Nepra Foods Sees Significant Growth in Q1 2026 Financials

Nepra Foods Inc. has reported a significant increase in revenue and margins for Q1 2026, according to its latest financial results. The company's revenue reached CAD$1.82 million, marking a 39% increase compared to the previous year. Enhanced starch product sales and new customer acquisitions are attributed to this growth trend. Gross profit also improved dramatically, escalating by 141% to CAD$0.56 million, driven by cost-effective sales and lucrative blending services, resulting in a margin rise from 18% to 31%.

Moreover, Nepra reduced its net loss by 60%, now standing at CAD$0.34 million due to decreased operating expenses. Reflecting on these results, CEO Billy Hogan emphasized the company's resilience and commitment to profitability within the gluten-free and functional foods sector. Further details on Nepra's performance can be found in the comprehensive financial statements available on SEDAR.