Filing Flows › Golden Growers Cooperative (GGROU) › Q1 2025
Golden Growers Cooperative (GGROU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Golden Growers Cooperative (GGROU) reported revenue of $20.1M for the first quarter 2025 (Q1 2025), +11% from a year earlier. Operating margin was 7.5%, net earnings $1.6M (7.9% of revenue).
Golden Growers Cooperative, Q1 2025: revenue $20.1M (+11% year over year), operating margin 7.5%, net earnings $1.6M, operating cash flow −$150K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.1M | — | +11% |
| Operating profit | $1.5M | — | +11% |
| Net earnings | $1.6M | — | +8% |
| Operating cash flow | −$150K | — | — |
What changed
Revenue was $20.1M in Q1 2025, up 11% year over year.
Operating profit was $1.5M, a 7.5% margin (unchanged year over year). Of the extra revenue versus a year earlier, 8% reached operating profit, below the 8% margin then. Total costs grew 11% against revenue growth of 11%. The fastest-growing cost line was General & admin (+20%). Net earnings were $1.6M, up 8% year over year. The effective tax rate was 0.0%.
Operating cash flow was −$150K. Working capital and other items used $1.7M.
Questions
What was Golden Growers Cooperative's revenue in the first quarter 2025?
Golden Growers Cooperative (GGROU) reported revenue of $20.1M for the first quarter 2025 (Q1 2025), +11% from a year earlier.
Was Golden Growers Cooperative profitable in the first quarter 2025?
Operating profit was $1.5M (7.5% of revenue) and net earnings $1.6M.