Ann: Bubs US Growth Continues at Pace, page-6

I understand the need to try and pump the SP a little.

But I'd be a little concerned if this is the best data they could cherry pick. It seems to indicate that USA growth is starting to plateau.

Yes, sales are up 161% compared to the equivalent period in FY23. But I was quite surprised to see they are down to single digit growth for quarter on quarter.

As a still relatively new entrant into the market, the longer term comparisons are a bit misleading (I've noticed BUB often likes to say things like their sales are up 500%, when comparing to a period where the product was only just released or they only just entered a market). It's the quarter-on-quarter figure that shows the actual momentum.

Given they are now fully reliant on the USA market, and they earmarked ALL their recently raised cash to this market, I would have thought they could do better than 8% growth.