Organto Foods Announces Record First Quarter 2026 Financial Results

About this update from Organto Foods, Inc.

Results Reflect Continued Record Growth TORONTO, ON AND BREDA, THE NETHERLANDS / ACCESS Newswire / May 26, 2026 / Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) ("Organto" or "the Company"), is pleased to announce its financial results for the three months ended March 31, 2026. All amounts are expressed in Canadian dollars and in accordance with International Financial Reporting Standards (IFRS), except where specifically noted. "We are very pleased with our first quarter 2026 results which we believe reflect the strong momentum and operating leverage we are realizing in our business, combined with the solid financial platform we now have in place. During the first quarter we on-boarded a number of new customers, suppliers and logistics partners, which contributed to the growth we realized. The combination of our growing business, which delivered record results in the quarter, 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-Lites "We are very pleased to now be running at an annualized sales rate in excess of $100 million with our EBITDA trending positively, as expected. These strong results were realized despite the impact of operational challenges in the first quarter as we significantly expanded our supply and logistics base to meet business growth, combined with difficult conditions for sea freight and fuel costs as a result of the conflict in the Middle East. Our team continues to proactively manage these challenges, and we remain focused and committed to building a world-class organic and fairtrade foods company serving growing global healthy and sustainable foods markets, with the goal of creating long-term value for our operating partners, customers, team members and shareholders." Fiscal 2026 First Quarter Results Overview Investor Conference Call The Company will host a conference call for investors and analysts to discuss its first quarter 2026 financial results on Thursday, May 28, 2026 at 12:00 pm EST. Organto Food's CEO and Co-Chair, Steve Bromley, will provide a corporate update, review the financial results, and discuss the Company's outlook, followed by a Q&A session. Details on how to attend are detailed below: The Company's filings including unaudited Financial Statements and accompanying Management's Discussion and Analysis for the quarter ended March 31, 2026, and Audited Financial Statements and accompanying Management's Discussion and Analysis for the year ended December 31, 2025, can be found at www.SEDARplus.ca or at the Company's website at www.organto.com under the Investors tab. ON BEHALF OF THE BOARD, Steve Bromley Co-Chair and Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. For more information contact: [email protected] John Rathwell, Senior Vice President, Corporate Development 647 629 0018 ABOUT ORGANTO FOODS Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) is a Canadian-headquartered company supplying certified organic and fairtrade produce to leading international retailers. Organto manages global sourcing, logistics, and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability, and operational excellence. FORWARD LOOKING STATEMENTS This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's belief that the Company has made solid progress and is focused on a clear path to profitability, sustained growth, long-term stability and the opportunity to execute on strategic expansion opportunities: Organto's belief that during the first quarter it on-boarded a number of new customer, suppliers and logistics partners which contributed to the growth realized; Organto's belief that based on first quarter sales the Company is now running at an annualized sales run rate in excess of $100 million; Organto's belief that the combination of its growing business, combined with its strengthened financial position, leads to optimism for the future; Organto's belief that it remains focused on building a world class company focused on growing healthy foods markets with the goal of building lasting shareholder value; Organto's belief that its leadership team continues to proactively manage supply chain and logistics challenges; management's beliefs, assumptions and expectations; and general business and economic conditions. Forward-looking statements are based on a number of assumptions that may prove to be incorrect, including without limitation assumptions about the following: the ability and time frame within which Organto's business model will be implemented and product supply will be increased; cost increases; dependence on suppliers, partners, and contractual counter-parties; changes in the business or prospects of Organto; unforeseen circumstances; risks associated with the organic produce business generally, including inclement weather, unfavorable growing conditions, low crop yields, variations in crop quality, spoilage, import and export laws, and similar risks; transportation costs and risks; general business and economic conditions; and ongoing relations with distributors, customers, employees, suppliers, consultants, contractors, and partners. The foregoing list is not exhaustive and Organto undertakes no obligation to update any of the foregoing except as required by law. SOURCE: Organto Foods, Inc. View the original press release on ACCESS Newswire

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