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Annual figures as reported in 10-K / 20-F / 40-F filings.
HCWC · CIK 0001948864

HEALTHY CHOICE WELLNESS CORP.

Annual figures as reported, FY2022–FY2025. Ratios and growth rates derived on-page.

HCWC logo
Retail-Grocery Stores
Company profile
NYSE · HCWCHQ Hollywood, FLIncorporated in DEFiscal year ends Dec 31 Emerging growth company
Revenue
$78.2M
▲ +12.7% vs FY2024
Net income
−$3.9M
▲ +12.7% vs FY2024
Free cash flow
$675K
▲ +120.4% vs FY2024
Diluted EPS
−$0.24
▲ +50.0% vs FY2024

Revenue

Annual, as reported

020M40M60M’23’24’25$78.2M

Net income

Losses shown in terracotta

−7.5M−5M−2.5M0’23’24’25−$3.9M

Recent quarters

momentum · last 12 quarters
Revenue — Mar ’26 quarter
$18.2M
▼ −9.9% vs Mar ’25
Net income — Mar ’26 quarter
−$3.7M
▼ −416.2% vs Mar ’25
Revenue — trailing 12 months
$76.2M
▲ +3.3% vs Mar ’25
Diluted EPS — trailing 12 months
−$0.34
▲ +27.7% vs Mar ’25

Quarterly revenue

Discrete quarters; Q4 derived from the annual figure

010M20MSep ’23Jun ’24Dec ’24Jun ’25Dec ’25Mar ’26$18.2M

Quarterly net income

Losses shown in terracotta

−3M−2M−1M0Sep ’23Jun ’24Dec ’24Jun ’25Dec ’25Mar ’26−$3.7M
QuarterRevenueRev. YoYGross marginNet incomeNet marginDiluted EPS
Mar ’26$18.2M−9.9%38.0%−$3.7M−20.2%−$0.17
Dec ’25$18.7M−4.8%39.1%−$1.7M−8.9%−$0.05
Sep ’25$19.0M4.4%38.8%−$1.2M−6.4%−$0.09
Jun ’25$20.2M29.5%40.1%−$339K−1.7%−$0.03
Mar ’25$20.3M27.5%38.8%−$712K−3.5%−$0.07
Dec ’24$19.7M—41.3%−$551K−2.8%−$0.05
Sep ’24$18.2M43.5%38.4%−$2.7M−14.6%−$0.29
Jun ’24$15.6M—37.8%−$596K−3.8%−$0.06

Profitability & returns

quality of earnings

Margins

Share of revenue kept at each line

0%20%’23’24’25
Gross marginOperating marginNet margin

Returns on capital

Net income vs year-end equity and assets

-150%-100%-50%0%’23’24’25
Return on equityReturn on assets

Cash flow

cash generation

Free cash flow

Operating cash flow less capital expenditure

−3M−2M−1M0’23’24’25$675K

Operating cash flow

Net cash from operations

−2M0’23’24’25$996K

Shareholder returns

capital allocation

Diluted shares outstanding

Falling count means buybacks outpace dilution

05M10M15M’23’24’2517M

Balance sheet

financial position

Stockholders’ equity

At fiscal year end

05M10M15M’22’23’24’25$7.3M

Net debt

Long-term debt less cash — negative means net cash

02.5M5M7.5M’23’24’25$4.3M

Key ratios

derived per fiscal year
Fiscal yearGross marginOp. marginNet marginFCF marginROEROACurrent ratioDebt / equity
FY202539.2%−3.2%−5.0%0.9%−53.9%−11.7%0.79×1.00×
FY202439.0%−2.6%−6.5%−4.8%−189.3%−13.2%0.81×4.76×
FY202336.5%−18.9%−17.8%−4.9%−110.5%−34.9%0.69×0.35×
FY2022————————

Annual figures

as reported
Fiscal yearRevenueGross profitOp. incomeNet incomeDiluted EPSOp. cash flowCapexTotal assetsLiabilitiesEquityCashLT debt
FY2025$78.2M$30.7M−$2.5M−$3.9M−$0.24$996K$321K$33.5M$26.2M$7.3M$3.0M$7.3M
FY2024$69.4M$27.1M−$1.8M−$4.5M−$0.48−$3.1M$252K$34.1M$31.7M$2.4M$2.1M$11.3M
FY2023$55.7M$20.3M−$10.5M−$9.9M−$1.08−$2.5M$180K$28.4M$19.4M$9.0M$1.4M$3.1M
FY2022—————————$15.5M——

Latest filings

the most recent regulatory filings
PRER14ASEC filing2026-06-24 ↗SCHEDULE 13D/ASEC filing2026-06-09 ↗SCHEDULE 13D/ASEC filing2026-06-09 ↗4Insider ownership filing2026-06-04 ↗4Insider ownership filing2026-06-04 ↗4Insider ownership filing2026-06-04 ↗4Insider ownership filing2026-06-04 ↗4Insider ownership filing2026-06-04 ↗4Insider ownership filing2026-06-04 ↗8-KCurrent report — material event2026-06-03 ↗

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