Healing Co Inc.
healingcompany.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q1 FY2024 10-Q, filed Nov 20, 2023. Its latest SEC filing is a REVOKED from Jun 23, 2026.
10-Q for Q1 FY2024, filed Nov 20, 2023
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Sells plant-based nutrition products and meditation apps, and offers wellness retreats for consumers.
10-K for FY2023, filed Oct 23, 2023Your Super is a leading plant-based superfoods brand featuring organic, delicious, and functional superfood blends to help women eat more…View ↗
Chopra Meditation and Wellbeing App: Developed by Dr. Deepak Chopra MD, the Chopra App puts personalized support in the hands of its users.…View ↗
Chopra Wellness Experiences: Chopra licensed experiences are our Chopra health retreats that are offered through carefully selected…View ↗
How Did They Make Money?
Customers buy nutrition and wellness products; product sales are counted when the products ship. The company also collects fees for app subscriptions, retreats and licenses, which are counted when earned.
10-K for FY2023, filed Oct 23, 2023When a customer purchases product from the Company, ownership of the product transfers to them at the point of shipment and the Company has…View ↗
The Company generates revenues from a diversified mix of e-commerce activities with the majority of revenue earned through e-commerce…View ↗
The Company records a liability for fees collected from customers with respect to its subscription-based wellness app, retreat package…View ↗
$8.9M
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10-K for FY2023, filed Oct 23, 2023
$8.9M ↗
Who Were Their Customers?
Your Super targets health-conscious shoppers, selling mainly direct to consumers through its website, with Amazon and wholesale channels too. Chopra reaches wellness consumers through its website and app, and offers retreats through selected resort and club partners.
10-K for FY2023, filed Oct 23, 2023Your Super has a focused customer target: health motivated, though not health expert, suburban middle to upper class mothers who shop for…View ↗
The Company generates revenues from a diversified mix of e-commerce activities with the majority of revenue earned through e-commerce…View ↗
(Dollars in thousands) Acquisition DatesToJune 30,2023 Direct to Consumer $ 5,951 Amazon 1,018 Wholesale 658 Retreat/licensing 275 Digital…View ↗
Chopra Wellness Experiences: Chopra licensed experiences are our Chopra health retreats that are offered through carefully selected…View ↗
Did Revenues Turn Into Profits?
No. It lost $21.3M in .
10-K for FY2023, filed Oct 23, 2023
10-K for FY2023, filed Oct 23, 2023
−$21.3MView ↗
How Were They Changing?
- Net income
-
Sources
10-Q for Q1 FY2024, filed Nov 20, 2023
−$4.5MView ↗
- ▼ −38% (Loss)
- vs −$7.3M in Q1 FY2023
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Nov 17, 2023
CEO departs and interim CEO is appointed
Simon Belsham's employment ended, and Wanja S. Oberhof was appointed interim CEO.
Sources
8-K, filed Nov 17, 2023
On November 13, 2023, the employment of Simon Belsham, the Chief Executive Officer of The Healing Company Inc. (the “Company”), terminated.View ↗
From shell to wellness brands
The earlier report described a company with no operating business seeking a merger; the latest describes acquired health and wellness brands selling products, app memberships and licensed experiences.
10-K for FY2020, filed Sep 8, 2020 10-K for FY2023, filed Oct 23, 2023Our plan is to seek, investigate, and consummate a merger or other business combination, purchase of assets or other strategic transaction…View ↗
To achieve our objectives, we are building a community of integrated wellness focused, healing brands committed to a more sustainable…View ↗
We use the so called “management approach” to identify our reportable segments. The management approach designates the internal…View ↗
E-commerce sales of health and wellness products,View ↗
Sales of memberships to our wellness app, andView ↗
Support for our licensed wellness experiences.View ↗
Who Did They Compete With?
Competes with Archer-Daniels-Midland, Calm, Headspace, Betterup, Ritual, Goop, well+good, and mindbodygreen
10-K for FY2023, filed Oct 23, 2023Due to the fragmented nature of the supplements, nutraceuticals, and superfoods spaces, as well as the functional design of our products…View ↗
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