Earth Science Tech, Inc. (OTC: ETST) announced fiscal first-quarter 2027 results that show a significant boost in profitability, with net income rising 57% year-over-year to $715,697. The company’s revenue reached $9.0 million, a 3% increase from the same period last year, while gross profit climbed to $6.3 million. These figures underscore the company’s continued momentum in the health and wellness sector.
Operating cash flow more than doubled to $707,131, and total assets grew to $10.4 million, reflecting a solid balance sheet. Diluted earnings per share improved to $0.003 from $0.001 in the prior-year period. Notably, the company repurchased and retired over 3.7 million common shares during the quarter without incurring additional debt, a move that signals confidence in its financial position and commitment to shareholder value.
The company attributed its performance to the profitability of all key operating subsidiaries. It continues to expand the licensing footprint of its compounding pharmacy operations across the United States and is evaluating opportunities to broaden its telehealth and pharmacy fulfillment platforms. This strategic focus aims to create a seamlessly integrated healthcare experience from consultation to delivery, leveraging its specialized subsidiaries.
Management is set to discuss these results and strategic initiatives at the annual shareholder meeting scheduled for Aug. 31, 2026. Investors will vote on proposals including the cancellation of the company’s Series B Preferred Stock, a move that could simplify the capital structure. Additionally, shareholders will hear updates on a potential exchange uplisting, which is aimed at improving liquidity and market visibility.
The company’s diversified holding structure, which combines compounding pharmacy, telemedicine, clinical support, and direct-to-patient fulfillment, positions it to capitalize on the growing demand for integrated healthcare services. Its investments in real estate and asset management further support its operations, providing a stable foundation for growth.
Earth Science Tech’s strong quarterly performance comes at a time when investors are increasingly focused on companies with solid fundamentals and clear growth trajectories. The reported increase in net income and operating cash flow, alongside a substantial share buyback, underscores the company’s operational efficiency and strategic capital management.
For more details, the full press release is available at https://ibn.fm/WHicW. The company’s latest news and updates can be found in its newsroom at https://ibn.fm/ETST.
