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OrganiGram Holdings (OGI)
NASDAQ:OGI
RESEARCH TOOLSreports
Earnings Data
Report Date
Apr 15, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
-0.03Last Year’s EPS
-0.16Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 11, 2025
|% Change Since: -23.70%
|Next Earnings Date:Apr 15, 2025
Earnings Call Sentiment|Neutral
Organigram demonstrated strong growth in market share and international sales, with effective new product launches and operational efficiency gains. However, challenges remain in the competitive edibles market and seasonal impacts on margins, along with an increased net loss due to accounting adjustments.Company Guidance
During the call, Organigram Holdings provided guidance for its fiscal 2025, highlighting several key metrics. The company reported a 17% increase in net revenue to $42.7 million compared to the same quarter last year, driven by strong performance from flagship brands SHRED and BOXHOT. Organigram expanded its national market share by 500 basis points year-over-year, achieving the number one position in both the vapes and pre-roll categories with significant market share gains. International sales increased 2.3 times year-over-year to $3.3 million, contributing to an adjusted gross margin of 33%. The company anticipates adjusted gross margin to stabilize around 35% for fiscal 2025. Additionally, Organigram expects to realize $10 million in annualized savings from the Motif acquisition within 24 months, with $5 million anticipated in fiscal 2025. The company also projects a positive cash flow from operations by the end of the fiscal year, supported by an international expansion strategy and increased flower output.Strong Market Share Growth
Organigram expanded its national market share by 500 basis points year-over-year and 100 basis points sequentially. The company is now ranked number one in both the vapes and pre-rolls categories nationally.
Successful Product Launches
The Edison Sonics gummy saw strong demand, exceeding initial expectations and becoming a top 10 offering in markets like New Brunswick and BC.
International Expansion
International sales grew 2.3 times year-over-year to $3.3 million. Organigram anticipates further growth, particularly in Germany, with the upcoming EU GMP certification of the Moncton facility.
Operational Efficiency Improvements
The Winnipeg distribution optimization yielded $400,000 in annual savings. The Motif acquisition is expected to bring $10 million in annualized savings within 24 months, with early wins in manufacturing and sales.
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OGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 11, 2025 | $1.73 | $1.44 | -16.76% |
| Dec 18, 2024 | $1.61 | $1.47 | -8.70% |
| Aug 13, 2024 | $1.44 | $1.81 | +25.69% |
| May 14, 2024 | $1.84 | $1.84 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OrganiGram Holdings (OGI) report earnings?
OrganiGram Holdings (OGI) is schdueled to report earning on Apr 15, 2025, TBA Not Confirmed.
What is OrganiGram Holdings (OGI) earnings time?
OrganiGram Holdings (OGI) earnings time is at Apr 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OGI EPS forecast?
OGI EPS forecast for the fiscal quarter 2025 (Q2) is -0.03.
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