Earth Science Tech, Inc. (OTC: ETST) provided a business update in a letter to shareholders, highlighting what management described as a transformational fiscal year ended March 31, 2026. The company cited progress across multiple holdings, including the expansion of Mister Meds, turnarounds at DOConsultation and Villas Health, the relaunch of MyOnlineConsultation as a cash flow-positive prescriber network, and revenue growth at Peaks that surpassed $2 million during the first week of the fourth quarter.
Importantly, Earth Science Tech said it 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. This debt-free growth and aggressive share buyback program demonstrate management's commitment to enhancing shareholder value and financial discipline.
The company announced it will report results through Health/Wellness and Corporate/Other segments going forward, reflecting a more streamlined and transparent financial reporting structure. This change is expected to provide investors with clearer visibility into the performance of its core health and wellness 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 company's strategy of building a vertically integrated healthcare platform—combining compounding pharmacy operations, telemedicine platforms, clinical support, and direct-to-patient fulfillment—positions it to capitalize on the growing demand for integrated healthcare services.
The shareholder letter underscores the company's progress in turning around its subsidiaries and achieving operational efficiencies. For instance, the relaunch of MyOnlineConsultation as a cash flow-positive prescriber network marks a significant milestone, as it now generates positive cash flow while expanding its network of healthcare providers. Similarly, Peaks' revenue growth surpassing $2 million in the first week of the fourth quarter indicates strong momentum in the consumer products segment.
Investors and industry observers will likely view these developments as positive indicators of Earth Science Tech's ability to execute its growth strategy without taking on additional debt. The company's focus on cash flow generation and shareholder returns through share repurchases may also appeal to value-oriented investors.
For more information on Earth Science Tech and its latest news, visit the company's newsroom at https://nnw.fm/ETST. The full press release is available at https://nnw.fm/dZ1kR.
