Healthy Extracts Inc. specializes in developing and distributing plant-based nutraceutical products targeting heart, brain, and immune health.

# Healthy Extracts Inc. - Company Overview

## Business Focus
Healthy Extracts Inc. is a nutraceutical company that specializes in acquiring, developing, patenting, marketing, and distributing plant-based health and performance products. The company primarily targets high-growth segments within the multibillion-dollar nutraceutical market, focusing particularly on heart, brain, and immune health.

## Products and Subsidiaries
The company operates through two main subsidiaries:

1. **Bergamet NA, LLC** (founded in 2019)
   - Focus: Nutraceutical products targeting heart and immune health.
   - Offers proprietary formulations based on Citrus Bergamot SuperFruit.

2. **Ultimate Brain Nutrients, LLC (UBN)** (founded in 2020)
   - Focus: Nutraceutical products for brain health and cognitive function.
   - Products aim to enhance memory, cognition, and focus.

## Market Overview
- The overall nutraceutical market is growing at a **7.8% CAGR** and is expected to reach **$441 billion by 2026**. 
- The heart health ingredient market, featuring the company's BergaMet products, is projected to grow at a **4.6% CAGR**, reaching **$55.3 billion by 2027**.
- The brain health market associated with UBN products is anticipated to grow at **9.4% CAGR**, expected to reach **$15.7 billion by 2030**.

## Financial Performance
- **Revenue**: 
  - The company recorded revenues of **$3,113,279** for the year ended December 31, 2024, compared to **$2,485,866** in the previous year (2023), marking a **25% increase**.

- **Cost of Revenue**:
  - For 2024, cost of revenue was **$1,201,959**, leading to a **gross profit** of **$1,911,320**.

- **Operating Expenses**: 
  - Total operating expenses were **$2,094,469** in 2024, down from **$3,865,654** in 2023.

- **Net Income (Loss)**:
  - The company reported a net loss of **$(840,671)** for the year ended December 31, 2024, compared to **$(2,472,931)** in 2023.

## Customer Base and Workforce
- **Customers**: The company has a customer base that includes consumers looking for nutraceutical products for heart and brain health. Specific customer numbers are not detailed, but they include retail sales channels such as Amazon, Walmart, and health stores.
- **Employees**: Healthy Extracts employs two full-time officers at the corporate level with additional full-time employees at its subsidiaries:
   - Two full-time employees at Bergamet.
   - UBN uses outside contractors as needed.

## Summary
Healthy Extracts Inc. is strategically positioned in the nutraceutical market, leveraging proprietary products aimed at heart, brain, and immune health. With a focus on increasing revenue through direct consumer sales, the company's financial trajectory shows improvement, although it faces challenges in achieving profitability. The company is reliant on ongoing capital investment to support its operations and growth.

Healthy Extracts Inc. specializes in plant-based nutraceuticals aimed at enhancing heart, brain, and immune health, operating through its subsidiaries, Bergamet and Ultimate Brain Nutrients.

# Summary of Healthy Extracts Inc.

## Business Overview
Healthy Extracts Inc. is a company that focuses on the acquisition, development, patenting, marketing, and distribution of plant-based nutraceuticals. Their product offerings primarily target specific health benefits in areas such as heart health, brain health, and immune support. The company operates under two main subsidiaries:

- **Bergamet NA, LLC**: Specializes in nutraceuticals aimed at heart and immune health.
- **Ultimate Brain Nutrients, LLC (UBN)**: Focuses on brain health supplements.

The company's foundational philosophy is rooted in the belief that natural substances can help prevent and treat health issues, aligning with Hippocrates’ idea of letting food serve as medicine.

### Market Position and Growth
Healthy Extracts operates in the rapidly expanding nutraceuticals market, which is anticipated to grow at a compound annual growth rate (CAGR) of 7.8%, reaching $441 billion by 2026. Key market drivers include:
- Aging populations
- Increasing consumer preference for preventative healthcare
- Demand for alternatives to prescription medications

### Products
Healthy Extracts' principal products include formulations derived from **Citrus Bergamot SuperFruit™**, which has garnered research-backed claims for supporting heart health and addressing metabolic syndromes. They also offer brain health formulations developed over two decades, which have been supported by third-party research studies.

The following are key products from their subsidiaries:
- **Bergamet Products** (e.g., BergaMet PRO+, BergaMet Mega+O)
- **UBN Products** (e.g., UBN ACTIVATE, UBN RELIEF for migraines)

### Financial Performance
- **Revenue**: In 2023, the company reported revenues of **$2,485,866**, an increase from **$2,251,469** in 2022.
- **Cost of Revenue**: The cost of revenue in 2023 was **$864,055**, down from **$879,951** in 2022.
- **Net Loss**: The net loss for 2023 was **$2,472,931**, compared to a loss of **$983,121** in 2022. Cumulatively, the company has reported a net loss of **$18,399,673** since its inception.

### Operational Insights
- **Employees**: The company currently employs a minimal workforce, primarily consisting of the following:
  - Two full-time employees at the Healthy Extracts holding company level.
  - Two full-time employees at the Bergamet subsidiary.
  - UBN relies on outside contract help, utilizing management provided by the officers.

### Customer Base
The company primarily targets health-conscious consumers in the **United States**, focusing on those interested in heart and brain health solutions. The exact number of customers is not specified, but the growing demand for nutraceuticals indicates a significant consumer interest.

### Summary
Healthy Extracts Inc. is positioned within a high-growth sector of the wellness industry, but it faces significant challenges in achieving profitability. The company’s innovative product offerings and strategic emphasis on research and development reflect its commitment to establishing a robust market presence in the nutraceutical category, leveraging the increasing consumer trend towards preventive health measures. 

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This overview encapsulates the company's business model, market context, financial performance, and operational aspects, providing a comprehensive snapshot suitable for potential investors or stakeholders.

HEALTHY EXTRACTS INC.

10-K / April 22, 2025

10-K / April 1, 2024

10-K / April 22, 2025

Healthy Extracts Inc. - Company Overview

Business Focus

Products and Subsidiaries

Market Overview

Financial Performance

Customer Base and Workforce

Summary