on Organto Foods Inc. (CVE:OGO)
Organto Foods Reports Record First Half of 2026
Organto Foods Inc., a provider of organic and fairtrade produce, has announced record financial results for the first half of 2026. Sales rose by 73% to reach $53.3 million, marking the highest first-half sales in the company's history. Adjusted gross profit increased by 108% to $3.8 million, while EBITDA improved to $0.5 million, up from a $0.2 million loss the previous year.
The company expanded its supply and customer network and saw growth in new regions including Switzerland, Spain, and Ukraine. Organto added several new strategic advisors and board members to support ongoing growth. The cash balance stood strong at $5.4 million, with no long-term debt, and a flexible funding facility increased to €7 million.
Organto is leveraging an AI-powered operational transformation to enhance decision-making and operating efficiency, aiming to capitalize on the growing demand for organic and fairtrade foods.
R. E.
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