Earth Science Tech Inc. (OTC: ETST) reported its financial results for the fiscal year ended March 31, 2026, showcasing growth across key metrics as the company continues to execute its diversified holding company strategy. The company, which acquires and manages businesses in pharmaceuticals, real estate, telemedicine, healthcare services, and other industries, announced an 8% increase in revenue to $35.7 million, up from $33.1 million in the prior fiscal year.
Gross profit rose 5% to $25.5 million compared to $24.3 million, while net income increased 11% to $3.6 million from $3.3 million. Total assets grew by 27% to $9 million, up from $7.1 million. These results reflect the company's ability to generate sustainable growth across its portfolio companies.
CEO Giorgio R. Saumat commented on the results, stating, “Our fiscal 2026 results reflect the meaningful progress we have made over the last several years to build a business that is durable, self-sustaining and positioned for long-term growth.” He attributed the performance to the work done to strengthen the company's operations and financial position.
The results underscore the potential of Earth Science Tech's holding company model, which allows it to diversify risk and capitalize on opportunities across multiple sectors. For investors, the increase in net income and total assets signals improved financial health and potential for future expansion. The company's ability to grow revenue and profitability in a challenging economic environment highlights the resilience of its business strategy.
Earth Science Tech's newsroom provides updates on company developments at https://ibn.fm/ETST. The full financial details are available in the company's press release at https://ibn.fm/xRoIz.
