Its good to see Jatcorp is still presenting some Quarterly Activities together with the mandatory Appendix 4C Cash Flow Report.
The revenue is increasing as expected and this will probably accelerate as according to this report
"the Company is now in an enviable position to reap the benefits of not only a strong rebound in trading conditions post-Covid, but to rapidly expand its business on the back of booming demand in the dairy, plant-based and immunity-support sectors."
So no debt and huge growth expected.
A couple of interesting gems from the report. This from highlights and seems very relevant now.
• JAT looking to strengthen its Board with additional expertise given recent growth of its business.
And this gem popped without any fanfare.
"JAT has expanded its import children’s products section since late last year with BabyCare, one of China’s largest children’s products manufacturers and suppliers. JAT has expanded its product range by commencing to distribute Lemonkid products. Online sales are being expanded through JAT’s best4kidz.com.au e-commerce sales platform"
So Jatcorp is also distributing Lemonkid as well as Babycare as expected after prominence on Jatlife was obvious.
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(20min delay)