sur Organto Foods, Inc. (CVE:OGO)
Organto Foods Reports Significant Revenue Growth in Q2 2025
Organto Foods Inc. revealed its financial results for the second quarter of 2025, highlighting a significant increase in sales and gross profit. The company reported sales of $17.2 million, marking a 291% rise compared to the previous year. This represents the company's largest quarterly sales in its history, driven by the acquisition of new customers and increased orders from existing ones.
Gross profit also saw an impressive increase of 352%, reaching $1.3 million. Cash operating expenses decreased to 6.8% of sales compared to 13.4% a year prior, reflecting improved operational efficiency as the business scaled up.
For the six-month period, sales reached $30.8 million, up 241% from the prior year, while gross profit rose to $2.4 million, up 325%. Despite these strong figures, the company reported a net loss of $7.6 million for the period caused by various factors, including interest costs and losses on derivatives used for currency risk management.
Organto's balance sheet has been strengthened through debt restructuring and financing activities, significantly reducing short-term loans. The company's strategy focuses on growth in organic and fairtrade products, along with technology development and debt repayment.
R. P.
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