BUB 3.57% 14.5¢ bubs australia limited

Ann: BUBS USA Growth Accelerates, page-2

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    KEY HIGHLIGHTS

    Bubs is experiencing strong growth and accelerating consumer demand in the USA despite recent stock shortages.

    • Record weekly USA revenue of over $770k in November 2023

    • USA full year FY24 net revenue is forecast to be at least $48m, up 100% on

      FY23

    • Bubs® is the #1 infant formula goat milk in the U.S, with over 330,000 tins sold financial year to date by the end of November 20231 compared to 400,000 in full year FY23

    • Bubs® ranged in over 5,900 stores across the USA

    The American Academy of Pediatrics (AAP) has now officially expanded its infant

    Bubs Australia Limited
    ACN 060 094 742
    23-29 Nina Link, Dandenong South VIC 3175 Australia

    1800 2827 2878 (1800 BUBS AUST) [email protected]

    11 December 2023

    formula recommendations to include goat milk-based products.2

    https://www.forbes.com/sites/ninashapiro/2023/12/01/pediatricians-are-now-

    recommending-goat-milk-formula-for-infants/?sh=167751d8d070


 
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