---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-23-005342"
form_type: "8-K"
ticker: "STKL"
cik: "0000351834"
company_name: "SunOpta Inc."
filed_at: "2023-03-01T23:59:59+00:00"
generated_at: "2026-06-18T19:12:39.573287+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SunOpta Q4 revenue up 8.4% to $221.3M; Adj. EBITDA $23.5M (+122.7%); reaffirms FY2023 outlook

## Summary
- Q4 revenue $221.3M (+8.4% YoY); plant-based segment up 23.5% ex-sunflower; gross profit +56.4% to $28.2M.
- Net loss from continuing ops $0.9M vs $6.1M loss prior year; adjusted EPS $0.02 vs -$0.05.
- Adjusted EBITDA $23.5M (10.6% of revenue) vs $10.6M (5.2%) prior year, up 122.7%.
- FY2023 outlook: revenue $1,000-1,050M (7-12% growth; 14-20% ex-sunflower); Adj. EBITDA $97-103M (16-23% growth).
- Engaged Capital to exchange all Series B-1 Preferred for 6.1M common shares at $2.50/share; governance rights terminated.

## SEC filing metadata
- accession: 0001062993-23-005342
- form_type: 8-K
- ticker: STKL
- cik: 0000351834
- company_name: SunOpta Inc.
- filed_at: 2023-03-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/351834/000106299323005342/0001062993-23-005342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/351834/000106299323005342/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-23-005342
- JSON: https://secwatch.observer/filing/0001062993-23-005342.json
- Plain text: https://secwatch.observer/filing/0001062993-23-005342.txt

## Key facts
- Earnings Releases
  SunOpta Inc. reported the fourth quarter ended December 31, 2022 results: revenue $221.3 million, net income $0.2 million, EPS $0.00 per diluted common share. Guidance reaffirmed.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $221.3 million
  - Net income: $0.2 million
  - EPS: $0.00 per diluted common share
  - Guidance: reaffirmed
  - Result: reported results
  source text: are expressed in U.S. dollars and results are reported in accordance with U.S. GAAP, except where specifically noted. Fourth Quarter 2022 highlights: Revenues increased 8.4% to $221.3 million reflecting 10.8% growth in the plant-based segment and 4.5% growth in the fruit-based segment. Excluding the impact of the sunflower business, which was divested in October,
  evidence_url: https://www.sec.gov/Archives/edgar/data/351834/000106299323005342/0001062993-23-005342-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.