Cosmos Health projects $12M+ revenue from U.S. expansion
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Cosmos Health Inc. (NASDAQ: COSM) announced its U.S. market expansion is underway with NOOR Collagen projected to generate more than $12 million in annualized revenue. The company expects gross margins of approximately 75% from its Sky Premium Life U.S. operations.
The healthcare company entered into a letter of intent on March 6 to acquire a pharmacy distribution network generating approximately $11.5 million in annual gross revenue in the Greek market. The network serves pharmacy customers with pharmaceutical and para-pharmaceutical products.
Cosmos Health holds non-core assets including real estate with an estimated fair market value of approximately $15 million and $3.1 million in digital assets. The company is evaluating potential monetization of these assets, which collectively have an estimated fair market value exceeding $18 million.
Zacks Small-Cap Research initiated coverage on the company with a $4.50 per share valuation in a report published January 13. The research highlighted the company's diversified revenue base and vertically integrated operations.
The company's C-Scrub product expanded retail presence at Tesco and Superdrug in the United Kingdom. All NOOR Sky Premium Life products sold in the U.S. are manufactured locally in GMP-certified, FDA-registered facilities.
Cosmos Health appointed Dr. Dimitrios Iliopoulos, an expert in AI-driven drug discovery, to its Advisory Board. The company plans to issue updated guidance following the release of its fourth quarter and full-year 2025 financial results.
"Given current valuation levels, we are also evaluating capital allocation alternatives, including share repurchases," CEO Greg Siokas stated in the press release.
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