Green Leaf Innovations reports 185% revenue jump and first profitable year

By AI, Created 11:05 AM UTC, May 20, 2026, /AGP/ – Green Leaf Innovations said fiscal 2025 revenue rose to $1.42 million from $497,445 a year earlier, while net income reached $400,087. The results show the cigar marketer and distributor moved from loss to profitability as its SOFLO wholesale unit expanded across more than 400 customer accounts.

Why it matters: - Green Leaf Innovations said it turned profitable in fiscal 2025 after years of losses, a milestone that can improve cash generation and investor confidence. - Revenue growth and lower operating expenses suggest the company is scaling faster than costs. - The results point to stronger demand for the company’s distribution platform and premium cigar portfolio.

What happened: - Green Leaf Innovations reported unaudited fiscal 2025 results for the year ended Dec. 31, 2025. - Revenue rose to $1,418,250 from $497,445 in fiscal 2024, a 185% increase. - Net income reached $400,087, compared with a net loss of $218,104 a year earlier. - CEO and Chairman Roberto Mederos said fiscal 2025 was a defining chapter for the company and marked its first meaningful profitability. - The company trades on OTC markets under GRLF.

The details: - Gross profit increased to $661,618 from $233,125 in fiscal 2024. - Gross margin held at about 47%. - Operating expenses fell to $261,531 from $451,229. - Total assets rose to $307,232 as of Dec. 31, 2025, from $136,557 a year earlier. - Accounts receivable increased to $30,120 from $8,567. - The company said the receivables increase reflects an expanding and active customer base. - Revenue growth was driven in part by the integration of SOFLO Wholesaler Group, a wholly owned subsidiary acquired in September 2024. - SOFLO President Miguel Pinto has more than 20 years of industry experience. - The combined business now serves more than 400 accounts, including premium cigar lounges, smoke shops, convenience stores, cigar distributors and duty-free shops. - Green Leaf Innovations said its portfolio includes CUBANACAN, MEDEROS, MAL.CRI.AO, COCOA (MGE ANTALYA), TABACALERA SERRANO and other brands. - The company said the cigars are manufactured in Estelí, Nicaragua, by the Mederos family. - The company said its products are distributed at more than 400 retail locations nationwide and through a partnership with Le Cigaro FZ-LLC in Dubai. - The company cited distribution across Ritz-Carlton, W Hotel and Bvlgari properties in the UAE. - More information is available in the company’s announcement and on social media.

Between the lines: - The sharp drop in operating expenses is as important as the revenue surge because it helped turn sales growth into profit. - The SOFLO acquisition appears to be central to the company’s scale-up, giving Green Leaf Innovations broader reach and a larger customer base. - The company is still small in absolute dollars, so execution and access to capital likely remain important.

What’s next: - Green Leaf Innovations said it expects continued growth in fiscal 2026. - The company plans to keep expanding its portfolio and geographic reach. - Future results will depend on market acceptance, competition, regulation, capital availability and broader economic conditions, the company said.