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What Do They Do?

Facilitates pharmaceutical procurement between licensed manufacturers and medical clinics through direct relationships and reseller partners.

How Do They Make Money?

Primecare earns revenue per transaction for facilitating procurement between manufacturers and clinics; substantially all company revenue comes from finished-goods sales, counted when goods ship to customers.

FY2025 revenue

Who Are Their Customers?

Primecare connects licensed pharmaceutical manufacturers with medical clinics through direct relationships and authorized reseller partners. Advisory targets small and midsize businesses, especially medical spas, wellness clinics and professional practices.

Do Revenues Turn Into Profits?

No. It lost $342.7K in FY2025.

Operating income, FY2025
16% of revenue
▲ Now profitable vs FY2024 (−$212K, −44%)
Net income, FY2025
−33% of revenue
▼ Now a loss vs FY2024 ($265.4K, 55%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q3 FY2026, the three months to Mar 31, 2026
Revenue
▼ −90%
vs $1M in Q3 FY2025
Net income
▼ −1% (Loss)
vs −$193.3K in Q3 FY2025
  • Jun 16, 2026 The independent auditor resigns
  • Jun 9, 2026 Signs an interim business arrangement with FORCARA A binding letter of intent sets an interim revenue-sharing relationship; a larger transaction remains subject to due diligence, definitive agreements and approval.
  • Mar 26, 2026 Restates earlier financial statements and completes a two-year audit

Growing. Revenue grew 69.7x in 4 years, from $15K in FY2021 to $1M in FY2025, about 189% a year.

A new focus on clinic procurement The older report described online CBD and hemp sales, safety and security intellectual property, and an e-commerce and logistics portal. The latest report centers on pharmaceutical procurement for medical clinics and adds advisory services for wellness and professional businesses.

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