Good Points USA dollar hit a high 1.65AUD Feb now around the 1.45aud mark.
With potential President change in USA November this may change. (keep in mind this is just USA profits not necessarily everywhere else eg china ) I believe originally they were working off 30% profit per can.
Bubs has always aimed to be positive EBITDA FY25. The latest Presentation Regie touches on this with next year or 2 being financially independent.
The new cans are only just rolling into the USA better profit margins, lower cost per individual can for the consumer. While they are jacking up prices on the old Cans on Amazon trying to push new consumers to the new cans earlier than later. (Smart move imo)
Another factor to look at is inflation is slowing and USA is already implementing rate cuts which are great for all consumers.
USA and CHINA the quiet under dog is going to be massive this year 50% growth?
No doubt Bubs will have to increase there loan/debt facilities to push through, but with the expansion and current track record should be fine.
New CFO coming in June 25, just need to make sure we are sweet on maintaining that cash burn.
As always Lads DYOR, the big sharks will be lurking closely soon
BUB Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)