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Net sales from operations for the three-month period ended June 30, 2022, amounted to $6.1 million, compared to $3.4 million, an approximately $2.7 million and 81.1% increase versus the same period in 2021.
Gross margin from operations increased by approximately $0.9 million for the three-month period ended June 30, 2022, amounting to $2.3 million, compared to $1.5 million for the same period in 2021, a 59.3% year-over-year increase.
Loss from operations for the three-month period ended June 30, 2022, amounted to approximately $1.4 million versus $0.7 million for the same period last year. It should be noted that over $0.5 million in non-recurring expenses were incurred during the three-month period ended June 30, 2022. The balance of the prior year variance is primarily attributable to the closure of the retail stores in the vapor segment.
Net sales from operations for the six-month period ended June 30, 2022, amounted to a record $11.2 million, compared to $6.9 million, an approximately $4.3 million and a record 63.2% increase versus the same period in 2021.
Gross margin from operations increased by approximately $1.3 million for the six-month period ended June 30, 2022, amounting to a record $4.3 million, compared to $3.0 million for the same period in 2021, a 45.7% year-over-year increase.
www.Adasmarket.comAda’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items ()
www.ParadiseHealthDirect.comParadise Health & Nutrition’s three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, ()
www.MotherEarthStorehouse.com
Mother Earth’s Storehouse, a two-store organic and health food and vitamin chain in New York’s Hudson Valley, which has been in existence for over 40 years. ()
www.Eirhydration.comwww.HealthyChoiceWellness.comHealthy Choice Wellness Center (Roslyn Heights, NY) a corporately owned IV therapy center offering multiple IV drip “cocktails” for clients to choose from. These cocktails are designed to help boost immunity, fight fatigue and stress, reduce inflammation, enhance weight loss, and efficiently deliver antioxidants and anti-aging mixes. Additionally, there are cocktails for health, beauty, and re-hydration. (, though rebranded website )
www.HealthyChoiceWellness.comThe Company also has a licensing agreement for a Healthy Choice Wellness Center at the Casbah Spa and Salon in Fort Lauderdale, FL, offering essentially the same services as the Roslyn Heights, NY location. (Grand Opening and Website )
