Nepra Foods Reports Q2 2025 Financial Results

Nepra Foods Inc. announced its fiscal Q2 2025 financial performance, posting a revenue increase to CAD$1,206,000 from CAD$886,000 year-over-year. The gross profit also rose by CAD$239,000, marking an 18.5% improvement attributed to optimized raw material purchases and increased blending revenues.

The company reported a net income of CAD$81,000, a significant turnaround from the CAD$860,422 loss in the previous quarter. This positive shift stems from a CAD$708,748 lease modification gain, marking the first net income in seven quarters.

Notable events this quarter include converting a CAD$1,335,111 loan to 26,445,572 common shares and appointing William Hogan as CEO. Additionally, Nepra renegotiated an equipment lease and secured a CAD$495,854 loan from Hogan.

Management emphasizes ongoing cost-cutting measures and strategic market focus as key drivers of their improved financial health.