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FAQ: Stonegate Capital Partners Updates Coverage on Burcon Nutrascience Corporation (TSX: BU) – 4Q26

Stonegate updated its coverage on Burcon Nutrascience Corporation (TSX: BU), highlighting the company's transition from commissioning to early utilization at its Galesburg plant, with growing customer volume and sequential revenue growth.
Burcon reported 4Q26 revenue of $0.83M, up from $0.74M in 3Q26, and management indicated current-quarter sales were tracking toward approximately 50% sequential growth based on April/May activity.
Burcon completed commissioning and launched commercial production for Peazazz pea protein, Puratein C canola protein, and FavaPro fava protein in FY26.
Burcon has over 30 purchasing customers and more than 200 active projects across pea, canola, and fava applications.
Burcon set a new production record with daily output roughly 60% above January–March levels.
Burcon completed $6.9M in funding, with an additional $3.0M undrawn, and management targets $10M in CY26 sales.
As volume builds, margin improvement is expected to come from better fixed-cost absorption, steadier production cadence, and the removal of start-up costs from the run-rate cost structure, rather than pricing alone.
Stonegate Capital Partners is a leading capital markets advisory firm providing investor relations, equity research, and institutional investor outreach for public companies. Their affiliate, Stonegate Capital Markets, offers investment banking services.
You can view the full announcement including downloadable images at the provided link. For inquiries, contact Stonegate Capital Partners at (214) 987-4121 or info@stonegateinc.com.
