Overview
US healthcare group's Q1 revenue rose 31% yr/yr to record $17.9 mln
Gross profit fell as revenue mix shifted toward wholesale distribution
Adjusted EBITDA near breakeven as investments offset higher revenue
Outlook
Company says record momentum continues into Q2 2026 with U.S. expansion underway
Cosmos Health expects adjusted EBITDA to turn positive as growth investments drive returns
Result Drivers
SALES MOMENTUM - Co cited broad-based commercial strength, including record distribution volumes at CosmoFarm, increased Sky Premium Life order activity, and expanded contract manufacturing at Cana Laboratories
REVENUE MIX SHIFT - Gross profit declined due to increased wholesale distribution activity at CosmoFarm and a sales discount adjustment
STRATEGIC INVESTMENTS - Operating expenses rose as co invested in personnel, infrastructure, technology, and AI-driven efficiencies to support global growth initiatives
Company press release: ID:nACSMjs8Fa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$17.9 mln
Q1 Gross Profit
$1.38 mln
Q1 Operating Expenses
$3.57 mln
Analyst Coverage
Wall Street's median 12-month price target for Cosmos Health Inc is $4.50, about 1,482.8% above its May 20 closing price of $0.28
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)