Reg Weine, Bubs Chief Executive Officer (CEO) and Managing Director (MD), said: “T
We are pleased to report that we have already extended our single manufacturing shift to meet the increasing demand and we will move to a full second shift at Deloraine in mid-January 2024. Despite the supply chain interruptions and inventory shortages in the US over the past 6 weeks, the demand for our products and brands continues to grow. Bubs achieved record weekly USA sales in November 2023 of over $770k. Once we are back in a full stock position, we expect our growth rate will increase further.”
Cash Position
Bubs held $30.1 million in cash reserves as at 30 November 2023, with an additional $9.8m of unused headroom on its bank facilities.
he American Academy of Pediatrics (AAP) expanded their infant formula recommendations recently to
include goat milk-based products for the first time which is a game changer.
Reg Weine, Bubs Chief Executive Officer (CEO) and Managing...
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Last
13.0¢ |
Change
0.005(4.00%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 13.0¢ | 12.0¢ | $518.0K | 4.145M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 220000 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 927069 | 26 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| BUB (ASX) Chart |