Organto Q2 2026 sales rise 61% as higher banana, ginger volumes lift results, company says
Reuters2026/08/12 00:27Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Organto posted Q2 2026 sales of CAD 27.74 million, up 61% year over year, driven by higher banana and ginger volumes.
- Gross profit rose to CAD 2.08 million; margin edged up to 7.5%, helped by operational fixes tied to new-customer onboarding.
- Adjusted gross profit was CAD 2.16 million, or 7.8% of sales, reflecting a CAD 74,455 realized hedging gain.
- Net loss narrowed to CAD 265,144 from CAD 7.36 million, which previously included CAD 4.48 million of one-time restructuring items.
- EBITDA was CAD 0.4 million; cash operating expenses fell to 6.3% of sales, reflecting overhead leverage on higher revenue.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Organto Foods Inc. published the original content used to generate this news brief on August 12, 2026, and is solely responsible for the information contained therein.
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