Miami, FL, May 06, 2025 (GLOBE NEWSWIRE) -- Earth Science Tech, Inc. (OTC: ETST) (“ETST” or “Company”), a strategic holding company, focused on value creation through the acquisition, operational optimization, and management of its operating businesses.
Dear Shareholders,
It is with great pride and appreciation that I present to you the 2024 Annual Shareholder Letter for Earth Science Tech, Inc. This past year has been a milestone period of growth, operational focus, and strategic execution across our organization.
As a holding company committed to the optimization and long-term success of our subsidiaries, our core mission remains to unlock value through operational excellence and smart capital stewardship. I am pleased to report that our disciplined approach has yielded exceptional financial and operational results in FY Ending March 31st, 2025.
Financial Performance
Earth Science Tech, Inc. delivered record-breaking results this year, highlighted by a PROJECTED net income of $3.6 million, representing a PROJECTED 340% increase year-over-year. The company is PROJECTED to surpass revenue of $32 million for the FY ending March 31st, 2025, representing a PROJECTED increase of 175%. Our earnings per share (EPS) are PROJECTED to be $0.01, marking a strong return on our capital and a clear indication of the underlying profitability across our businesses.
In addition, we significantly strengthened our financial position, increasing total assets to a PROJECTED $7.2 million, a PROJECTED 85% growth compared to the prior fiscal year. This expansion reflects both the intrinsic growth of our subsidiaries and our ability to deploy capital into high-yielding, strategically aligned investments in our subsidiaries.
Strategic Progress
The FY ending March 31st, 2025 was a year of execution. Our focus was not simply on growth, but on optimizing the operational frameworks of our holdings to support scalable, sustainable expansion. Through improved governance, stronger cross-subsidiary synergies, and targeted efficiencies, we have positioned Earth Science Tech, Inc. to drive long-term value.
Highlights of FY Ending March 31st, 2025
Looking Ahead
As we move into the next FY, our strategy remains clear: identify promising ventures, strengthen operational foundations, and pursue innovation where it drives measurable value. With a healthy balance sheet and proven management, we are entering the new fiscal year with confidence and momentum.
On behalf of the entire leadership team, I extend my sincere gratitude to our shareholders for your continued trust and support. Our achievements this year are the result of collective dedication—and they mark only the beginning of what we believe is a much larger story.
We remain committed to transparency, accountability, and a relentless focus on shareholder value.
Warm regards,
Giorgio R. Saumat
Chief Executive Officer
Earth Science Tech, Inc.
Forward-Looking Statements. Except for historical information, the matters discussed herein may be considered “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended.
Such statements include declarations regarding the intent, belief or current expectations of the Company and its management, including, without limitation, future-oriented statements related to cash flow, gross margins, revenues, and expenses. These statements are based on and reflect our current expectations, estimates, assumptions and/or projections, our perception of historical trends and current conditions, as well as other factors that we believe are appropriate and reasonable under the circumstances. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts. They may include forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “likely,” “seek,” “project,” “model,” “ongoing,” “will,” “should,” “forecast,” “outlook” or similar terminology. Forward-looking statements are subject to a number of risks and uncertainties that may cause the Company’s actual results to differ materially from our intent, belief or current expectations, including, inter alia, the markets for the Company’s products and services, costs of goods and services, other expenses, government regulations, litigations, and general business conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. The Company assumes no obligation to revise or update any forward-looking statements for any reason, except as required by law.
Company Contact:
Giorgio R. Saumat
CEO and Chairman of the Board
(305) 724-5684
grsaumat@earthsciencetech.com