A 210% sales surge leaves VitaNova (VNOV) deeper in the red
VitaNova (VNOV) reported a 210% revenue increase to $321,576 for the quarter ended July 31, 2026, driven by new food products. However, gross margin dropped to 9% from 66%, and net loss widened to $123,101. The company cited internal control weaknesses but stated it has sufficient liquidity for the next 12 months.