Earth Science Tech Reports Fiscal Year 2026 Financial and Operational Update
Earth Science Tech (ETST) has issued its annual shareholder letter, detailing a transformational fiscal year ending March 31, 2026, with significant achievements including becoming cash flow positive across its operating platform.
Miami, FL – Earth Science Tech, Inc. (OTC: ETST) has provided a business update for its fiscal year ended March 31, 2026, highlighting a year of significant transformation and operational progress. The company announced it has achieved cash flow positivity across its entire operating platform and is pursuing disciplined, debt-free expansion.
According to the shareholder letter, key milestones included the debt-free build-out and launch of operations for its Texas property housing Mister Meds. Earth Science Tech also reported turning around previously acquired assets, DOConsultation and Villas Health, into cash flow positive entities. These improvements have reportedly bolstered the company's health and wellness segment.
The company has re-engineered its proprietary technology stack and relaunched MyOnlineConsultation (MOC Teledoc) as a prescriber network that has been cash flow positive since its inception, also without incurring additional debt. Marketing efforts for Peaks were accelerated, leading to revenue exceeding $2 million in the first week of its fourth quarter.
Earth Science Tech reported repurchasing and retiring 3,773,296 shares of its common stock during the fiscal year. The company stated that its recent FINRA Form 211 clearance was also funded without adding debt. Overall, the company has repurchased over 6.9 million shares since the first fiscal quarter of 2026.
Looking ahead, Earth Science Tech will present its results in two primary segments: Health/Wellness and Corporate/Other. The company anticipates geographic expansion and expects its Health/Wellness segment to be the primary revenue driver. Management expressed pride in the team's accomplishments and the company's culture.