08:18 AM EDT, 03/13/2025 (MT Newswires) -- GURU Organic Energy ( GUROF ) reported on Thursday a narrower first-quarter net loss that was lower than analysts' expectations.

The organic energy drink brand booked a net loss in the three months ended Jan. 31 of $1.3 million, or $0.04 per share, compared with the analyst consensus loss per share estimate of $0.05 compiled by FactSet. The company said this was its lowest quarterly loss since the second quarter of 2021.

The result is an improvement from a loss of $1.9 million, or a loss of $0.06 per share, recorded in the previous year.

Net revenue stood at $7.7 million, beating the analyst consensus sales forecast of $7.3 million compiled by FactSet. GURU said this was the best first-quarter revenue in the company's history. It was also higher than $7.1 million booked last year.

Adjusted EBITDA loss narrowed to $1.1 million from a loss of $2.0 million.

"We are very pleased to report a record Q1 performance, fueled by strong U.S. growth and continued focus on margin expansion and operational efficiencies," President and CEO Carl Goyette said. "Our strategy to enhance pricing execution and optimize promotions has led to continued significant improvement in gross margin, which reached 59.5%"

GURU's share price climbed 5.6% on Wednesday to $1.71 on the TSX.