GPO Plus, Inc. SEC 10-Q Report

GPO Plus, Inc., a company specializing in group purchasing and distribution services, has released its Form 10-Q report for the third quarter of 2025. The report highlights the company's financial performance and operational achievements, reflecting its strategic initiatives and market positioning.

Financial Highlights

Revenues: GPO Plus, Inc. reported revenues of $1.30 million, marking an 8% increase compared to the same period last year. This growth is attributed to increased inventory availability.

Gross Profit: The company achieved a gross profit of $0.38 million, a significant 44% increase from the prior year, indicating improved cost management.

Loss from Operations: The loss from operations was $(0.42) million, showing a 13% improvement over the previous year, driven by better cost control.

Net Loss: The net loss for the period was $(0.69) million, an 18% increase from the previous year, primarily due to higher operating and other expenses.

Net Loss Per Common Share: Basic and Diluted: The net loss per common share remained consistent with the previous year at $(0.01).

Business Highlights

Revenue Segments: During the three months ended July 31, 2025, GPO Plus, Inc. recognized $1,302,172 in revenues related to merchandise and product sales. Notably, two customers contributed significantly to total sales, accounting for 88% and 11%, respectively.

Sales Units: The company operates a distribution network that includes Regional Hubs and Mini Hubs. Each Mini Hub aims to service approximately 100 to 150 locations, with an initial goal of supporting 1,000 to 1,500 retail locations through the Regional Hub in Lubbock, Texas.

New Product Launches: GPO Plus, Inc. successfully deployed its new 'White Glove' Direct to Store (DSD) service, featuring new point of sale displays for its flagship brands 'The Feel-Good Shop+' and 'Mr. Vapor'.

New Production Launches: On May 22, 2025, the company signed a new lease for its Regional Distribution Hub, relocating to 6707 Yonkers Ave, Lubbock, Texas, to better support its distribution network.

Future Outlook: Looking ahead, GPO Plus, Inc. plans to expand its product line and distribution reach to meet market demand and customer needs. The company will focus on developing and manufacturing unique products, enhancing distribution through DSD and independent sales organizations, and promoting its products and company branding.

SEC Filing: GPO Plus, Inc. [ GPOX ] - 10-Q - Oct. 14, 2025