Earth Science Tech, Inc. (OTC: ETST) reported financial results for the fiscal year ended March 31, 2026, showcasing revenue growth and higher earnings. The company posted revenue of $35.7 million, an 8% increase from the prior year, and gross profit of $25.5 million, up 5%. Net income rose 11% to $3.6 million compared with fiscal 2025.
The company's total assets increased 27% year over year to $9.0 million, reflecting its ongoing expansion of an integrated healthcare platform that encompasses telemedicine, pharmacy, and fulfillment services. Management emphasized a disciplined capital allocation strategy, noting that Earth Science Tech repurchased and retired more than 4 million shares during fiscal 2026 and over 7.1 million shares through fiscal 2026 and subsequent periods.
The company highlighted that it generated positive operating cash flow and strengthened its balance sheet without incurring additional debt. Looking ahead, management remains focused on growth initiatives, product expansion, and continued share repurchases as it enters fiscal 2027.
For the full press release, visit https://ibn.fm/NpjTw. The latest news and updates relating to ETST are available in the company’s newsroom at https://ibn.fm/ETST.
