GURU Organic Energy Soars with Q1 Growth

GURU Organic Energy Soars with Q1 Growth

GURU Organic Energy Corp (TSE:GURU) has released an update.

GURU Organic Energy Corp. has reported a robust first quarter in 2024, with a 43% increase in net revenue to $7.1 million, and a significant growth in the U.S. and Canadian markets, driven by strong online sales and new product launches. The company also saw a gross profit rise to $3.8 million and reduced its net loss to $1.9 million, highlighting a strategic push towards profitability and sustained financial health with $41.2 million in liquidity.

For further insights into TSE:GURU stock, check out TipRanks’ Stock Analysis page.

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