tiprankstipranks
Trending News
More News >

The Fresh Factory Achieves Record Revenue and Expands Product Line in 2024

Story Highlights

The latest announcement is out from Fresh Factory B.C. Ltd. ( (TSE:FRSH) ).

The Fresh Factory B.C. Ltd. reported a record fiscal year 2024 with total billed revenue of $32.9 million, marking a 39% increase from the previous year. The company achieved its highest-ever quarterly revenue in Q4 2024 and saw significant growth in adjusted gross margins and operational efficiency. The expansion of its facility in Downers Grove, IL, and the successful launch of smoothies complement its existing product line, positioning the company for further growth and demand fulfillment in 2025.

More about Fresh Factory B.C. Ltd.

The Fresh Factory B.C. Ltd. is a mission-driven company focused on the fresh-food sector, emphasizing clean-label and better-for-you food and beverage products. The company serves emerging brands in this industry, offering products such as cold-pressed juices, wellness shots, and smoothies.

YTD Price Performance: -6.57%

Average Trading Volume: 10,709

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$33.44M

Find detailed analytics on FRSH stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App