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

Executive Summary

• Record Q1 net revenue of C$8.8 M (+14.7% YoY) – the strongest first quarter in company history.
• Adjusted EBITDA turned positive at C$0.01 M, marking the third consecutive EBITDA‑positive quarter and the first EBITDA‑positive Q1 since going public.
• Net loss narrowed dramatically to C$0.3 M (‑78.4% YoY) while cash balances stood at C$28.2 M with an additional C$10 M of unused credit facilities.

Key Details

• Revenue & Margin – Net revenue C$8,826 K vs. C$7,695 K in Q1 2025; gross margin expanded to 63.0% (up 345 bps).
• Profitability – Adjusted EBITDA C$9 K vs. a loss of C$1,057 K in Q1 2025; net loss C$290 K vs. C$1,284 K prior year.
• Segment Performance
• Canada: Net revenue up 27.9% to C$7.2 M, driven by Zero Sugar innovation and direct‑distribution model.
• United States: Revenue declined 20.7% to C$1.7 M due to elevated distributor inventories in the prior period; early Q2 shipments showed >50% YoY recovery.
• Operating Expenses – SG&A C$6,100 K (flat YoY); as % of revenue improved to 68.7% from 78.8%; sales & marketing down 7.7% to C$3.0 M.
• Liquidity – Cash, cash equivalents and short‑term investments C$28.2 M; unused credit facilities C$10.0 M.
• Innovation Pipeline – Launched GURU Zero Dragon Fruit Cherry Sorbet (Jan) and plans Q2 launch of GURU Zero Orange Raspberry Sorbet across Quebec retailers and online. Seasonal marketing campaign slated for May.
• Outlook – Focus on expanding distribution in Canada & U.S., continued Zero Sugar launches, pricing discipline, cost control, and selective high‑return brand/e‑commerce investments.

Notable Quotes

“Q1 2026 marked the third consecutive quarter of positive Adjusted EBITDA and the strongest first quarter in GURU’s history… With this milestone now behind us, we are turning our full attention to accelerating brand growth across Canada and the U.S., while maintaining disciplined cost management.” – Carl Goyette, President & CEO

Conference call scheduled for March 12, 2026 at 10:00 a.m. ET (webcast link provided in release).