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Rubicon Organics (ROMJF)
:ROMJF
Earnings Data
Report Date
May 14, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 02, 2025
|% Change Since: 6.67%
|Next Earnings Date:May 14, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Rubicon Organics' strong revenue growth, market share leadership, and successful product launches, despite facing challenges like price compression and capacity constraints. The strategic acquisition of a new facility and international expansion signal future growth potential.Company Guidance
In the recent conference call discussing Rubicon Organics' Q4 financial results for fiscal year 2024, several key metrics and strategic initiatives were highlighted. The company achieved a record high net revenue increase of 21% for the three-month period and 42% for the twelve-month period ending December 31, 2024, compared to the previous year. Additionally, Rubicon reported a positive adjusted EBITDA of $4 million, excluding $900,000 in one-off ERP implementation costs. The company also achieved three consecutive quarters of profit from operations and maintained a leading market position with a 6.1% share of the total premium market over the past 12 months. The successful launch of their vape products contributed significantly to their growth, capturing 13% of the national resin vape category in Q4. Looking forward, Rubicon plans to expand its production capacity by over 40% with the acquisition of a new facility in Hope, BC, and expects further revenue growth and international expansion. The company has secured $10 million in credit facilities at a competitive interest rate of 6.75%, positioning it well for future growth opportunities.Record High Net Revenue
Rubicon Organics achieved record high net revenue for both the 3-month and 12-month periods ending December 31, 2024, up 21% and 42% respectively compared to 2023.
Positive Adjusted EBITDA
Reported positive adjusted EBITDA of $4 million, excluding $900,000 in one-off ERP implementation costs, with a record high profitability of $5 million without the costs.
Market Share Leadership
Rubicon holds over 6% market share of the Canadian premium market, with leading positions in the premium medical cannabis segment at 30% market share within a year of launch.
Vape Product Success
Successfully launched a vape product line, achieving over 13% national market share and 56% national distribution in six months.
International Expansion
Received GACP certification for the Delta facility, allowing Rubicon to execute inaugural international shipment to Poland and enter into an agreement to acquire a new facility in Hope, BC.
Awards and Recognition
Swept the 2024 KIND Magazine Awards with 11 accolades and won Vape of the Year and Best New Product.
Strong Operating Cash Flows
Operating cash flows improved to $2.3 million in Q4 2024, marking the third year of positive operating cash flows.
Strategic Acquisition
Acquired a new facility in Hope, BC, expanding annual production capacity by over 40% to 15,500 kilos.
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ROMJF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ROMJF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 14, 2025 | $0.30 | $0.31 | +3.33% |
Apr 02, 2025 | $0.39 | $0.36 | -7.69% |
Nov 14, 2024 | $0.25 | $0.28 | +12.00% |
Aug 15, 2024 | $0.34 | $0.31 | -8.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rubicon Organics (ROMJF) report earnings?
Rubicon Organics (ROMJF) is schdueled to report earning on May 14, 2025, TBA Not Confirmed.
What is Rubicon Organics (ROMJF) earnings time?
Rubicon Organics (ROMJF) earnings time is at May 14, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ROMJF EPS forecast?
Currently, no data Available
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