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GURU Organic Energy Announces Fiscal 2024 Fourth Quarter and Annual Results
GlobeNewswire·2025-01-23 12:00

Key Highlights: Revenue and Gross Profit Growth with Reduced Losses: GURU achieved a 3.3% increase in net revenue to $30.2 million in 2024, while gross profit grew by 8.4% to $16.7 million, reflecting improved margins. Net loss decreased significantly by 21.3% to $9.4 million, underscoring the impact of disciplined cost management and operational efficiencies.Strong U.S. Momentum in Online and Retail Channels: GURU experienced significant growth of 61.6% in the U.S. in 2024.Margin Expansion: Gross margin im ...