Key Highlights:
- First profitable quarter since becoming public in 2020, with net income of $1.3 million in Q3 versus a $2.2 million loss in Q3 2024; year-to-date net loss decreased 79% to $1.4 million.
- Record net revenue of $10.4 million in Q3, up 31.4% from $7.9 million in Q3 2024.
- Gross margin expanded to 71.3% in Q3, including a one-time change in estimate related to the termination of the Canadian exclusive distribution agreement. Excluding this adjustment, gross margin was 65.9%, compared to 55.4% last year.
- Continued strong financial position with $24.2 million in cash, cash equivalents and short-term investments, no debt, and $10 million of unused credit facilities as of July 31, 2025.
- Strong commercial momentum as the Company expanded its Canadian distribution agreements, launched GURU Zero in Canada, and posted record performance on Amazon with July becoming the highest sales month ever in Canada and the U.S.
MONTRÉAL, Sept. 11, 2025 (GLOBE NEWSWIRE) — GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company“), Canada’s leading organic energy drink brand1, today announced its results for the third quarter and nine-month period ended July 31, 2025. All amounts are in Canadian dollars unless otherwise indicated.
| Financial Highlights (in thousands of dollars, except per share data) |
Three months ended July 31 |
Nine months ended July 31 |
||||||
| 2025 | 2024 | 2025 | 2024 | |||||
| $ | $ | $ | $ | |||||
| Net revenue | 10,435 | 7,940 | 24,626 | 23,087 | ||||
| Gross profit | 7,436 | 3,538 | 15,893 | 12,648 | ||||
| Net income (loss) | 1,298 | (2,230) | (1,415) | (6,760) | ||||
| Basic and diluted income (loss) per share | 0.04 | (0.07) | (0.05) | (0.22) | ||||
| Adjusted EBITDA2 | 1,550 | (2,221) | (714) | (6,872) | ||||
Quote from Carl Goyette, President and CEO
“Q3 was a defining quarter for GURU. With the successful transition to our new Canadian distribution model, we are now firmly in control of our destiny, with greater flexibility to manage our business, deepen retailer relationships, and set the pace for our growth. We also returned to profitability with a 12.4% net margin, showing that when prioritized, GURU can deliver strong earnings, like in the past, while continuing to invest in our brand and innovation.”
Business Performance
Canada: Q3 marked the successful execution of GURU’s transition to a direct distribution model, supported by national and regional distributors, which resulted in sales growth of 35.0% to $8.7 million. Strong in-store activation and retail execution contributed to record sales in July, alongside innovation launches, including GURU Zero Wild Ruby Red and Wild Ice Pop, followed by Wild Strawberry Watermelon in Quebec. This successful transition positions GURU for stronger direct relationships with retailers and improved execution flexibility going forward.
United States: Sales grew 16.4% to $1.8 million in Q3, supported by online momentum and retail distribution gains. Amazon sales reached a record high in July, marking the highest sales month ever in Canada and the U.S., with Prime Day sales up 40% in Canada and …