Business
Organto Foods Announces Fiscal 2025 Financial Results
Results Reflect Strengthened Balance Sheet and Continued Record Growth TORONTO, ON AND BREDA...
About this update from Organto Foods, Inc.
[{"type":"text","content":"Organto Foods Announces Fiscal 2025 Financial ResultsResults Reflect Strengthened Balance Sheet and Continued Record Growth TORONTO, ON AND BREDA, THE NETHERLANDS / ACCESS Newswire / April 28, 2026 / Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) (\"Organto\" or \"the Company\"), is pleased to announce its audited financial results for the year ended December 31, 2025. All amounts are expressed in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS), except where specifically noted.\"We believe our fiscal 2025 results reflect the strong growth and operating leverage we are realizing in our business, combined with the solid financial platform we now have in place. These results are the outcome of the extensive restructuring and business realignment we've executed over the past two years, which we believe sets a solid foundation for sustained growth, stability, a clear path to profitability and the opportunity to execute on strategic expansion opportunities. The combination of our growing business, which delivered strong results in 2025, and our strengthened financial position, leads to our optimism as we work to build a world-class organic and fairtrade foods company. With continued execution we believe we are on the path to creating lasting value for our partners, customers, team members and shareholders.\" commented Steve Bromley, Co-Chair and Chief Executive Officer.Hi-LitesFiscal 2025Fiscal 2025 sales of $60.8 million, an increase of 194% versus the prior year. Largest annual sales in the history of the Company.Gross profit of $5.2 million, an increase of 197% versus the prior year and before the impact of foreign currency hedging contracts. Largest annual gross profit dollars in the history of the Company.Cash operating costs of 7.7% of sales versus 15.3% in the prior year. Cash operating costs as a percentage of sales were improved as the business scales and overheads are leveraged.EBITDA(1) (Earnings before interest, taxes, depreciation and amortization) of $(1.15) million or negative 1.9% of sales versus negative 6.5% of sales in the prior year, reflecting improved operating results offset by the impact of losses on derivatives used to manage currency risk.Balance sheet significantly strengthened as a result of improved operations, debt restructuring and financing activities:Cas...