Earth Science Tech, Inc. (OTC: ETST) released a shareholder letter detailing significant progress in fiscal 2026, which ended March 31, 2026. The company described the period as transformational, citing expansion and turnaround achievements across its portfolio of health and wellness subsidiaries. Notably, Earth Science Tech completed these initiatives without adding debt to its balance sheet, while also repurchasing and retiring more than 3.7 million shares during the fiscal year and an additional 3.15 million shares quarter-to-date.
Among the highlights, the company pointed to the expansion of Mister Meds, turnarounds at DOConsultation and Villas Health, and the relaunch of MyOnlineConsultation as a cash flow-positive prescriber network. Additionally, revenue at Peaks surpassed $2 million during the first week of the fourth quarter. These milestones demonstrate the company's ability to generate growth across multiple fronts simultaneously.
Earth Science Tech operates as a diversified holding company focused on the health and wellness sector, with a strategy to build a vertically integrated healthcare platform. This platform combines compounding pharmacy operations, telemedicine platforms, clinical support, and direct-to-patient fulfillment. The company's healthcare operations are supported by investments in real estate, asset management, and a consumer products business.
The company also announced that it will report results through two segments going forward: Health/Wellness and Corporate/Other. This segmentation is expected to provide clearer visibility into the performance of its core operations versus corporate activities. Earth Science Tech expects continued geographic expansion across its portfolio and plans to pursue acquisitions and partnerships that support long-term growth and shareholder value creation.
The shareholder letter underscores the company's commitment to financial discipline and shareholder returns. By repurchasing shares while avoiding debt, Earth Science Tech is signaling confidence in its ability to generate cash flow and create value. For investors, the progress at Peaks, Mister Meds, and other holdings suggests that the company's integrated model is gaining traction.
For more information on Earth Science Tech, visit the company's newsroom at https://nnw.fm/ETST. The full press release is available at https://nnw.fm/dZ1kR.
