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Vitalist Inc. Reports Q1 2026 Financial Results, Revenue Up 25%
August 20, 2025 — Leads & Copy — Vitalist Inc. (TSXV: VITA) announced its financial results for the three months ended June 30, 2025 (“Q1 2026”). Revenue increased to $1.67 million, a 25% increase compared to the prior year, attributed to established sales channels and a broader product portfolio, including the Moto 120.
Gross profit for the quarter was $0.45 million, down from $0.51 million in the same period last year, with the gross profit margin decreasing to 27% from 38% due to higher discounts for B2B customers related to Motorola stock clearance.
The company reported a net loss of approximately $0.46 million, a 15% improvement compared to the $0.54 million loss in the prior year, driven by favorable exchange rates and an amendment to the Choco Facility.
Looking ahead, Vitalist is set for growth in the connected health market, underscored by its rebranding, the development of VitalOS™, and a 5-year exclusive brand licensing agreement with Authentic Brands Group for Reebok smartwatches in the Americas.
The initial Reebok collection is expected to launch in Fall 2025, with VitalOS™ launching in the first quarter of 2026.
Kalvie Legat, Chief Executive Officer, +1 403 560-9635, ir@vitalist.co
Source: Vitalist Inc.