James McInnes’ Post

Another record breaking quarter! Financial results for the period ending Dec. 31 2023 were just released and once again we broke a couple of records! First off, we reported our lowest quarterly loss in two years, reducing our quarterly loss to only $275,808, a 78.1% decrease or ~ $1M less than the same quarter last year. We also posted our highest gross margin since going public, coming in at 33.3% of revenue, compared to 15.4% from the same quarter last year, an increase of 103.3%! Our focus this quarter was on improving profitability and we were very successful in this endeavour, despite some pressure on our top-line revenue due to lower discretionary spending by consumers. It's great to see our efficiencies translating into improved financial performance and putting us on a path towards profitability! #firstquarterresults #financials #vegan #plantbased #restaurant #fastfood #publiccompany #stockmarket #investing #franchising

Odd Burger Announces First Quarter Financial Results

Odd Burger Announces First Quarter Financial Results

newswire.ca

Andrew Meyer

Edward Don Food and Beverage Guru

7mo

Amazing! James McInnes when can we connect?

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Prashant Dalal

Master Franchisor | Area Developer-ON | Optician | Investment Consultant

7mo

Fantastic!!!

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Leslie Rubb

Sales and Business Development Manager at GTA General Contractors

7mo

Amazing, congrats

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jim jackson

President at Adept Food and Beverage (formerly Blender Boyz)

7mo

Good work. It's tougher out there than most people think. Good progress.

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Jake Coetzee, RIBO, CAIB

Diligent and proven property/casualty insurance placement broker - finding creative commercial insurance solutions for hard-to-place businesses

7mo

33% in this business. In this economy. Unbelievable results James!

Alex Leonard, MES

Helping Brands Talk About Sustainability | Founder of AL Media | Marketing Specialist at Evoco | Documentary Filmmaker | TEDx Speaker

7mo

Keep up the great work and delicious product! 👌🍔

AJ Bhardwaj

Professional vegan chef, operations management, recipes and menu developments, team management.

7mo

Congratulations to you and your team.🙂

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Elysabeth Alfano

Focused on Financing a Sustainable Food Future, CEO & Food/Climate Entrepreneur, Global Food Systems Speaker: United Nations, Bloomberg, Ameritrade TV, NYSE Podcast Host

7mo

Get it!

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