales and consumer product formulation development to new and existing customers.
Gross profit rose 60% to $636,730 (28.6% margin) from $397,580 (27.4% margin).
The Company recorded net income of $84,966 compared with a net loss of $559,191
Nine-Month Highlights (vs. prior-year nine months):
Revenue grew 51% to $5,973,147 from $3,962,377,
Gross profit more than doubled to $1,855,624 (31.1% margin) from $910,868 (23.0% margin).
Operating expenses decreased 18% to $2,208,875 from $2,688,194.
Net loss narrowed 22% to $1,038,304 from $1,338,344.
Cash flow from operating activities turned positive at $57,156 compared with an outflow of $988,945 a $1.04 million improvement year-over-year.
Billy Hogan, Chief Executive Officer, commented: "We delivered our strongest quarter to date with the first net income in Company history and positive operating cash flow for the nine-month period. Revenue of $5.97 million for the first nine months, up 51% year-over-year, combined with the more than doubling of gross profit. This demonstrates that our expertise in developing technical and creative formulations is enabling our commercial customers to launch innovative new allergen-free CPG products, perfectly aligned with today's healthier eating trends. While we remain focused on further strengthening our balance sheet, these results mark clear progress toward sustainable profitability."
The unaudited condensed consolidated interim financial statements and MD&A for the three and nine months ended December 31, 2025 are available on SEDAR+ at www.sedarplus.ca and on the Company's website at www.neprafoods.com.
About Nepra Foods Inc.
Nepra Foods is a specialty food company focused on innovative and proprietary allergen and gluten-free food ingredient technologies. The company supports food manufacturers globally with formulations, ingredients, and technical support to produce the next generation of healthy, nutritious foods. For more information on the company, visit www.neprafoods.com.
Media Contact & Investor Contact
William Hogan, CEO
Email: investors@neprafoods.com
Investor Relations
Toll-Free: 844-566-1917
The CSE has neither approved nor disapproved the contents of this news release. The CSE does not accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statement
This news release contains statements and information that, to the extent that they are not historical fact, constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information, including, but not limited to, statements relating to the Company's financial performance, business development, results of operations, and those listed in filings made by the Company with the Canadian securities regulatory authorities (which may be viewed at www.sedarplus.ca). Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking statement speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. The Company does not undertake any obligation to update any forward-looking information to reflect information, events, results, circumstances or otherwise after the date hereof or to reflect the occurrence of unanticipated events, except as required by law including securities laws.
SOURCE: Nepra Foods
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/food-and-beverage-products/nepra-foods-inc.-achieves-first-quarterly-net-income-in-company-history-1142276
