on Organto Foods Inc. (CVE:OGO)
Organto Foods Reports Third Quarter 2025 Financial Growth
Organto Foods Inc. has released its financial results for the third quarter of 2025, showcasing significant growth. The company achieved sales of $15.1 million, a 189% increase compared to the previous year, and reported the largest third-quarter sales in its history. Gross profit reached $1.2 million, doubling from the prior year.
For the nine-month period ending September 30, 2025, sales totaled $45.9 million, up 222% year-over-year. Despite a $0.9 million EBITDA loss, improved operations and strategic debt restructuring have strengthened the company's balance sheet. As of September 30, cash reserves stood at $8.8 million, and working capital improved from negative $14.6 million to $8.6 million.
The growth is attributed to new customer acquisitions and increased purchase volumes from existing clients. The CEO, Steve Bromley, emphasizes the positive impact of business restructuring efforts, viewing this as a pathway to sustained growth and potential profitability.
R. E.
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