Guru Organic Energy Corp
TSX:GURU
Guru Organic Energy Corp
GURU Organic Energy Corp. engages in the development, marketing, sale, and distribution of energy drinks. The company is headquartered in Montreal, Quebec and currently employs 70 full-time employees. The company went IPO on 2018-03-21. The firm is engaged in developing, marketing, selling and distributing organic and plant-based energy drinks under the GURU brand name. The firm markets its organic energy drinks in Canada and the United States through a distribution network of approximately 21,000 points of sale, and through guruenergy.com. The company manufactures its products using ingrediencies, such as green tea, matcha, guarana, ginseng, echinacea, monk fruit and stevia. The firm's products include GURU Organic Energy, GURU Organic Energy - Yerba Mate, GURU Organic Energy - Lite, GURU Organic Energy - Matcha, GURU Energy Water - Grapefruit, GURU Energy Water - Lime, and GURU Energy Water - Pomegranate.
Record Quarter: GURU reported its highest-ever quarterly revenue and net income, marking its first profitable quarter since going public in 2020.
Revenue Growth: Net revenue reached $10.4 million, up 32% year-over-year, driven by Canadian distribution transition, new product launches, and strong U.S. performance.
Margin Expansion: Gross margin hit 71.3% (65.9% excluding a one-time adjustment), significantly higher than last year.
Profitability: Net income was $1.3 million, compared to a $2.2 million loss last year, with a net margin of 12.4%.
Strong Cash Position: The company ended the quarter with $24.2 million in cash and no debt, giving it flexibility to invest in growth.
Sustained Momentum: Management highlighted ongoing sales momentum into August and September, with strong early results from new product launches and Costco expansion.
Guidance & Flexibility: Profitability is expected to be sustainable each quarter unless the company decides to step up growth investments.
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