Limitless X Holdings Reports Q3 2025 Operational and Financial Highlights
Globenewswire·2025-11-20 14:00

Core Insights - Limitless X Holdings Inc. reported operational and financial highlights for Q3 2025, indicating a strategic shift towards in-house sales and marketing to enhance ROI and profit margins [1][2] Q3 2025 and Recent Operating Highlights - The company formed HealthMD Inc., a wholly owned subsidiary aimed at delivering health-forward products and integrating AI technologies [6] - A strategic partnership with Manny Pacquiao as Global Brand Ambassador was established, co-creating a "PacMan Signature Series" of health products [7] - The company plans to enter India and select Asian markets in 2026 through joint ventures and partnerships [7] Q3 2025 Financial Highlights - Revenue for Q3 2025 was reported at $0.3 million, a decrease from $0.6 million in Q3 2024, attributed to changes in marketing strategies [7] - Gross margin was maintained at 67%, down from 74% in the previous year [7] - Operating expenses increased to $1.4 million from $1.0 million in Q3 2024, primarily due to higher stock compensation [7] - Total liabilities were reduced to $3.2 million from $13.2 million at year-end 2024, reflecting significant financial restructuring [7] Strategic Initiatives - The company has rolled out a next-generation e-commerce platform aimed at accelerating revenue growth and improving profitability [7] - A Regulation A (Reg A+) offering of Series D 15% Cumulative Redeemable Perpetual Preferred Stock was qualified by the SEC to support growth initiatives [7] - The executive leadership team converted accrued salaries into common stock, significantly reducing liabilities and improving cash flow [7] Future Growth Prospects - BodyCor, a technology-driven initiative, is in development to integrate advanced health diagnostics and AI within consumer brands, targeting the demand for personalized healthcare [12] - The company is also exploring opportunities in Film and Television, as well as real estate developments focused on longevity and lifestyle optimization [12]