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GURU Organic Energy Delivers Record Q3 2025 Results With Return to Profitability
Globenewswire· 2025-09-11 11:00
Successful Canadian Distribution Transition Puts GURU Back in Direct Relationship with its Customers, Driving Flexibility, Growth and Strong EarningsKey Highlights: First profitable quarter since becoming public in 2020, with net income of $1.3 million in Q3 versus a $2.2 million loss in Q3 2024; year-to-date net loss decreased 79% to $1.4 million.Record net revenue of $10.4 million in Q3, up 31.4% from $7.9 million in Q3 2024.Gross margin expanded to 71.3% in Q3, including a one-time change in estimate rel ...