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Healthier Choices Management Corp

healthiercmc.com

What Do They Do?

Markets patented Q-Cup and Imitine products, including Q-Cup technology for consumers who vape concentrates, and seeks licensing agreements with business partners for its intellectual property.

How Do They Make Money?

HCMC earns money from product sales and services; retail sales are counted at the point of sale, while wholesale sales are counted when products are delivered and collection is likely.

FY2025 revenue

Who Are Their Customers?

Consumers in the vaping market are targeted directly for Q-Cup technology; product sales also use wholesale and online channels.

Do Revenues Turn Into Profits?

No. It lost $7M in FY2025.

Operating income, FY2025
−236084% of revenue
▼ −17% (Loss) vs FY2024 (−$8.5M, −1697351%)
Net income, FY2025
−235581% of revenue
▼ −41% (Loss) vs FY2024 (−$11.9M, −2373422%)

How Are They Changing?

Since the FY2025 annual report
Latest quarter: Q2 FY2026, the three months to Jun 30, 2026
Net income
▲ Now profitable
vs −$2M in Q2 FY2025

Shrinking. Revenue fell 100% in 4 years, from $13.3M in FY2021 to $3K in FY2025, about 88% a year.

Grocery business spun off The earlier report describes grocery stores, wellness centers and wholesale supplements alongside vaporizer products; the latest focuses on vaporizer products and intellectual-property licensing after the grocery business was spun off.

Who Do They Compete With?

Competes with Altria Group, JT International, Imperial Tobacco, and Reynolds American

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