09:01 AM EDT, 03/14/2024 (MT Newswires) -- GURU Organic Energy Corp. ( GUROF ) , a Canada organic energy drink brand, on Thursday reported a fiscal first-quarter net loss of $1.9 million, or $0.06 per share, narrower than a loss of $2.6 million, or $0.08 per share, a year earlier.

Net revenue for the quarter ended Jan. 31, 2024, was $7.1 million, up from $5 million a year earlier.

Adjusted EBITDA loss for fiscal Q1 was $2 million, narrower than a loss of $2.6 million a year earlier.

As at Jan. 31, 2024, the company had cash, cash equivalents, and short-term investments of $31.2 million, and unused Canadian- and US-dollar-denominated credit facilities of $10 million.