GPO Plus Inc

gpoplus.com

What Do They Do?

Delivers convenience-store and gas-station goods through direct store delivery, and provides retailers with weekly replenishment, inventory support and related services.

How Do They Make Money?

Retailers pay for products GPO Plus delivers: the company buys goods wholesale or at discounts and sells them at a markup, and sometimes makes products itself. It also charges retailers a fee for weekly delivery; product sales are counted when shipped.

FY2025 revenue

Who Are Their Customers?

Convenience stores and gas stations buy products and weekly delivery services; the company works directly with retailers and their partners to tailor product selections and replenish shelves.

Customers above 10% of revenue, FY2026

of revenue from one customer

FY2025: 93% from one customer

Do Revenues Turn Into Profits?

No. It lost $2.4M in FY2025.

Operating income, FY2025

−38% of revenue

▼ −34% (Loss) vs FY2024 (−$3.2M, −67%)

Net income, FY2025

−44% of revenue

▼ −44% (Loss) vs FY2024 (−$4.3M, −91%)

Free cash flow, FY2025

−26% of revenue

▲ +27% (Loss) vs FY2024 (−$1.1M, −23%)

How Are They Changing?

Since the FY2025 annual report

Sep 7, 2026 Acquired ClearLine platform assets and GPOX Wireless business The company closed the acquisition from SurgePays, paying with Series D preferred shares.

Growing. Revenue grew 4.7x in 4 years, from $1.2M in FY2021 to $5.5M in FY2025, about 48% a year.

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