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Organto Foods
(OGO)
Organto Foods (OGO) vs. iShares MSCI Canada ETF (EWC)
Organto Foods Business Overview & Revenue Model
Organto Foods Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 20.70M | 27.68M | 22.12M | 19.52M | 11.45M |
| Gross Profit | -985.08K | 2.46M | 1.26M | 1.99M | 1.07M |
| EBITDA | -1.85M | -9.19M | -9.25M | -5.32M | -6.55M |
| Net Income | -4.54M | -13.43M | -10.83M | -6.34M | -7.05M |
Balance Sheet | |||||
| Total Assets | 6.03M | 6.92M | 11.37M | 20.96M | 6.77M |
| Cash, Cash Equivalents and Short-Term Investments | 357.60K | 195.04K | 5.86M | 11.87M | 4.13M |
| Total Debt | 12.52M | 12.21M | 8.98M | 8.44M | 4.15M |
| Total Liabilities | 19.95M | 22.45M | 14.53M | 14.27M | 7.01M |
| Stockholders Equity | -13.91M | -15.54M | -3.16M | 6.69M | -237.91K |
Cash Flow | |||||
| Free Cash Flow | -3.00M | -3.91M | -5.84M | -5.92M | -1.99M |
| Operating Cash Flow | -3.00M | -3.89M | -5.72M | -5.92M | -1.99M |
| Investing Cash Flow | -40.18K | -318.38K | -928.58K | -357.41K | 0.00 |
| Financing Cash Flow | 3.17M | -1.39M | -312.04K | 13.99M | 6.22M |
Organto Foods Technical Analysis
Organto Foods Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ¥216.11B | 20.84 | 8.21% | 2.25% | 4.80% | -0.56% | |
61 Neutral | C$79.10M | 16.83 | 57.30% | ― | 10.57% | ― | |
37 Underperform | C$8.88M | ― | 162.13% | ― | -5.97% | 63.24% | |
30 Underperform | C$671.06K | 0.64 | -229.06% | ― | ― | ― | |
27 Underperform | C$4.54M | ― | -78.70% | ― | -97.30% | 39.70% |
Organto Foods Corporate Events
Organto Foods Inc. has announced a non-brokered private placement to raise C$7 million by issuing up to 14 million units at C$0.50 per unit. The proceeds will be used to expand the company’s organic and fairtrade fruit and vegetable products and technology platform, as well as for general working capital. This move is subject to regulatory approvals and reflects Organto’s ongoing efforts to strengthen its market position and support its growth strategy.
Organto Foods has appointed Javier Reyes de la Campa as Co-Chair of the Board of Directors, alongside Steve Bromley. Reyes de la Campa brings over 25 years of experience in various sectors, including finance, mining, agriculture, and food, and his strategic leadership is expected to support Organto’s growth and profitability. The company also announced the issuance of stock options and restricted share units to employees and directors, aimed at enhancing shareholder value.
Organto Foods Inc. has completed the issuance of 4,380,000 common shares to Jaluca Limited as part of a corporate finance advisory agreement aimed at restructuring the company’s debts and refinancing efforts. This move, approved by disinterested shareholders and the TSX Venture Exchange, is part of Organto’s broader strategy to stabilize its financial standing. Additionally, Organto has outlined its 2024 bonus program, which involves compensating officers and key personnel with a mix of shares and cash based on achieving specific performance indicators. The company plans to issue shares for the 70% equity component of the bonuses, pending TSXV acceptance.
Organto Foods Inc. has successfully closed a non-brokered private placement, raising C$1.0 million through the issuance of 4,000,000 units at a price of $0.25 per unit. This financing was completed with a strategic investor and will support the company’s general working capital. The transaction includes common shares and warrants, with a hold period until October 27, 2025. This move is expected to bolster Organto’s operational capabilities and enhance its market positioning in the organic produce industry.
Organto Foods Inc. announced the results of its annual general meeting, where 57.9% of eligible shares were voted, and all matters received over 99% support. Shareholders elected five directors and approved the appointment of Dale Matheson Carr-Hilton Labonte LLP as the independent auditor for the next year. The continuation of the company’s Share Option and Restricted Share Unit Plans was also approved, indicating strong shareholder confidence in Organto’s strategic direction.
Organto Foods Inc. has announced the final settlement of its convertible debenture obligations, exchanging C$8,050,000 worth of debentures for 40,250,000 common shares. This move is part of Organto’s strategy to reduce debt and increase equity, positioning the company for future growth. The settlement reflects the company’s commitment to building a world-class foods company and creating long-term value for stakeholders. The company has also engaged Jaluca Limited to assist in its restructuring efforts, issuing additional shares as part of the advisory agreement.
Organto Foods Inc. announced a C$1.0 million private placement financing with a strategic investor, aiming to issue up to 4,000,000 units at $0.25 per unit. This move is part of Organto’s strategy to manage its balance sheet conservatively while capitalizing on its recent operational success, including significant sales and profit growth. The proceeds will be used for general working capital, and the transaction is subject to regulatory approvals. The announcement reflects the company’s ongoing restructuring efforts and strategic realignment, which have laid a foundation for sustained growth and profitability.
Organto Foods Inc. announced record-breaking financial results for the first quarter of 2025, with sales reaching $13.6 million, a 193.5% increase from the previous year. The company achieved its first positive EBITDA quarter, attributed to strategic restructuring and cost reduction efforts. This performance highlights Organto’s momentum towards sustained growth and profitability, as well as its commitment to creating lasting value for stakeholders.