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Nepra Foods Inc. Announces Filing of Annual Financial Statements and Management's Discussion and Analysis for the Year Ended March 31, 2025
VANCOUVER, BC / ACCESS Newswire / August 21, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra Foods" or the "Company"), a leading innovator in plant-based and allergen-free food and specialty ingredients, is pleased to announce that ...
About this update from Nepra Foods, Inc.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / August 21, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra Foods" or the "Company"), a leading innovator in plant-based and allergen-free food and specialty ingredients, is pleased to announce that it has filed its audited annual financial statements, management's discussion and analysis ("MD&A"), and related CEO and CFO certifications (collectively, the "Annual Filings") for the fiscal year ended March 31, 2025. The Annual Filings were filed on SEDAR on August 15, 2025, as required by the British Columbia Securities Commission ("BCSC"), and have been posted on the Canadian Securities Exchange ("CSE") and OTCQB websites.","length":747,"tagName":"p"},{"type":"text","content":"Further, the Company announces that the management cease trade order ("MCTO") issued by the BCSC on July 30, 2025, has been revoked effective August 18, 2025, following the filing of the Annual Filings.","length":212,"tagName":"p"},{"type":"text","content":"Key Financial Highlights for Fiscal Year 2025 (All figures in Canadian Dollars unless otherwise stated):","length":104,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenue Growth: Total revenue increased 50% to $6,253,768 compared to $4,161,354 in fiscal 2024, driven by new customer acquisitions and increased sales of high-margin starch products.","length":184,"tagName":"p"}]},{"val":[{"type":"text","content":"Fourth Quarter Performance: Q4 2025 revenue increased 203% to $2,291,391 from $755,148 in Q4 2024, reflecting strong demand and operational efficiencies.","length":153,"tagName":"p"}]},{"val":[{"type":"text","content":"Improved Gross Profit: Gross profit rose to $1,317,959 (21.07% margin) from $327,890 (7.88% margin) in fiscal 2024, benefiting from optimized product mix and cost management.","length":174,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":511,"olType":false},{"type":"text","content":""We are delighted to have completed our Annual Filings and resolved the MCTO, allowing us to refocus on executing our growth strategy," said William Hogan, CEO of Nepra Foods. "Fiscal 2025 marked a pivotal year with robust revenue expansion and margin improvements, underscoring our team's ability to deliver innovative, a...