Northwire Canada EditionTuesday, August 25, 2026
Northwire
GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0% GOLD 4697.80 +0.4% SILVER 68.59 −1.4% COPPER 6.61 +0.3% OIL 85.01 −2.4% PALLADIUM 1359.75 +0.7% NVO 0.070 +0.0% SRA 0.780 +0.0% TUK 0.020 −20.0% GWM 0.610 −4.7% MINE 0.110 +0.0% EGM 0.100 +0.0% IRO 1.11 +2.8% CBR 1.41 +2.5% CTN 0.045 +0.0% GMX 2.06 +2.0% NPR 0.700 −2.8% CGD 1.28 +8.5% CRE 0.390 +13.0% PE 0.250 +0.0% PER 0.150 +7.1% SVRS 0.540 +8.0%
Earnings

Rubicon Organics Reports 2025 Financial Results

ROMJ · Price

Executive Summary

  • Rubicon Organics reported record 2025 net revenue of $59.5 M (up 22% YoY) and a Q4 2025 revenue of $16.5 M (up 16% YoY).
  • Adjusted EBITDA rose to $5.0 M for the year and $1.2 M for Q4, while net income turned positive at $1.1 M after a loss in 2024.
  • Completed first harvests from the newly acquired Cascadia indoor facility in February 2026; the combined production capacity now stands at ~15,500 kg across Pacifica and Cascadia.

Key Details

  • 2025 Financial Highlights
  • Net revenue: $59.5 M (↑22% YoY)
  • Gross profit before fair‑value adjustments: $19.5 M (↑27%)
  • Adjusted EBITDA: $5.0 M (↑25%)
  • Profit from operations: $1.8 M; Net income: $1.1 M

  • Q4 2025 Financial Highlights

  • Net revenue: $16.5 M (↑16% YoY)
  • Gross profit before fair‑value adjustments: $5.3 M (↑4%)
  • Adjusted EBITDA: $1.2 M

  • Operational Milestones

  • Cascadia facility rated capacity: 4,500 kg; first harvests completed 19 Feb 2026.
  • Combined annual production capacity of Pacifica + Cascadia: ~15,500 kg.
  • Anticipated GACP certification for Cascadia in coming months to support international medical market entry.

  • Market Position

  • 12 premium licensed producer in Canada (overall) and #12 premium vape brand (18.7% share).

  • 1964 Supply Co.™ ranked #12 premium brand; Wildflower™ holds #22 topical brand with 25.9% market share.

  • Financing Activity

  • Closed non‑brokered private placement: gross proceeds ≈ $4.5 M.
  • Secured a $3 M long‑term loan at 6.79% interest (5‑year term, 10‑year amortization).

  • Outlook for 2026

  • Expect revenue and Adjusted EBITDA growth driven by Cascadia ramp‑up; margin pressure anticipated in H1 due to capital outlays, with improvement in H2 as production commercializes.
  • Targeting international launch of 1964 Supply Co.™ brand and additional genetic releases (e.g., BC Organic Lemolada, Mandarin Zktz).

  • Conference Call – March 24 2026, 7:00 AM PT / 10:00 AM ET (details provided in release).

Notable Quotes

“In a milestone year, we delivered record revenues… Cascadia is now fully planted and early harvests are complete. We expect this expanded supply to support both domestic and international growth…” – Margaret Brodie, CEO

Read the original news release →

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