RUBICON ORGANICS INC

Rubicon Organics Inc. (OTCQX:ROMJF) Q4 2024 Earnings Conference Call April 2, 2025 10:00 AM ET Company Participants Margaret Brodie - CEO Janis Risbin - CFO Conference Call Participants Neal Gilmer - Haywood Securities Pablo Zuanic - Zuanic & Associates Andrew Semple - Ventum Financial Josh Felker - CB1 Capital Operator Good morning, everyone. Welcome to the conference call for Rubicon Organics Q4 Financial Results for the three and 12 months ended December 31, 2024.» Mehr auf seekingalpha.com

Highlights for the fourth quarter ended December 31, 2024 and subsequent events: Record high net revenue of $14.2 million, an increase of 42% from Q4 2023 Achieved Adjusted EBITDA1 of $1.6 million (including $0.25 million of one-time ERP costs) Achieved positive operating cashflows of $2.3 million and Free Cash Flows2 of $1.8 million Secured $10 million credit facilities at interest rate of 6.75% for 5 years Entered into purchase and sale agreement for Hope, BC facility, expanding capacity of premium flower by 40%3 Secured key international certification and delivered first international shipment Highlights for the year ended December 31, 2024: Record high net revenue of $48.7 million, an increase of 21% from 2023 Adjusted EBITDA1 of $4.0 million (including $0.9 million of one-time ERP costs) Operating cash flow of $3.4 million VANCOUVER, British Columbia, April 01, 2025 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company is Canada's leading premium licensed producer focused on cultivating and selling organic certified, premium and super-premium cannabis products, today reported its financial results for the year ended December 31, 2024 (“Q4 2024”). All amounts are expressed in Canadian dollars.» Mehr auf globenewswire.com

VANCOUVER, British Columbia, March 18, 2025 (GLOBE NEWSWIRE) -- Rubicon Organics Inc. (TSXV: ROMJ) (OTCQX: ROMJF) (“Rubicon Organics” or the “Company”), a licensed producer focused on cultivating and selling organic certified and premium cannabis products, is pleased to announce that it will be reporting its financial results for the year ended December 31, 2024 (“Q4 2024”) after market close on Tuesday, April 1, 2025.» Mehr auf globenewswire.com