Coles (ASX:COL) awards Keytone Dairy (ASX:KTD) private label tender, page-44

You keep saying that net profit is the only thing that increases share prices, which is not correct.
There are many companies with billion dollar market caps that have no net profit or positive EBITDA.

KTD will first need to reach positive EBITDA and it is projected to reach this in the second half of 2021 FY.

We are not expecting net profit for the FY (especially with single one off transactions), but we are expecting positive EBITDA for 2H and this alone will drive an increase in SP.