Business
Nepra Foods Inc. Reports Q2 Fiscal 2026 Financial Results with Continued Revenue Growth
VANCOUVER, BC / ACCESS Newswire / December 3, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra" or the "Company"), a vertically integrated plant-based food and specialty ingredient company focused on innovative, proprietary allergen- ...
About this update from Nepra Foods, Inc.
[{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / December 3, 2025 / Nepra Foods Inc. (CSE:NPRA)(FSE:2P6)(OTCQB:NPRFF) ("Nepra" or the "Company"), a vertically integrated plant-based food and specialty ingredient company focused on innovative, proprietary allergen- and gluten-free solutions, today announced its financial results for the three and six months ended September 30, 2025 (Q1 and Q2 of fiscal 2026). The unaudited condensed consolidated interim financial statements and management's discussion and analysis ("MD&A") have been filed on SEDAR+ (www.sedarplus.ca).","length":596,"tagName":"p"},{"type":"text","content":"For the six-month period ended September 30, 2025, Nepra reported total revenue of $3,741,439 CAD ($2.73 million USD, based on average exchange rates for the period), representing a 49% increase compared to $2,511,736 CAD ($1.84 million USD) for the same period in fiscal 2025 and a 60% increase from Q1. This growth was primarily driven by expanded sales of the Company's core custom starch ingredients and plant proteins to key commercial customers for gluten-free and better for you consumer food products.","length":513,"tagName":"p"},{"type":"text","content":"Gross profit for the six-month period rose to $1,218,894 CAD ($890,000 USD), up from $513,288 CAD ($376,000 USD) in the prior year, reflecting improved operational efficiencies and a higher gross margin of 33% compared to 20% in the six months ended September 30, 2024. These enhancements stem from optimized production processes and better sourcing of raw materials, which have helped mitigate input cost pressures in the plant-based ingredients market.","length":454,"tagName":"p"},{"type":"text","content":"For the three-month period ended September 30, 2025 (Q2 fiscal 2026), revenue totaled $1,925,448 CAD ($1.41 million USD), a 60% increase from $1,206,553 CAD ($884,000 USD) in Q2 fiscal 2025. Gross profit was $661,144 CAD ($483,000 USD), with a margin of 34%, compared to $281,712 CAD ($206,000 USD) and a 23% margin in the prior-year quarter.","length":342,"tagName":"p"},{"type":"text","content":"The increased net loss for the quarter was primarily due to non-cash fair value adjustments of USD-denominated outstanding warrants and the absence of the one-time gains from debt settlement and lease forgiveness in the prior period. Cash po...