Organto Foods Inc V.OGO

Alternate Symbol(s): OGOFF

Consumer Defensive Packaged Foods

Organto Foods Inc. is engaged in the sourcing, processing, packaging, distribution and marketing of fresh organic and non-GMO fruit and vegetable products. The Company offers a range of branded, healthy and nutritious fresh organic fruits, vegetables and herbs across many countries. It uses geographically diverse growing regions, including South America, North America, Africa and Europe. Its brands include I AM Organic and Fresh Organic Choice. I AM Organic product provides fresh organic vegetables, fruits and herbs. Fresh Organic Choice offers a range of branded and private label fresh cut organic herbs, such as mint, oregano, basil, chives, parsley, dill, thyme, sage, rosemary, and others. Its products include convenience and to-go, vegetable mix, fresh meal kit, asparagus, avocados, blueberries, fine beans, ginger, herbs, mangetout, mango, limes, passion fruit, raspberries and sugar snaps. Its sourcing’s regions include many countries in Europe, North and Latin America and Africa.

TSXV:OGO - Post by User

Organto Foods Inc

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Post by Luckierjack2on Aug 31, 2022 4:46pm

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Sales increased, but food distribution is at best a 10-15% gross margin business. They don't even get that high. They are sub 10%. The big question is, "Can they grow sales fast enough to pay for the overhead and start to make money?"

I have my doubts.

LJ

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