- Healthy Extracts Inc. (HYEX, Financial) reported a record Q1 2025 revenue of $931,000, marking a 35% YoY increase.
- Significant growth in subscription-based customers, with direct-to-consumer up 83% and Amazon "Subscribe & Save" up 81%.
- Maintains 2025 revenue guidance of over $4.2 million, indicating more than 34% growth.
Healthy Extracts Inc. (HYEX) announced impressive financial results for the first quarter of 2025, achieving a record net revenue of $931,000. This marks a 35% rise compared to the same period last year and a 21% sequential increase. The growth is attributed to expanding product lines and distribution channels, alongside a substantial boost in subscription-based recurring revenues.
The company saw a notable uptick in its subscription service, with direct-to-consumer subscriptions escalating by 83% and Amazon's "Subscribe & Save" customers growing by 81% year-over-year. These subscriptions have not only enhanced recurring revenue streams but have also improved customer engagement and retention, extending customer lifetime value.
Operational highlights include the launch of the WHITNEY JOHNSâ„¢ Gut Health Strawâ„¢, an innovative fiber pre- and probiotic delivery system developed in collaboration with fitness influencer Whitney Johns. This product is part of a strategic partnership with Lelantos Fibre, which enables Healthy Extracts to produce exclusive nutrient-infused straw formulations efficiently and cost-effectively.
Looking ahead, Healthy Extracts maintains its forecast for 2025 revenue to exceed $4.2 million, representing over 34% growth from 2024. The company plans multiple new product launches throughout the year, targeting key health areas like heart health, sugar control, and hydration solutions. The strategic developments are expected to capitalize on the expanding global functional foods and beverage market, projected to surpass $793 billion by 2032.