Organto Foods Inc V.OGO

Alternate Symbol(s): OGOFF

Consumer Defensive Packaged Foods

Organto Foods Inc. is an integrated provider of branded, private label, and distributed organic and non-genetically modified organism (GMO) fruit and vegetable products. The Company is engaged in the sourcing, processing, packaging, distribution and marketing of fresh organic and value-added vegetable and fruit products. It offers a range of premium organic products to meet the diverse needs of its customers. In addition to mangoes, avocados, bananas, herbs, green asparagus, and ginger, it also provides a variety of other organic fruits and vegetables, including hard fruit, like apples and pears, perfect for snacking or use in baked goods and salads; citrus fruits, such as limes, oranges, lemons, and grapefruits, bursting with flavor and nutrition; soft fruits/berries, including raspberries and blueberries, packed with antioxidants and delicious taste; mushrooms, like white/brown, oyster, chestnut, and portobello; sweet potatoes; fresh cut fruit, and legume vegetables.

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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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