Organto Foods Announces Extension of Research Services Agreement
Organto ties extended third-party research coverage to a period of rapid sales growth, record profitability metrics and a debt-free balance sheet.
Rhea-AI Summary
Organto Foods (OGOFF) renewed its research services agreement with Atrium Research Corporation, effective September 15, 2026, for a 12‑month term at $2,500 per month, subject to TSXV approval.
Atrium will publish research reports based on public information, industry data and management discussions, and will host interviews with Organto’s management to present its investment case in organic and sustainable foods. Organto reports that 2026 first‑half sales increased 73% versus the prior year, with an annualized sales run rate now above $100 million. Gross profit and EBITDA reached record levels, while working capital was $15.3 million with no long‑term debt at the end of the second quarter. Both adjusted gross profit and EBITDA are presented as non‑IFRS measures, used by management to better track operating performance over time.
Positive
- Sales +73% over the first two quarters of 2026 versus the prior year
- Annualized sales run rate > $100 million based on first-half 2026 results
- Working capital $15.3 million and no long-term debt at end of Q2 2026
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC AND BREDA, THE NETHERLANDS / ACCESS Newswire / September 14, 2026 / Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) ("Organto" or the "Company") is pleased to announce that it has renewed its research services agreement with Atrium Research Corporation ("Atrium"), a leading company-sponsored research firm, effective September 15, 2026. Under the renewed agreement, Atrium will publish research reports on the Company based on publicly available information, industry data and discussions with management. Atrium will also host a series of interviews with members of Organto's management team to present the Company's investment case and positioning in fast-growing global organic and sustainable foods categories.
"We continue to realize record growth in our business, and we believe our integrated organic and sustainable foods business model represents an interesting opportunity for the investment community. Following record growth in 2025, we have delivered record first and second quarter results in 2026. Over the first two quarters, sales increased
Atrium will receive cash compensation of
Atrium and the Company are arm's-length parties, and neither Atrium nor its insiders hold any shares or options to purchase shares in the issued and outstanding capital of the Company.
ABOUT ATRIUM RESEARCH
Atrium Research provides institutional-quality company-sponsored research on public equities in North America. Its investment philosophy takes a three-to-five-year view on equities that are currently being overlooked by the market. Its research process emphasizes understanding the key performance metrics for each company, assessing management teams and conducting in-depth valuation analysis. Atrium Research is wholly owned and operated by its co-founders, Ben Pirie and Nicholas Cortellucci.
ON BEHALF OF THE BOARD,
Steve Bromley
Co-Chair and Chief Executive Officer
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
- The information presented herein refers to the non-IFRS financial measures of adjusted gross profit and EBITDA. We hedge currencies for certain product categories where either the supply or sales commitments are fixed in foreign currencies. The gains and losses from these hedging activities are combined with gross profit to determine adjusted gross profit. We also refer to EBITDA, which is Earnings before interest, taxes, depreciation and amortization. These two measures are not recognized measures under IFRS and do not have a standardized meaning prescribed by IFRS. Non-IFRS financial measures should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS and are unlikely to be comparable to similar measures presented by other issuers. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of the Company's results of operations from management's perspective and thus highlight trends in its business that may not otherwise be apparent when relying solely on IFRS measures. The Company believes that securities analysts, investors and other interested parties frequently use non-IFRS financial measures in the evaluation of the Company. The Company's management also uses non-IFRS financial measures to facilitate operating performance comparisons from period to period and to prepare annual operating budgets and forecasts.
For more information contact:
info@organto.com
John Rathwell
647 629 0018
ABOUT ORGANTO FOODS
Organto Foods Inc. (TSXV:OGO)(OTCQX:OGOFF)(FSE:OGF0) is a Canadian-headquartered company supplying certified organic and fairtrade produce to leading international retailers. Organto manages global sourcing, logistics and distribution through an integrated, capital-efficient model that connects growers and consumers with transparency, sustainability and operational excellence.
FORWARD LOOKING STATEMENTS
This news release may include certain forward-looking information and statements, as defined by law including without limitation Canadian securities laws and the "safe harbor" provisions of the US Private Securities Litigation Reform Act of 1995 ("forward-looking statements"). In particular, and without limitation, this news release contains forward-looking statements respecting Organto's business model and markets; Organto's belief that the Company continues to realize record growth in its business; Organto's belief that its integrated organic and sustainable foods business model represents an interesting opportunity for the investment community; Organto's belief that after record growth in 2025, the Company has realized record first and second quarter results in 2026, with sales increasing
SOURCE: Organto Foods, Inc.
View the original press release on ACCESS Newswire
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What services will Atrium Research provide to Organto during the renewed agreement?
Atrium will publish research reports on Organto based on publicly available information, industry data and discussions with management. It will also host a series of interviews with members of Organto’s management team to present the company’s investment case and positioning in global organic and sustainable foods categories.
What are the key terms of Organto’s renewed agreement with Atrium Research?
The renewed agreement runs for 12 months starting September 15, 2026. Atrium will receive cash compensation of $2,500 per month. After the initial term, Organto may extend the agreement either for another 12 months at the same fee structure, or on a quarter‑to‑quarter basis at a prorated fee plus a 5% increase. The engagement is subject to TSXV approval.
How does Organto define and use its non-IFRS measures adjusted gross profit and EBITDA?
Adjusted gross profit combines gross profit with gains and losses from currency hedging activities related to certain product categories where supply or sales commitments are fixed in foreign currencies. EBITDA is defined as earnings before interest, taxes, depreciation and amortization. These measures are not standardized under IFRS and should not be considered in isolation, but are used by management to better understand operating performance, identify business trends and support budgeting and forecasting.