![]() The Company markets its Q-Cup ™ technology under the vape segment. The Company also sells vitamins and supplements on its website. and Paradise Health and Nutrition, stores that 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 through its wholly owned subsidiary Healthy Choice Markets 2, LLC. The Company also operates Ada’s Natural Market, a natural and organic grocery store, through its wholly owned subsidiary Healthy Choice Markets, Inc. The Company currently operates six retail vape stores in the Southeast region of the United States, through which it offers e-liquids, vaporizers and related products. Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio. ![]() ( is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Importantly, we are committed to building a nimble and scalable business model to support long-term, sustainable growth for Healthier Choices Management Corp.” Holman concluded, “The progress to date, including our solid second quarter results, gives us continued belief in our direction. Holman went on to comment, “Our strategic vision for our company remains clear, and with our strong cash position we are excited at the prospect of utilizing a portion of the proceeds from our recent capital raise to implement our growth initiatives.” Our team delivered gross profit growth as well as a noteworthy improvement in our adjusted EBITDA results for the quarter.” Jeffrey Holman, Chairman and Chief Executive Officer of Healthier Choices Management Corp., said, “We are both pleased and proud of our performance in the second quarter. Adjusted EBITDA for the six-month period ended June 30, 2021, improved by approximately $177,000 or 16% versus the same period last year. For the six-month period ended June 30, 2021, net loss from continuing operations amounted to $1.2 million versus $1.5 million an improvement of approximately $242,000 or 17% from the same period last year.Īdjusted EBITDA for the three-month period ended Jimproved by approximately $136,000 or 20% compared to the same period last year. Net loss from operations for the three-months period ended June 30, 2021, was approximately $685,000 compared to $795,000 an improvement of approximately $110,000 or 14% from the same period last year. For the six-month period ended June 30, 2021, gross profit amounted to $3.0 million versus $3.1 million for the same period last year, a decrease of $127,000. Gross profit from operations increased by approximately $90,000 for the three-month period ended Jamounting to $1.5 million, compared to $1.4 million for the same period last year a 7% increase. Second Quarter 2021 Results and Year-to-Date Highlights:
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