Glucose Health, Inc. Fiscal 2021 Annual Report
February 10 2022 - 8:00AM
InvestorsHub NewsWire
Glucose Health, Inc. Fiscal
2021 Annual Report
BENTONVILLE, AR --
February 10, 2022 -- InvestorsHub NewsWire -- Glucose Health, Inc.
(OTC:
GLUC) ("Company") is pleased to highlight selected financial
metrics presented in its Fiscal 2021 Annual Report posted today
at OTCMarkets.com.
In fiscal 2021, Glucose
Health, Inc. more than doubled gross profits, effectively doubled
revenue, and achieved the unique status of a debt free, emerging
growth, company.
- Fiscal 2021 Revenue of $953,681 vs.
$480,713 for Fiscal 2020 = a 98% increase.
- Fiscal 2021 Gross Profit of $410,042
vs. $173,545 for Fiscal 2020 = a 136% increase.
- Fiscal 2021 Total Liabilities of
$9,554 vs. $380,652 for Fiscal 2020
During
fiscal 2021, Glucose Health, Inc. introduced four new
GLUCODOWN® Diabetic
Friendly, Blood Sugar Maintenance "enhanced water" flavors,
complementing its existing four GLUCODOWN® iced tea flavors,
launched in the fourth quarter of 2017.
New
GLUCODOWN® Cherry, in particular, outsold each of the three
"enhanced water" flavors and also outsold all four established iced
tea flavors, at Amazon. Within weeks, GLUCODOWN® Cherry
sold out of its entire initial production run, at
Amazon.
For
fiscal 2022, the Company will build upon its success at Amazon and
significantly ramp up sales and marketing partnerships to expand
distribution of GLUCODOWN® with new brick-and-mortar retailers.
Additionally, in fiscal 2022, Glucose Health, Inc. will launch an
innovative new brand; a ready-to-drink, delicious and healthy
beverage, specifically formulated to address the nutritional needs
of the under-served 45+ consumer.
About Glucose Health, Inc. (OTC: GLUC)
Manufactured
by Glucose Health, Inc., the GLUCODOWN® brand is defining a new
beverage industry category – functional, diabetic friendly,
beverages. By specializing in producing healthy and delicious
beverages, nutritionally appropriate1 for
the nation's 100+ million2 pre
and Type-2 diabetics, and additionally in 2022, launching a new
healthy and delicious ready-to-drink beverage formulated to meet
the nutritional needs of 45+ consumers, Glucose Health, Inc. is
uniquely positioned among all emerging beverage companies in
America. Glucose Health, Inc. is a publicly traded company with the
ticker symbol OTC: GLUC.
For more GLUC news
visit www.glucosehealthinc.com
Like us on Facebook
at www.facebook.com/glucodown
1 For
citations visit www.glucodown.com/clinical-data
2 National
Diabetes Statistics Review, 2020;
Centers for Disease Control and Prevention, Department of Health
and Human Services
Contact:
Murray
Fleming
Glucose
Health, Inc.
info@glucosehealthinc.com
(479)
802-3827
This news release
contains forward-looking statements within the meaning of Section
27A of the Securities Act of 1933, as amended, and while Glucose
Health, Inc. is not subject to the 1934 Securities and Exchange
Act, contains forward-looking statements within the meaning Section
21E of the Securities and Exchange Act of 1934, as amended.
Statements that are not a description of historical facts
constitute forward-looking statements and may often, but not
always, be identified by the use of such words as "expects,"
"anticipates," "intends," "estimates," "plans," "potential,
"possible," "probable, "believes," "seeks," "may, "will, "should,"
"could" or the negative of such terms or other similar expressions.
Actual results may differ materially from those set forth in this
release due to the risks and uncertainties inherent in the
Company's business. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as
of the date hereof. All forward-looking statements are qualified in
their entirety by this cautionary statement and the Company
undertakes no obligation to revise or update this release to
reflect events or circumstances after the date hereof.
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