sur Nepra Foods (CVE:NPRA)
Nepra Foods Clarifies Revenue Disclosure Amid Regulatory Request
On June 4, 2025, Nepra Foods Inc. corrected previous financial statements as requested by the Canadian Investment Regulatory Organization (CIRO). The company originally reported a 56% revenue increase for a major customer in Q4 2025 compared to Q4 2024. This figure actually represents the total revenue increase over the full fiscal year 2025 compared to 2024. The corrected Q4 revenue increase is 158%, with figures rising from $213,639 in Q4 2024 to $550,763 in Q4 2025.
The company also clarified that its overall Q4 2025 revenue increased by 211% compared to Q4 2024, moving from $533,559 to $1,661,224. The full-year revenue increased by 44% from $3,306,649 in 2024 to $4,758,918 in 2025. Gross profit margins remained steady between 20-25%, and all figures are in USD.
Nepra Foods has acknowledged the inaccuracies and emphasized its commitment to transparency and regulatory compliance in future disclosures.
R. H.
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