The Fresh Factory reports a $0.6M EBITDA improvement in H1 2024 and a 26% revenue increase, securing a 56,000-sq-ft facility for expansion.

Clean-label food and beverage company, The Fresh Factory, reports its second consecutive quarter of positive EBITDA, reaching $0.6M (CAD $0.8M) in H1 2024, a significant improvement from a loss of $1.5M (CAD $2.1M) in H1 2023. Q2 2024 revenue reached $7.3M (CAD $10.1M), a 26% increase year-over-year. The company secured a 56,000-square-foot facility in Downers Grove, Illinois, to expand production capabilities and drive growth initiatives.

August 29, 2024
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