Login
Companies $FUNI
$0.01 +$0.00 (108.89%) Close
Hypha Labs Inc logo

Hypha Labs Inc

hyphalabs.com

What Do They Do?

Develops a home device and replacement cartridges for producing functional mushroom ingredients for consumers to add to food and drinks.

How Do They Make Money?

FY2021 revenue

Who Are Their Customers?

Plans to sell the accelerator directly to consumers through its app, and replacement cartridges through its website or third-party providers. It also plans to offer scheduled cartridge deliveries as a subscription.

Do Revenues Turn Into Profits?

No. It lost $686.5K in FY2021.

Operating income, FY2021
−31% of revenue
▼ −65% (Loss) vs FY2020 (−$2.2M, −85%)
Net income, FY2021
−27% of revenue
▼ −70% (Loss) vs FY2020 (−$2.3M, −90%)
Free cash flow, FY2021
−8% of revenue
▼ −76% (Loss) vs FY2020 (−$812.8K, −32%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Jun 30, 2026
Net income
▼ −46% (Loss)
vs −$562K in Q3 FY2025
  • Jan 30, 2026 Changed its independent accounting firm The board engaged Astra Audit and Advisory and dismissed Fruci & Associates II as auditor for fiscal 2026.

Growing. Revenue grew 32% in 4 years, from $1.9M in FY2017 to $2.5M in FY2021, about 7% a year.

From cannabis testing to mushroom devices The business described in the older report was a cannabis and hemp testing laboratory serving industry customers. The latest report describes a home accelerator and replacement cartridges for producing functional mushroom ingredients.

Create Account

Sign up for free to unlock this feature.

Already have an account? Sign in

Premium Feature

This feature requires a premium subscription to unlock unlimited historical data and advanced analysis tools.

Premium includes:

  • Unlimited historical financial data
  • Advanced analytics and insights
  • Priority support