bullish
OGO: Recreating SunOpta's Success
SUMMARY
- Organto has effectively transitioned its business to an asset-light model, growing revenue from $1.5M in 2018 to $49M in 2023E
- OGO now has a diversified platform covering 170 customers using its global supply chain that can provide year-round supply to its customers
- Organto’s management team and board contain various executives that grew SunOpta to >US$1B in sales using a similar business model Organto Foods Inc. (OGO:TSXV) operates as a marketer and distributor of organic and non-GMO fruits and vegetables to end-consumers in Europe.
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