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Nepra Foods reported a 50.3% revenue rise and reduced losses, citing cost control and debt reduction.
Nepra Foods Inc. clarified its recent financial report for the fiscal year ended March 31, 2025, addressing concerns that percentage changes were shared without baseline figures.
The company reported a 50.3% revenue increase to CAD$6.25 million, a 48.5% reduction in net loss to CAD$2.34 million, a 12.3% drop in operating expenses, and a 29.9% decline in lease liabilities.
These improvements are attributed to cost management, debt reduction, and efforts to achieve profitability.
The company is advancing board restructuring, pursuing new revenue streams, and investing in long-term R&D.
Investors are encouraged to review the full audited financial statements and management’s discussion on SEDAR+ for a complete picture.
Nepra Foods informó un aumento de ingresos del 50,3% y redujo las pérdidas, citando el control de costos y la reducción de la deuda.