secwatch.observer — SEC 8-K summary
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Issuer:     Healthier Choices Management Corp. (HCMC)
CIK:        0000844856
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0000844856-22-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCMC Q3 revenue $5.8M (+77% YoY); operating loss widens to $2.1M on non-recurring items
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- Q3 net sales $5.8M, up 76.7% YoY from $3.3M; gross margin $1.9M, +35.7%.
- Operating loss $2.1M vs $1.0M loss YoY, includes ~$0.9M non-recurring expenses.
- Nine-month revenue record $17M (+67.5% YoY); gross margin $6.2M (+42.5%).
- Completed acquisition of Green's Natural Foods in October 2022; cash $30M at quarter-end.
- Q3 net loss from continuing ops $2.075M vs $1.05M; Adj. EBITDA loss $1.888M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/844856/000084485622000043/0000844856-22-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/844856/000084485622000043/form8k_20221024.htm
  HTML page:      https://secwatch.observer/filing/0000844856-22-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer