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This article first appeared on GuruFocus. Release Date: November 12, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Net sales increased 225% to $42 million, driven by the Novitas and Terrasol acquisitions and retail distribution expansion. Achieved net income of $1.7 million and adjusted EBITDA of $2.1 million, a significant improvement from the prior year. Integration of Novitas is complete, and Terrasol integration is progressing, with early synergies being realized. Strong balance sheet with $17.3 million in cash and no outstanding debt, providing flexibility for growth investments. E-commerce channel grew over 3.5 times year-over-year to $22.
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