HYEX Overview

Gelteq's U.S. Market Entry: Gelteq Limited has successfully transitioned from research and development to active commercialization in the U.S. market through its collaboration with Healthy Extracts, which has launched products utilizing Gelteq's gel-based delivery technology.

Growth Potential and Consumer Demand: The partnership highlights the potential for Gelteq's innovative gel technology in large-scale wellness markets, addressing consumer needs for convenient and clinically-informed nutraceutical solutions.

Logistics Partnership Announcement: Gelteq Limited has partnered with Healthy Extracts Inc. to enhance its distribution network in North America, focusing on warehousing, shipping, and order fulfillment for its gel-based products.

Growth and Efficiency Goals: The partnership aims to improve operational efficiency, reduce costs, and support future product development, with distribution expected to start in Q3 2025, potentially increasing profit margins for both companies.

Revenue Growth: Healthy Extracts expects its full year 2024 net revenue to exceed $3.1 million, representing a 24% increase year-over-year.

Recurring Revenue Boost: The company's "Subscribe & Save" program has significantly enhanced its recurring revenue stream, which has risen by 80% year-over-year.

Gelteq's Partnership Expansion: Gelteq Limited has announced a 50% increase in the purchase order from its largest U.S. customer, Healthy Extracts, for collagen and sugar blocker gels due to high demand, supporting Gelteq's strategic growth in the U.S. market.

Innovative Delivery Solutions: Gelteq focuses on developing gel-based delivery solutions that improve ingestion and absorption of nutraceuticals, with plans to introduce new products in early 2025 as part of their collaboration with Healthy Extracts.