Earth Science Tech, Inc. (OTC: ETST) has reported its fiscal first-quarter 2027 financial results, revealing a 57% year-over-year increase in net income to $715,697. The company's revenue reached $9.0 million, a 3% rise from the prior-year period, while gross profit climbed to $6.3 million. Operating cash flow more than doubled to $707,131, and total assets expanded to $10.4 million. Diluted earnings per share improved to $0.003 from $0.001, reflecting enhanced profitability.
During the quarter, the company repurchased and retired over 3.7 million common shares without incurring additional debt, a move that underscores management's confidence in the company's financial health and commitment to shareholder value. All key operating subsidiaries remained profitable, contributing to the overall positive performance.
The company continues to expand the licensing footprint of its compounding pharmacy operations across the United States, while also evaluating opportunities to broaden its telehealth and pharmacy fulfillment platforms. These strategic initiatives are part of Earth Science Tech's broader vision to build a vertically integrated healthcare platform that seamlessly combines patient care from consultation to fulfillment.
Management will discuss these results and future plans at the annual shareholder meeting scheduled for August 31, 2026. Investors will vote on proposals including the cancellation of the company's Series B Preferred Stock and will receive updates on a potential exchange uplisting aimed at improving liquidity and market visibility.
The strong quarterly performance and strategic actions signal Earth Science Tech's robust operational execution and its potential for sustained growth in the health and wellness sector. As the company continues to expand its compounding pharmacy licensing and explore new avenues for its telehealth and fulfillment platforms, it is positioning itself to capitalize on the growing demand for integrated healthcare services.
For more information, visit the company's newsroom at https://ibn.fm/ETST.
