Organic Agricultural(OTC) OGAA

Organic Agricultural Company Limited specializes in processing and distributing a diverse range of food products throughout the People's Republic of China. Established in 2018, the company offers both standard and selenium-enriched agricultural goods, including rice, beans, honey, and vegetable oils, while also providing software development services.

Products and Services

• Standard and selenium-enriched paddy products
• Rice, beans, and honey
• Vegetable oils and various agricultural goods

Growth Outlook

• Revenue increased to $297,435 in Q3 2023, showing strong demand
• Gross profit margin improved to 28.1% in Q3 2023
• Operating income reached $115,914 in Q3 2023, indicating operational efficiency

Financial Highlights

• Trailing twelve months (TTM) revenue of $1,310,000
• Net income of $114,088 in Q3 2023, a significant turnaround
• Current ratio of 1.11, indicating good short-term financial health

Organic Agricultural Company Limited has demonstrated a notable recovery in its financial performance, particularly in the most recent quarter. The increase in revenue and improvement in gross profit margin reflect a growing market presence and operational efficiency. The company's ability to generate a positive net income in Q3 2023 marks a significant milestone, showcasing its potential for future profitability. With a solid current ratio, the company appears well-positioned to meet its short-term obligations, making it an intriguing option for investors interested in the agricultural sector.