GURU Organic Energy Corp (TSE:GURU) has released an update.
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GURU Organic Energy Corp. reported a robust 19% increase in net revenue for the first half of 2024, totaling $15.1 million, with significant growth in the U.S. market where sales soared by 143%. Gross profits also saw a notable rise to $8.2 million, contributing to a reduced net loss of $4.5 million compared to the previous year. The company is gearing up for further expansion with the upcoming launch of its GURU Zero product line in the U.S. and a brand revitalization planned for the third quarter of 2024.
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