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Apr 16, 2026 8:01 AM

Sucro Announces Fourth Quarter and Year-End 2025 Results

Full year sugar deliveries increase 29% versus prior year, along with full year Net Income of $41.0M, an increase of $16.8M, or 69.3%, over 2024 

CORAL GABLES, Fla., April 16, 2026 /CNW/ - Sucro Limited (TSXV:SUGR) (OTCQB:SUGRF) ("Sucro" or the "Company"), an integrated sugar trader and refiner focused primarily on serving North American sugar markets, today announced financial results for the three and twelve months ended December 31, 2025. All amounts are in United States dollars ("U.S. $" or "$") unless otherwise noted.

Financial Highlights

Full-year revenue of $668.9 million on sugar deliveries of 838,607 metric tons; Q4 revenue of $149.4 million and 227,447 metric tons, respectively

Full-year net income of $41.0 million; Q4 net income of $11.6 million 

Full-year adjusted gross profit1 of $49.5 million and adjusted gross profit margin1 percentage of 7.4%; Q4 of $9.1 million and 6.1%, respectively

Full-year EBITDA1 of $64.9 million and adjusted EBITDA1 of $30.9 million; Q4 of $11.3 million and $3.4 million, respectively

Full-year adjusted gross profit per metric ton delivered1,2 of $59.05; Q4 of $40.16

For our refineries, Full-year volumes of 205,710 metric tons; Q4 of 44,561 metric tons

For our refineries, Full-year adjusted gross profit per metric ton delivered of $147.641; Q4 of $124.55

Q4 and Year-End 2025 Highlights

Three Months Ended Dec 31

Twelve Months Ended Dec 31

In 000s of U.S. $ except per share and volume metrics.                              

2025

2024

Change

2025

2024

Change

Sugar Deliveries (Metric Tons)

227,447

154,773

47.0 %

838,607

649,747

29.1 %

Revenue

$149,410

$160,066

-6.7 %

$668,935

$655,348

2.1 %

Gross profit

18,043

5,343

237.7 %

86,866

85,200

2.0 %

Adjusted gross profit1

9,133

11,889

-23.2 %

49,524

56,557

-12.4 %

Adjusted gross profit margin1

6.1 %

7.4 %

7.4 %

8.6 %

EBITDA1

11,300

948

1092.0 %

64,859

61,694

5.1 %

Adjusted EBITDA1

3,421

6,578

-48.0 %

30,910

34,125

-9.4 %

Adjusted EBITDA Margin1

2.29 %

4.11 %

4.62 %

5.21 %

Net Income (Loss)

11,552

(6,945)

-266.3 %

40,966

24,191

69.3 %

   Per share (basic)

1.05

(0.92)

-213.6 %

3.71

3.21

15.7 %

   Per share (diluted)

0.48

(0.29)

-263.6 %

1.70

1.02

66.6 %

Adjusted gross profit per metric ton delivered1,2

40.16

76.82

-47.7 %

59.05

87.04

-32.2 %

Free cash flow1

(944)

1,471