TSXV Trading Symbol: VPI
VANCOUVER, BC, June 30, 2025 /CNW/ – Vitality Products Inc. (TSXV:VPI) (the “Company” or “Vitality”), a manufacturer, marketer and distributor of premium vitamins and supplements, is pleased to report its financial results for the first quarter ended April 30, 2025.
Year-Over-Year Financial Highlights:
- Sales increased 19%
- Gross Margin of 71%
- Net Loss decreased 92%
Sales of the Company’s premium natural health products for the three months ended April 30, 2025 increased 19% to $234,418 (2024 – $196,879). The Company’s gross margin on its sales for the three months ended April 30, 2025 was $167,343 or 71% of sales (2024 – $141,662 or 72% of sales) as the Company continues to have strong gross margins due to the uniqueness of its natural health products.
The financial performance of the Company for the three months ended April 30, 2025 is highlighted by a 92% reduction in net loss as the Company continues to make significant strides towards its goal of profitability on a quarterly basis. The …