Organto Foods Reports Strong First Half Results with Revenue Growth and Improved Profitability
Organto Foods (OTCMKTS:OGOFF) reported first-half revenue of $53.3 million, demonstrating robust performance in the period. The company achieved a significant increase in adjusted gross profit by 108% to reach a record high of $3.8 million. Additionally, EBITDA improved from a loss of $0.2 million in the prior year to a positive figure of $0.5 million. The firm maintained strong liquidity with cash balances totaling $5.4 million and an additional $1.0 million in restricted cash. Working capital also saw substantial growth, rising to $15.3 million from $7.7 million as of December 31, 2025, highlighting the company's rapid business expansion. These results reflect Organto Foods' ability to scale operations while improving profitability and maintaining solid financial health.
Tickers: $OGOFF
Topics: adjusted_gross_profit cash_balance ebitda revenue working_capital