Synergy CHC Q1 FY26 swings to net loss of $2.57 million; revenue falls 32.77% to $5.49 million

Synergy CHC Corp.

Synergy CHC Corp.

SNYR

0.00
  • Synergy CHC posted a net loss of USD 2.57 million for the quarter ended March 31, 2026, swinging from net income of USD 876,264 a year earlier.
  • Revenue fell 32.77% to USD 5.49 million from USD 8.17 million, reflecting lower Nutraceuticals sales, while Beverages revenue rose to USD 667,942 on new retail distribution.
  • EBITDA dropped to a loss of USD 537,505 from a profit of USD 1.98 million, while gross profit declined to USD 3.97 million from USD 6.16 million.
  • Cash totaled USD 292,115, with restricted cash of USD 100,000, and net cash used in operating activities increased to USD 2.04 million from USD 822,781.
  • Management cited a lender covenant and payment-terms amendment, a 13-employee layoff, and an at-the-market equity program that raised USD 2.67 million in gross proceeds after quarter-end, while targeting expanded distribution for its ready-to-drink beverage and evaluating acquisitions.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Synergy CHC Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-056237), on May 14, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.