Nepra Foods Releases Financial Clarification Amid Regulatory Inquiry

Nepra Foods Inc., a Vancouver-based company, has issued a clarification regarding its September 11, 2025, press release after a request from the Canadian Investment Regulatory Organization. The company presented corrected financial figures for the fiscal year ending March 31, 2025.

The clarified data includes a 50.3% increase in revenue, reaching CAD$6,253,768, and a 48.5% reduction in net loss, now at CAD$2,335,340. Operating expenses dropped by 12.3% to CAD$3,622,820, while lease liabilities decreased by 29.9% to CAD$2,438,390. These figures reflect Nepra's cost management focus and debt reduction efforts.

Nepra is undergoing board restructuring with active participation from Chairman Mark Retzloff and board member Tim Hogan. The company is also pursuing new revenue streams and R&D projects. Investors can access detailed financial statements on SEDAR+.