Healthier Choices Management Corp. Reports Fourth Quarter 2022 Financial Results and Full Year Fiscal 2022 Results
Healthier Choices Management Corp. Reports Fourth Quarter 2022 Financial Results and Full Year Fiscal 2022 Results
-Fourth Quarter Sales of $12.3 Million, Up 285%, and Gross Profit of $4.0M Up 321%, over Q4 2021
-第四季度銷售額為 $12.3 百萬 升至二百五點五，以及 毛利增加 4.0 萬元 321%, 於二零二一年第四季度
-Full Year Sales of $29.3 Million, Up 120%, and Gross Profit of $10.2 Million Up 93%; over 2021
-全年銷售額為 $米最多, 最多 120%，以及 毛利 $10.2 百萬 向上 93%; 二零二一年
HOLLYWOOD, FL, April 03, 2023 (GLOBE NEWSWIRE) -- Healthier Choices Management Corp. (OTC Pink: HCMC) today announced financial results for the fourth quarter and the twelve-months ended December 31, 2022.
佛羅里達州好萊塢，2023 年 4 月 3 日（環球美通社）-- 更健康的選擇管理公司（場外粉紅：胡志明市） 今天宣布了截至 2022 年 12 月 31 日的第四季度和十二個月的財務業績。
Fourth Quarter 2022 Results and Recent Highlights:
第四季 2022 結果和近期亮點:
- Net sales from operations for the three-month period ended December 31, 2022, amounted to $12.3 million, compared to $3.2 million, an approximately $9.1 million and 285% increase versus the same period in 2021.
- Gross Profit from Operations increased by approximately $3.1 million for the three-month period ended December 31, 2022, amounting to $4.0 million, compared to $1.0 million for the same period in 2021, a 321% year-over-year increase.
- Net Loss from Continuing Operations for the three-month period ended December 31, 2022, amounted to approximately $2.3 million versus a $2.5 million loss for the same period last year, a 6% improvement. It should be noted that over $1.1 million in non-recurring expenses were incurred during the three-month period ended December 31, 2022.
- 截至二零二二一年十二月三十一日止三個月期間的營運淨銷售額為 12.3 百萬美元，而 320 萬美元，較二零二一年同期增加約 910 萬美元和 285%。
- 截至 2022 年 12 月 31 日止三個月期間，營運毛利增加約 310 萬美元，達 4.0 百萬美元，而 2021 年同期則為 1.0 百萬美元，較去年同期增長 321%。
- 截至 2022 年 12 月 31 日止三個月期間，持續經營業務的淨虧損為約 230 萬美元，而去年同期則錄得 250 萬美元虧損，上升 6%。值得注意的是，在截至 2022 年 12 月 31 日止的三個月期間，發生了超過 110 萬美元的非經常性開支。
Fiscal Year End 2022 Results and Recent Highlights
會計年度結束 2022 結果和近期亮點
- Net sales from operations for the twelve-month period ended December 31, 2022, amounted to a record $29.3 million, compared to $13.3 million, an approximately $16.0 million increase and a record 120% increase versus the same period in 2021.
- Gross Profit from Operations increased by approximately $4.9 million for the twelve-month period ended December 31, 2022, amounting to a record $10.2 million, compared to $5.3 million for the same period in 2021, a 93% year-over-year increase.
- Net Loss from Continuing Operations for the twelve-month period ended December 31, 2022, amounted to approximately $7.2 million versus a $4.0 million loss for the same period last year, a 79% deterioration in profitability. It should be noted that over $3.0 million in non-recurring charges were incurred during the twelve-month period ended December 31, 2022. The balance of the prior year variance is primarily attributable to the closure of the retail stores in the vapor segment.
- 截至二零二二年十二月三十一日止十二個月的營運淨銷售額達到創紀錄的 29.3 百萬美元，較 2021 年同期增加約 1,60 萬美元，增長了 120%。
- 截至 2022 年 12 月 31 日止的十二個月期間，營運毛利增加約 4.9 百萬美元，達創紀錄的 10.2 百萬美元，而 2021 年同期則為 530 萬美元，較去年同期上升 93%。
- 截至 2022 年 12 月 31 日止十二個月期間，持續經營業務的淨虧損約為 720 萬美元，而去年同期則錄得 4.0 百萬美元虧損，盈利能力下降 79%。值得注意的是，截至 2022 年 12 月 31 日止的十二個月期間，發生了超過 300 萬美元的非經常性費用。上一年的差異的平衡主要歸因於零售商店在蒸汽段的關閉。
Jeffrey Holman, Chief Executive Officer of HCMC, said, "2022 was an outstanding year for Healthier Choices Management Corp. as we executed against our expansion strategy and delivered a record financial performance for total revenue, as well as gross margin. For the full year, we added $16 million in revenue, resulting in a 120% increase in net sales. Gross profit improved 93% resulting in roughly a $5 million increase."
胡志明市首席執行官 Jeffrey Holman 表示：「2022 年對健康選擇管理公司來說是傑出的一年，因為我們根據我們的擴張策略執行，並在總收入和毛利率方面創下了創紀錄的財務表現。在全年，我們增加了 1600 萬美元的收入，導致淨銷售額增加了 120%。毛利改善 93%，大約增加了 500 萬美元。」
Mr. Holman concluded, "As we enter 2023, we believe we have a strong game plan and a clear vision for our team to execute on. We are well-positioned to take advantage of investment opportunities across our business lines in 2023, with strong liquidity levels. The team remains disciplined in our cost management, while enhancing our ability to deliver exceptional results for our shareholders."
霍爾曼先生總結道：「當我們進入 2023 年時，我們相信我們有一個強大的比賽計劃和清晰的願景，我們的團隊可以繼續執行。我們有充分的準備，可以在 2023 年利用各業務領域的投資機會，並具有強大的流動性水平。該團隊在成本管理方面保持嚴謹紀律，同時增強我們為股東提供卓越成果的能力。」
Results of Operations
營運結果
The following table sets forth our Condensed Consolidated Statements of Operations for the three and twelve-months ended December 31, 2022 and 2021:
下表列出截至 2022 年 12 月 31 日及 2021 年 12 月 31 日止三個月及十二個月的簡明綜合營運報表：
HEALTHIER CHOICES MANAGEMENT CORP.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
更健康的選擇管理公司
簡明的綜合運營報表
| Three Months Ended | Twelve Months Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| 2022 | 2021 | 2022 | 2021 | |||||||||||||
| Total sales, net | $ | 12,309,659 | $ | 3,198,701 | $ | 29,267,003 | $ | 13,319,854 | ||||||||
| Total cost of sales | 8,256,005 | 2,236,902 | 19,042,785 | 8,027,300 | ||||||||||||
| GROSS PROFIT | 4,053,654 | 961,800 | 10,224,218 | 5,292,554 | ||||||||||||
| Total operating expenses | 7,720,788 | 3,433,825 | 18,877,302 | 10,033,048 | ||||||||||||
| LOSS FROM OPERATIONS | (3,667,134 | ) | (2,472,026 | ) | (8,653,084 | ) | (4,740,494 | ) | ||||||||
| Total other income (expense), net | 1,332,382 | 1,041 | 1,435,473 | 703,035 | ||||||||||||
| NET LOSS FROM CONTINUING OPERATIONS | $ | (2,334,752 | ) | $ | (2,470,985 | ) | $ | (7,217,611 | ) | $ | (4,037,459 | ) | ||||
| 截至三個月 | 已截至十二個月 | |||||||||||||||
| 12月31日 | 12月31日 | |||||||||||||||
| 2022 | 2021 | 2022 | 2021 | |||||||||||||
| 總銷售額，淨額 | $ | 12,309,659 | $ | 3,198,701 | $ | 29,267,003 | $ | 13,319,854 | ||||||||
| 銷售總成本 | 8,256,005 | 2,236,902 | 19,042,785 | 8,027,300 | ||||||||||||
| 毛利 | 4,053,654 | 961,800 | 10,224,218 | 5,292,554 | ||||||||||||
| 營運支出總額 | 7,720,788 | 3,433,825 | 18,877,302 | 10,033,048 | ||||||||||||
| 作業損失 | (3,667,134 | ) | (2,472,026 | ) | (8,653,084 | ) | (4,740,494 | ) | ||||||||
| 其他收入總額（支出），淨額 | 1,332,382 | 1,041 | 1,435,473 | 703,035 | ||||||||||||
| 持續經營業務的淨虧損 | $ | (2,334,752 | ) | $ | (2,470,985 | ) | $ | (7,217,611 | ) | $ | (4,037,459 | ) | ||||
Consolidated Balance Sheets:
合併資產負債表：
The following table sets forth our Condensed Consolidated Balance Sheets as of December 31, 2022 and 2021:
下表列出截至 2022 年 12 月 31 日及 2021 年 12 月 31 日的簡明綜合資產負債表：
HEALTHIER CHOICES MANAGEMENT CORP.
CONDENSED CONSOLIDATED BALANCE SHEETS
更健康的選擇管理公司
簡明綜合資產負債表
| December 31 , 2022 | December 31 , 2021 | |||||||
| ASSETS | ||||||||
| CURRENT ASSETS | ||||||||
| Cash | $ | 22,911,892 | $ | 26,496,404 | ||||
| Other current assets | 7,396,588 | 2,277,135 | ||||||
| TOTAL CURRENT ASSETS | 30,308,480 | 28,773,539 | ||||||
| Other assets | 24,946,550 | 5,669,948 | ||||||
| TOTAL ASSETS | $ | 55,255,030 | $ | 34,443,487 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||||||||
| TOTAL CURRENT LIABILITIES | 9,907,366 | 2,523,994 | ||||||
| Other liabilities | 10,419,565 | 2,685,836 | ||||||
| TOTAL LIABILITIES | 20,326,931 | 5,209,830 | ||||||
| CONVERTIBLE PREFERRED STOCK | 14,722,075 | - | ||||||
| STOCKHOLDERS' EQUITY | 20,206,024 | 29,233,657 | ||||||
| TOTAL LIABILITIES, CONVERTIBLE PREFERRED STOCK AND STOCKHOLDERS' EQUITY | $ | 55,255,030 | $ | 34,443,487 | ||||
| 2022年12月31 日 | 2021年12月31 日 | |||||||
| 資產 | ||||||||
| 流動資產 | ||||||||
| 現金 | $ | 22,911,892 | $ | 26,496,404 | ||||
| 其他流動資產 | 7,396,588 | 2,277,135 | ||||||
| 流動資產總額 | 30,308,480 | 28,773,539 | ||||||
| 其他資產 | 24,946,550 | 5,669,948 | ||||||
| 資產總額 | $ | 55,255,030 | $ | 34,443,487 | ||||
| 負債及股東權益 | ||||||||
| 流動負債總額 | 9,907,366 | 2,523,994 | ||||||
| 其他負債 | 10,419,565 | 2,685,836 | ||||||
| 負債總額 | 20,326,931 | 5,209,830 | ||||||
| 可轉換優先股 | 14,722,075 | - | ||||||
| 股東權益 | 20,206,024 | 29,233,657 | ||||||
| 負債總額、可換股優先股及股東權益 | $ | 55,255,030 | $ | 34,443,487 | ||||
About Healthier Choices Management Corp.
關於健康選擇管理
Healthier Choices Management Corp. () is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives.
健康選擇管理公司 () 是一家控股公司，致力於為消費者提供有關營養和其他生活方式替代品的更健康日常選擇。
Through its wholly owned subsidiary HCMC Intellectual Property Holdings, LLC, the Company manages and intends to expand on its intellectual property portfolio.
通過其全資子公司胡志明市知識產權控股有限責任公司，該公司管理並打算擴大其知識產權組合。
Through its wholly owned subsidiaries, the Company operates:
通過其全資附屬公司，本公司經營：
- Ada's Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items ()
- Paradise Health & Nutrition's three stores that likewise offer fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items, ()
- Mother Earth's Storehouse, a two-store organic and health food and vitamin chain in New York's Hudson Valley, which has been in existence for over 40 years. ()
- Greens Natural Foods' eight stores in New York and New Jersey, offering a selection of 100% organic produce and all-natural, non-GMO groceries & bulk foods; a wide selection of local products; an organic juice and smoothie bar; a fresh foods department, which offers fresh and healthy "grab & go" foods; a full selection of vitamins & supplements; as well as health and beauty products ()
- Ada 的 Natural Market，一家天然有機雜貨店，提供新鮮農產品，散裝食品，維生素和補充劑，包裝雜貨，肉類和海鮮，熟食店，烘焙食品，乳製品，冷凍食品，健康和美容產品以及天然家居用品（）
- 天堂健康與營養的三家商店同樣提供新鮮農產品，散裝食品，維生素和補品，包裝雜貨，肉類和海鮮，熟食店，烘焙食品，乳製品，冷凍食品，保健和美容產品以及天然家居用品，（）
- 地球母親的倉庫，一個位於紐約哈德遜河谷的有機和健康食品和維生素連鎖店，已經存在了 40 多年。（）
- Greens Natural Foods 在紐約和新澤西州設有八家商店，提供 100％ 有機農產品和全天然非轉基因食品和散裝食品；多種當地產品選擇；有機果汁和冰沙吧；新鮮食品部門，提供新鮮健康的「隨身食品」；全系列維生素和補品；以及健康和美容產品（）
Through its wholly owned subsidiary, Healthy Choice Wellness, LLC, the Company has in place
通過其全資子公司「健康之選」健康有限責任公司，公司已經到位
licensing agreements for Healthy Choice Wellness Centers located at the Casbah Spa and Salon in Fort Lauderdale, FL, Boston Direct Health in Boston, MA and Green Care Medical Services in Chicago, IL.
位於佛羅里達州勞德代爾堡 Casbah 水療中心和沙龍的健康選擇健康中心的許可協議, 佛羅里達州, 波士頓直接衛生在波士頓, 麻薩諸塞州和綠色護理醫療服務在芝加哥, IL.
These centers offer multiple vitamin drip mixes and intramuscular shots for clients to choose from that are designed to help boost immunity, fight fatigue and stress, reduce inflammation, enhance weight loss, and efficiently deliver antioxidants and anti-aging mixes. Additionally, there are IV vitamin mixes and shots for health, beauty, and re-hydration.()
這些中心提供多種維生素滴注混合物和肌肉注射供客戶選擇，旨在幫助增強免疫力，抵抗疲勞和壓力，減少炎症，增強體重減輕，並有效地提供抗氧化劑和抗衰老混合物。此外，還有 IV 維生素混合物和保健，美容和補充水分的鏡頭。（）
Through its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty, and personal care products on its website .
通過其全資子公司 Healthy U Wholesale，該公司在其網站上銷售維生素和補品以及健康，美容和個人護理產品。
Additionally, the Company markets its patented Q-Unit and Q-Cup technology. Information on these products and the technology is available on the Company's website at .
此外，該公司銷售其專利的 Q-Unit 和 Q 杯 技術。有關這些產品和技術的信息可在公司的網站上找到，網址為。
Forward Looking Statements.
前瞻性陳述。
This press release contains forward looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission (SEC) or otherwise. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management's estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. In addition, when used in this release, the words "anticipates," "believes," "estimates," "expects," "intends," and "plans" and variations thereof and similar expressions are intended to identify forward looking statements.
本新聞稿包含《1995 年私人證券訴訟改革法》中該術語所指的前瞻性陳述（1933 年《證券法》第 27A 條及《1934 年證券交易法》第 21E 條）。本公司可能會不時向美國證券交易委員會 (SEC) 或以其他方式提交額外書面或口頭前瞻性陳述。本新聞稿中包含的非歷史事實的陳述是根據 1995 年《私人證券訴訟改革法》的安全港條款作出前瞻性的陳述，並且基於管理層的估計，假設和預測，並不保證未來的業績。本公司不承擔更新這些聲明的義務。前瞻性報表可能包括但不限於收入、收入或損失的預測或估計、退出成本、現金流需求和資本支出、關於未來營運、擴張或重組計劃的聲明，包括我們最近退出，以及我們的批發分銷業務清盤。此外，在此版本中使用時，「預期」、「相信」、「估計」、「預期」、「意圖」和「計劃」及其變化，以及其中的類似表達式旨在識別前瞻性陳述。
Factors that may affect our future results of operations and financial condition include, but are not limited to, fluctuations in demand for our products, the introduction of new products, our ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of our liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in our filings with the SEC.
可能影響我們未來經營業績和財務狀況的因素包括但不限於對我們產品的需求波動、推出新產品、我們維持客戶和戰略業務關係的能力、競爭產品和定價的影響、目標市場的增長、我們的流動性和財務實力是否足夠支持其增長，以及其他可能在 SEC 提交時詳細報告的資訊。
Contact Information:
聯絡資訊：
Healthier Choices Management Corp.
3800 North 28TH Way, #1 Hollywood, FL 33020
305-600-5004
Email: ir@hcmc1.com
健康的選擇管理公司
3800 北 28 號路, #1 好萊塢, 佛羅里達州
305-600-5004
電郵地址:ir@hcmc1.com