Farm Boy

Organic Garage’s FQ3/2021 revenue was $6.92 million, an increase of 21.6% year-over-year. Gross Profits remains steady above 30%. With improved revenue and previous cost-cutting measures, EBITDA was substantially higher at $0.69 million. [more]

With the upswing in food retail due to the current COVID-19 health crisis, Organic Garage recognized revenue increases in the past two quarters of 19% and 29% year-over-year. We believe this sales trend should continue. The new Leaside store, opening next year, should boost revenue by 10-20% in 2021. [more]