Organigram Global Inc Q4 2025 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Aaron Grey - AGP / Alliance Global Partners Corp - Analyst : Congrats on the strong quarter to finish the fiscal year. First question for me, I want to talk about international. Strong quarter here. I want to talk about how good of a base this might be to build off of. I know you talked about significant growth in fiscal year 2026. How much -- and then also more color in terms of how much of that enhanced cultivation, I believe you said 14,000 kilograms last quarter. Have you started to realize that? Or is that still to come? Because I know that was pegged for international. So any commentary on international growth expectations you expect going forward and then maybe some of the supply-demand dynamics you're seeing within those markets?

Question: Aaron Grey - AGP / Alliance Global Partners Corp - Analyst : Appreciate that color. That's helpful. Second question for me, just on the gross margin. I know you talked about the expectation for it to be better than 2025, 35%. So just want to get some more color given the strong 4Q of 38%. Were there some one-offs in 4Q that could moderate during 2026? Or is it fair to say that there might be some conservatism maybe within the gross margin improvements going forward? And I just want to clarify that does not include any further enhancement once you receive the EU-GMP.

Question: Aaron Grey - AGP / Alliance Global Partners Corp - Analyst : Okay. That's great to hear. I appreciate the color. I'll go and get back in the queue.

Question: Brenna Cunnington - ATB Capital Markets - Analyst : Congrats on the quarter. Just continuing on the line of thought with the Motif synergies materializing and approaching 40% margins next year. Roughly how much of this margin improvement do you think would be from further synergies from Motif versus cultivation improvements and other improvements in just general fundamentals?

Question: Brenna Cunnington - ATB Capital Markets - Analyst : Got you. And then, yes, we also noticed that the yield per plant improved in the last quarter as well. So that's good to see. And then our second question is just regarding CapEx plans. You're sitting on a decent amount of cash, specifically with the restricted cash that's preserved for investment. Could you just run us through again some of the plans for investments in the next year?

Question: Brenna Cunnington - ATB Capital Markets - Analyst : Okay. Perfect. Those are my questions. I'll hand it back.