Ann: Half Yearly Report and Accounts, page-13

Amazing buying opportunity!

Love this! Although overall revenue fell by 25% due to the sale of a key dairy farm, which, while reducing income, generated cash for new initiatives. The net loss also decreased by 26%.

The dairy farms segment posted a profit of about $796,000 thanks to better livestock prices and lower operating costs, while the nutritional powders segment, despite a 23% revenue boost, still reported a loss.

The company is shifting its focus to international markets by preparing to launch its premium Future brand in China and by securing manufacturing agreements and shipments to regions like Vietnam.

Despite current cash outflows and accumulated losses, recent capital raises and existing cash reserves support the Board’s confidence in achieving improved profitability and continued operations.

Beautiful buying opportunity! I would be surprised if we didn’t have a profitable quarter this financial year!