Fri, Jun 27, 10:02 AM (17 days ago)
**Summary of Earth Science Tech, Inc. (ETST) Annual Report (Fiscal Year Ended March 31, 2025)** **Financial Performance:** - **Revenue:** $33,117,624 (up 177% from $11,953,635 in 2024). - **Net Income:** $3,253,635 (up 312% from $812,139 in 2024). - **Gross Profit:** $24,300,136 (73% margin, up from 65% in 2024). - **Operating Expenses:** $20,852,178 (up 67% from $6,936,147 in 2024). - **Earnings per Share (EPS):** $0.011 (up from $0.003 in 2024). **Strategic Overview:** - **Subsidiaries:** RxCompound, Peaks, Avenvi, Mister Meds, ESF, Villas, DOC, and MagneChef. - **Acquisitions:** Acquired 100% of Villas, DOC, and an 80% interest in MagneChef. - **Licensure:** RxCompound and Mister Meds are licensed in multiple states, with ongoing expansion. **Future Outlook:** - **Growth:** Expansion of pharmacy and telehealth operations nationwide. - **Real Estate:** Avenvi's development and management of real estate assets. - **Consumer Products:** MagneChef's expansion of product lines. **Risk Factors:** - **Market Fluctuations:** Revenue and key metrics may vary quarterly and annually. - **Competition:** Faces competition from large, well-established healthcare providers. - **Regulatory Compliance:** Subject to extensive healthcare laws and regulations. - **Financial Condition:** History of net losses, with increasing expenses. **Market Position Changes:** - **Stock Performance:** Traded on the OTC Pink Market under the symbol "ETST." - **Share Repurchases:** Repurchased 14,583,916 shares for $1,465,837.70. **Financial Condition:** - **Cash and Cash Equivalents:** $1,473,228 (up from $697,721 in 2024). - **Total Assets:** $7,066,721 (up from $3,881,336 in 2024). - **Total Liabilities:** $3,215,610 (up from $1,632,031 in 2024). - **Stockholders' Equity:** $3,851,111 (up from $2,249,305 in 2024). **Conclusion:** Earth Science Tech, Inc. demonstrated significant growth in revenue and net income for the fiscal year ended March 31, 2025. The company's strategic acquisitions and expansions position it for continued growth, though it faces risks related to market fluctuations, competition, and regulatory compliance. The financial condition shows a strong increase in assets and equity, reflecting the company's growth and strategic investments.