---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-030190"
form_type: "8-K"
ticker: "SRXH"
cik: "0001471727"
company_name: "SRx Health Solutions, Inc."
filed_at: "2023-08-22T23:59:59+00:00"
generated_at: "2026-06-11T05:33:09.704144+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Better Choice Q2 net revenue $10.5M; gross margin up 543 bps YoY to 34%

## Summary
- Net revenue of $10.5M, down 36% YoY but up 14% from Q1 2023.
- Gross margin improved 543 bps YoY to 34%; operating loss improved 39% to $(2.6)M.
- Net loss improved 32% to $(3.0)M; EPS improved 33% YoY to $(0.10).
- Appointed Kent Cunningham as CEO; strategic partnership with Alphia for dry kibble manufacturing.
- Paid down $13.5M revolving credit line; supply chain constraints expected to resolve by end of Q3.

## SEC filing metadata
- accession: 0001628280-23-030190
- form_type: 8-K
- ticker: SRXH
- cik: 0001471727
- company_name: SRx Health Solutions, Inc.
- filed_at: 2023-08-22T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1471727/000162828023030190/0001628280-23-030190-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1471727/000162828023030190/bttr-20230821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-030190
- JSON: https://secwatch.observer/filing/0001628280-23-030190.json
- Plain text: https://secwatch.observer/filing/0001628280-23-030190.txt

## Key facts
- Earnings Releases
  SRx Health Solutions, Inc. reported second quarter ended June 30, 2023 results: revenue $10.5 million, net income $(3.0) million, EPS $(0.10).
  - Period: second quarter ended June 30, 2023
  - Revenue: $10.5 million
  - Net income: $(3.0) million
  - EPS: $(0.10)
  - Result: reported results
  source text: Net revenue increased 14% from first quarter 2023 to $10.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1471727/000162828023030190/0001628280-23-030190-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.