New Risk • Jun 05
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: CA$136.5m (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.4m free cash flow). Earnings have declined by 6.4% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risks Significant insider selling over the past 3 months (CA$81k sold). Market cap is less than US$100m (CA$136.5m market cap, or US$98.0m). Announcement • May 29
Organto Foods Inc. to Report Q1, 2026 Results on May 28, 2026 Organto Foods Inc. announced that they will report Q1, 2026 results at 12:30 PM, US Eastern Standard Time on May 28, 2026 Announcement • May 28
Organto Foods Announces Appointment of Darryl Bergman as President, Effective June 1, 2026 ORGANTO FOODS INC announced the appointment of Mr. Darryl Bergman as President of the Company, effective June 1, 2026. In this role Mr. Bergman will report to Steve Bromley, Co-Chair and Chief Executive Officer, working in hand with the leadership team to drive core business activities and expansion plans and positioning key strategic growth initiatives for the future. Mr. Bergman joins Organto with more than 25 years of executive-level operating and financial experience, most recently serving as Executive Vice President and Chief Financial Officer of High Liner Foods Incorporated, a publicly traded processor and marketer of value-added seafood products. Mr. Bergman brings extensive international operating, financial and strategic growth experience in multiple industries to the Company, including leadership roles at Clearwater Foods and Sofina Foods, and previously as CFO for Exchange Income Corporation, a highly successful growth oriented diversified portfolio company with over $2.5 billion in revenues and Northland Power Inc. where he was part of the team that transformed the business from a small independent Canadian power operator to an internationally active renewable power company. The Company also recently announced a number of changes to its Leadership Team including the appointment of Alexander Widmann as Senior Vice President, COO Europe Operations, responsible for the operations of the European fresh operating platform and shared services platform, Gian Ferreiras as Senior Vice President, Business Development, responsible for the Company's current commercial activities but also taking on a larger role of identifying new commercial opportunities beyond the current platform, and Ana Cris de la Campa Ahedo as Director, Digital Technology and Business Controlling, a critical role as adaption of new technologies and systems to strategically differentiate the business is a key strategic priority for the Company. In addition, Bob Kouw has transitioned from day-to-day activities to focus on strategic M&A and operational treasury. Effective June 1, 2026, John Rathwell, currently Senior Vice President, Corporate Development, will transition to a Strategic Advisor role focused on providing strategic markets advice and continuity to the Company. As a result of these changes the Corporate Leadership Team now includes, Ana Cris de la Campa Ahedo, Alexander Widmann, Gian Ferreiras, Bob Kouw, Ralf Langner, Darryl Bergman and Steve Bromley.