SunOpta Q3 fiscal 2021 revenue up 3.6%; plant-based up 16%; adjusted EBITDA up 8.4%

SunOpta Inc.

2021-Q3 EPS reported -$0.06 revenue$608,392,000

Revenue $198.5M (+3.6% YoY); plant-based segment $114.9M (+16%), fruit-based $83.6M (-9.7%).
Loss from continuing ops $3.0M vs $3.9M loss; adjusted EPS $0.01 vs -$0.06.
Gross margin 11.8% down 220 bps; supply chain, labor shortages, and incremental depreciation cited.
Adjusted EBITDA $15.6M (7.9% rev) vs $14.4M (7.5%) prior year, up 8.4%.
Total debt $220.3M vs $443.8M a year earlier; cash from ops $5.1M from continuing ops.

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