GURU Organic Energy Reports Record Q1 Revenue of $8.8 Million and Third Consecutive EBITDA-Positive Quarter

Core Insights - GURU Organic Energy Corp. reported a record Q1 net revenue of CAD 8.8 million, a 14.7% increase from CAD 7.7 million in Q1 2025, marking the strongest first quarter in the company's history [3][7] - The gross margin expanded to 63.0%, up 345 basis points from 59.5% in Q1 2025, driven by pricing discipline and operational efficiencies [7][12] - The company achieved its third consecutive quarter of positive Adjusted EBITDA, reaching CAD 0.01 million compared to a loss of CAD 1.1 million in Q1 2025 [7][14] Financial Performance - Net revenue increased to CAD 8.8 million in Q1 2026 from CAD 7.7 million in Q1 2025, reflecting a 14.7% year-over-year growth [3][12] - Gross profit rose to CAD 5.6 million, up from CAD 4.6 million in Q1 2025, with gross margin improving to 63.0% [12][14] - Net loss improved by 78.4% to CAD 0.3 million, or CAD (0.01) per share, compared to a net loss of CAD 1.3 million, or CAD (0.04) per share, in Q1 2025 [14] Market Performance - Canadian net revenue surged by 27.9% to CAD 7.2 million, driven by the success of the Zero Sugar innovation line [8] - U.S. sales decreased to CAD 1.7 million, down 20.7% from CAD 2.1 million in Q1 2025, primarily due to elevated distributor inventory levels [9][10] - Consumer demand trends in the U.S. remain positive, with a 15% increase in sales across natural retail accounts over the last 12 weeks [10] Strategic Initiatives - The company launched GURU's Sorbet-inspired Zero Sugar series, with new flavors introduced in January and March 2026 [7][8] - GURU plans to expand distribution and activation across Canada and the U.S., focusing on wholesale clubs and premium retail channels [16] - Management emphasizes disciplined execution, margin protection, and sustained progress toward profitable growth as priorities for fiscal 2026 [11]