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VITALITY ANNOUNCES SECOND QUARTER RESULTS AND HIRES ADDITIONAL STAFF TO SUPPORT SALES GROWTH
VITALITY ANNOUNCES SECOND QUARTER RESULTS AND HIRES ADDITIONAL STAFF TO SUPPORT SALES GROWTH ...
About this update from Vitality Products Inc.
[{"type":"text","content":"\n\n\n\n VITALITY ANNOUNCES SECOND QUARTER RESULTS AND HIRES ADDITIONAL STAFF TO SUPPORT SALES GROWTH\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n TSXV Trading Symbol:\n \n VPI\n \n\n\n VANCOUVER, BC\n \n ,\n \n Sept. 29, 2025\n \n /CNW/ - Vitality Products Inc. (TSXV: VPI) (the \"Company\" or \"Vitality\"), a manufacturer, marketer and distributor of premium vitamins and supplements, is pleased to report its financial results for the second quarter ended\n \n July 31, 2025\n \n .\n \n\n\n\n\n\n\n\n\n Year-Over-Year Financial Highlights:\n \n\n\n Sales increased 19%\n \n\n Gross Margin of 70%\n \n\n Net Loss decreased 56%\n \n\n\n Significantly, this is the third straight quarter of double-digit sales growth and decrease of net losses.  Sales of the Company's premium natural health products for the three months ended\n \n July 31, 2025\n \n increased 19% to\n \n $198,309\n \n (2024 -\n \n $166,161\n \n ).  The Company's gross margin on its sales for the three months ended\n \n July 31, 2025\n \n was\n \n $139,706\n \n or 70% of sales (2024 -\n \n $124,068\n \n or 75% of sales) as the Company continues to have strong gross margins due to the uniqueness of its natural health products.\n \n\n The financial performance of the Company for the three months ended\n \n July 31, 2025\n \n is highlighted by a 56% reduction in net loss as the Company continues to make significant strides towards its goal of profitability on a quarterly basis.  The financial results of the Company for the three months ended\n \n July 31, 2025\n \n show a net loss of\n \n $27,587\n \n or\n \n $0.00\n \n per share compared to a net loss of\n \n $61,995\n \n or\n \n $0.00\n \n per share for the same period last year.\n \n\n The Company's general selling expenses for the three months ended\n \n July 31, 2025\n \n increased to\n \n $25,287\n \n (2024 -\n \n $21,220\n \n ).  The Company's general and administrative expenses for the three months ended\n \n July 31, 2025\n \n decreased to\n \n $137,556\n \n (2024 -\n \...