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