Earth Science Tech Reports 57% Increase in Fiscal First-Quarter Net Income, Signaling Strong Growth in Health and Wellness Sector

Earth Science Tech, Inc. (OTC: ETST) has announced its fiscal first-quarter 2027 financial results, revealing a notable 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 increased to $10.4 million. Diluted earnings per share improved to $0.003 from $0.001, reflecting enhanced profitability.

The company also repurchased and retired over 3.7 million common shares during the quarter without incurring additional debt, demonstrating a commitment to shareholder value. All key operating subsidiaries remained profitable, and the company continues to expand the licensing footprint of its compounding pharmacy operations across the United States. Management is also evaluating opportunities to broaden its telehealth and pharmacy fulfillment platforms, positioning the company for future growth.

These results underscore the company's strong financial health and strategic direction. The increase in net income and cash flow indicates effective operational management and a growing demand for its integrated healthcare services. The company's focus on vertical integration—combining compounding pharmacy, telemedicine, and direct-to-patient fulfillment—provides a competitive edge in the health and wellness sector.

Investors will have the opportunity to learn more about the company's strategic initiatives at the annual shareholder meeting scheduled for Aug. 31, 2026. During the meeting, shareholders will vote on proposals including the cancellation of the Series B Preferred Stock, which could simplify the company's capital structure. Additionally, management will provide updates on a potential exchange uplisting aimed at improving liquidity and market visibility.

The announcement comes at a time when the health and wellness industry is experiencing significant growth, driven by increased consumer focus on preventive care and personalized medicine. Earth Science Tech's integrated platform positions it well to capitalize on these trends. The company's ability to generate strong financial results while expanding its operational footprint bodes well for its long-term prospects.

For more details, the full press release is available at https://ibn.fm/WHicW.

Earth Science Tech operates as a diversified holding company in the health and wellness sector, with a strategy to build a vertically integrated healthcare platform. The company's core value proposition is the seamless integration of patient care, from consultation to fulfillment, through its specialized subsidiaries. The latest news and updates regarding ETST can be found in the company's newsroom at https://ibn.fm/ETST.

The company's performance in the first quarter of fiscal 2027 demonstrates its ability to execute on its strategic plan and deliver value to shareholders. With a strong balance sheet, growing revenue, and a clear vision for expansion, Earth Science Tech is poised to continue its upward trajectory in the health and wellness market.