Earth Science Tech, Inc. (OTC: ETST) reported financial results for the fiscal year ended March 31, 2026, showing steady growth across key metrics. The company achieved revenue of $35.7 million, an 8% increase from the prior year, driven by expansion in its integrated healthcare platform. Gross profit rose 5% to $25.5 million, while net income reached $3.6 million, an 11% improvement compared with fiscal 2025. Total assets grew 27% year over year to $9.0 million, reflecting the company's continued investment in telemedicine, pharmacy, and fulfillment services.
The company highlighted its capital allocation strategy, noting that it repurchased and retired more than 4 million shares during fiscal 2026 and over 7.1 million shares through fiscal 2026 and subsequent periods. Management emphasized that the company generated positive operating cash flow and strengthened its balance sheet without adding debt. As it enters fiscal 2027, Earth Science Tech remains focused on growth initiatives, product expansion, and continued share repurchases.
For more details, the full press release is available at https://ibn.fm/NpjTw.
