We review different companies that compose the industry: the trends, issues, challenges, and their strategies. For this first edition, we will just provide an overview of the key points. Our ultimate goal is to identify companies and products that may have a strategic advantage in competing in this transforming industry.
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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]
The stock is up 150% after its RTO on November 2, as the natural plant-based energy drink resonates with the Millennial and Gen Z markets. The Company closed a C$34.5 million financing and begins an aggressive North American expansion. U.S. energy drink market is $13B, growing at over 9% per year [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]
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