A2m moved it's offices to Australia in 2009 check out where the...

A2m moved it's offices to Australia in 2009 check out where the price was then, 9 years later we see where the price is now.


A2 milk to move head office to Australia
11:05, Feb 13 2009

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A2 Corp Ltd is transferring its head office to Australia so it can build its business there after posting an overall interim loss.

A2 licenses intellectual property that enables the identification of cattle producing A2 milk and receives royalty income from sales of the milk.

The company this month reported a $1.99 million loss in the six months to September 30, reduced from the $2.07m loss reported last year.

Its revenue in the six months to September 30 was just $217,655, comprising royalties and management fees, down from $1.49m last year when a one-off fee of $1.45m was received for the A2 Dairy Products (A2DP) joint venture in Australia.

The company said today that it was implementing a strategic market review following the half-year result in which Australian sales increased 260 percent.

"The board has decided that the strategic review will include a restructuring proposal where Australia will be one of the key drivers of A2C's business operations as part of endeavouring to make the business fully profitable by the end of 2009," chairman Cliff Cook said.

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