Healthy Choice Wellness (HCWC) Financial Statements

Price: $0.42465
Market Cap: $4.49M
Avg Volume: 232.82K
Country: US
Industry: Packaged Foods
Sector: Consumer Defensive
Beta: 1.65524
52W Range: $0.29-8.5
Website: Healthy Choice Wellness

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Healthy Choice Wellness.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$80.00M$80.00M$60.00M$60.00M$40.00M$40.00M$20.00M$20.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Operating Expenses
Operating Income
Operating Expenses & Income$40.00M$40.00M$30.00M$30.00M$20.00M$20.00M$10.00M$10.00M$0.00$0.00-$10.00M-$10.00M-$20.00M-$20.00M20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Revenue $69.37M $55.69M $29.01M $11.24M $11.46M
Cost of Revenue $42.31M $35.34M $18.93M $7.19M $7.11M
Gross Profit $27.07M $20.35M $10.08M $4.05M $4.35M
Gross Profit Ratio 39.02% 36.54% 34.76% 36.02% 37.97%
Research and Development Expenses $- $- $- $- $-
General and Administrative Expenses $28.47M $24.20M $14.11M $- $-
Selling and Marketing Expenses $581.36K $564.40K $145.00K $- $-
Selling General and Administrative Expenses $29.05M $24.77M $14.25M $5.81M $5.58M
Other Expenses $-205.15K $6.10M $- $- $380.65K
Operating Expenses $28.84M $30.87M $14.25M $5.81M $5.96M
Cost and Expenses $71.15M $66.21M $33.18M $13.00M $13.07M
Interest Income $- $- $- $- $-
Interest Expense $848.65K $- $- $- $-
Depreciation and Amortization $1.58M $1.43M $1.00M $458.21K $502.15K
EBITDA $-406.17K $-2.99M $-3.16M $-1.31M $-727.05K
EBITDA Ratio -0.59% -5.37% -10.91% -11.64% -6.34%
Operating Income $-1.78M $-10.52M $-4.17M $-1.77M $-1.61M
Operating Income Ratio -2.56% -18.90% -14.37% -15.71% -14.05%
Total Other Income Expenses Net $-2.73M $591.45K $844.91K $-47.19K $-71.34K
Income Before Tax $-4.51M $-9.93M $-3.32M $-1.81M $-1.68M
Income Before Tax Ratio -6.50% -17.84% -11.45% -16.13% -14.67%
Income Tax Expense $- $- $- $- $-
Net Income $-4.51M $-9.93M $-3.32M $-1.81M $-1.68M
Net Income Ratio -6.50% -17.84% -11.45% -16.13% -14.67%
EPS $-0.48 $-1.08 $0.00 $0.00 $0.00
EPS Diluted $-0.48 $-1.08 $0.00 $0.00 $0.00
Weighted Average Shares Outstanding 9.40M 9.23M - - -
Weighted Average Shares Outstanding Diluted 9.40M 9.23M - - -
SEC Filing Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$36.00M$36.00M$27.00M$27.00M$18.00M$18.00M$9.00M$9.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Equity$16.00M$16.00M$12.00M$12.00M$8.00M$8.00M$4.00M$4.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Cash and Cash Equivalents $2.06M $1.42M $2.02M $356.37K $82.00K
Short Term Investments $- $- $- $- $-
Cash and Short Term Investments $2.06M $1.42M $2.02M $356.37K $82.00K
Net Receivables $509.76K $128.17K $55.23K $28.35K $13.57K
Inventory $6.45M $4.16M $3.75M $1.33M $1.44M
Other Current Assets $695.16K $231.81K $371.89K $52.12K $52.35K
Total Current Assets $9.71M $5.94M $6.20M $1.77M $1.59M
Property Plant Equipment Net $16.21M $14.09M $13.64M $3.60M $4.02M
Goodwill $2.21M $- $5.75M $916.00K $916.00K
Intangible Assets $5.44M $4.18M $4.78M $697.66K $974.33K
Goodwill and Intangible Assets $7.65M $4.18M $10.53M $1.61M $1.89M
Long Term Investments $- $- $- $- $-
Tax Assets $- $- $- $- $-
Other Non-Current Assets $543.37K $4.22M $2.79M $1.45M $2.07M
Total Non-Current Assets $24.41M $22.49M $26.96M $6.66M $7.98M
Other Assets $- $- $- $- $-
Total Assets $34.11M $28.43M $33.15M $8.42M $9.58M
Account Payables $5.13M $4.41M $3.12M $324.89K $634.14K
Short Term Debt $5.73M $3.45M $2.77M $325.66K $584.59K
Tax Payables $- $- $- $- $-
Deferred Revenue $- $- $- $- $-
Other Current Liabilities $1.08M $721.62K $1.34M $70.69K $52.32K
Total Current Liabilities $11.94M $8.58M $7.23M $721.24K $1.27M
Long Term Debt $19.79M $10.86M $10.42M $2.68M $3.52M
Deferred Revenue Non-Current $- $- $- $- $-
Deferred Tax Liabilities Non-Current $- $- $- $- $-
Other Non-Current Liabilities $- $- $- $- $-
Total Non-Current Liabilities $19.79M $10.86M $10.42M $2.68M $3.52M
Other Liabilities $- $- $- $- $-
Total Liabilities $31.73M $19.44M $17.65M $3.40M $4.79M
Preferred Stock $- $- $- $- $-
Common Stock $9.82K $8.99M $15.51M $5.03M $4.78M
Retained Earnings $-730.91K $- $- $- $-
Accumulated Other Comprehensive Income Loss $- $- $- $- $-
Other Total Stockholders Equity $3.10M $- $- $- $-
Total Stockholders Equity $2.38M $8.99M $15.51M $5.03M $4.78M
Total Equity $2.38M $8.99M $15.51M $5.03M $4.78M
Total Liabilities and Stockholders Equity $34.11M $28.43M $33.15M $8.42M $9.58M
Minority Interest $- $- $- $- $-
Total Liabilities and Total Equity $34.11M $28.43M $33.15M $8.42M $9.58M
Total Investments $1 $- $- $- $-
Total Debt $25.52M $14.32M $13.18M $3.00M $4.11M
Net Debt $23.46M $12.89M $11.16M $2.65M $4.03M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$0.00$0.00-$3.00M-$3.00M-$6.00M-$6.00M-$9.00M-$9.00M-$12.00M-$12.00M20212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Financing Cash Flow$15.00M$15.00M$12.00M$12.00M$9.00M$9.00M$6.00M$6.00M$3.00M$3.00M$0.00$0.0020212021Jul '21Jul '2120222022Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '2420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020
Net Income $-4.51M $-9.93M $-3.32M $-1.81M $-1.68M
Depreciation and Amortization $4.85M $4.00M $2.05M $830.66K $859.53K
Deferred Income Tax $- $- $- $- $-
Stock Based Compensation $- $- $- $- $-
Change in Working Capital $-8.68M $-5.94M $-4.11M $-223.27K $-3.38M
Accounts Receivables $-394.52K $-88.37K $-26.88K $-14.78K $10.18K
Inventory $-2.38M $-2.03M $-1.47M $-530.87K $-337.21K
Accounts Payables $- $- $- $- $-
Other Working Capital $-5.91M $-3.82M $-2.61M $322.38K $-3.05M
Other Non Cash Items $5.27M $9.35M $4.02M $353.22K $2.22M
Net Cash Provided by Operating Activities $-3.06M $-2.53M $-1.37M $-852.00K $-1.98M
Investments in Property Plant and Equipment $-251.79K $-179.62K $-387.49K $-53.44K $-22.51K
Acquisitions Net $-5.47M $-750.00K $-10.29M $-75.00K $-
Purchases of Investments $- $- $- $- $-
Sales Maturities of Investments $- $- $- $- $-
Other Investing Activities $749.00K $- $- $- $-
Net Cash Used for Investing Activities $-4.98M $-929.62K $-10.68M $-128.44K $-22.51K
Debt Repayment $4.96M $-558.10K $-88.82K $-803.40K $-344.75K
Common Stock Issued $- $- $- $- $-
Common Stock Repurchased $- $- $- $- $-
Dividends Paid $- $- $- $- $-
Other Financing Activities $3.71M $3.42M $13.80M $2.06M $1.84M
Net Cash Used Provided by Financing Activities $8.68M $2.86M $13.71M $1.25M $1.50M
Effect of Forex Changes on Cash $- $- $- $- $-
Net Change in Cash $633.89K $-597.99K $1.66M $274.37K $82.00K
Cash at End of Period $2.06M $1.42M $2.02M $356.37K $82.00K
Cash at Beginning of Period $1.42M $2.02M $356.37K $82.00K $-
Operating Cash Flow $-3.06M $-2.53M $-1.37M $-852.00K $-1.98M
Capital Expenditure $-251.79K $-179.62K $-387.49K $-53.44K $-22.51K
Free Cash Flow $-3.32M $-2.70M $-1.76M $-905.43K $-2.00M