First year revenue: $928k. FY18 currently annual run rate: $3.2m...

First year revenue: $928k.
FY18 currently annual run rate: $3.2m
Gross sales for the period 1 July to 29 August is $529,073.



WHA recorded revenue for the full year of $928,426 and a net loss of $4,150,944. A major component of the loss was a one-off expense incurred during the IPO and the conversion of Convertible Notes to equity which
exceeded $1.1 million.
Cash at Bank on the 30 June was circa $5.7 million with inventory on hand and prepayment
of inventory exceeding $1.3 million.
Since the listing, WHA has made strong progress in elevating their brand awareness and
sales, including signing key supply agreements with:
• Australian based mother and baby retailer Baby Mode Australia Pty Ltd.
• Southern China’s largest mother and baby retailer, Aiyingdao Zhuhai Business Chain
Limited.
• Malaysian distributor, Abby Healthcare (M) SDN. BHD.
• Australian leading wholesaler and distributor, Metcash Limited.
Post Reporting Period
WHA post reporting period continues to make significant progress building on the significant
achievements in the 2017 Financial Year.
• Gross sales for the period 1 July to 29 August is $529,073 (57% of FY17 sales).
• WHA signed a distribution agreement with Tesco Lotus Chain Supermarket Co. in
China.
• WHA signed an agreement to acquire a 5% stake in Blend & Pack Pty Ltd.
• WHA signed a Heads of Agreement with Organic Dairy Farmers of Australia Limited
• WHA successfully completed a placement raising circa $9.6 million with another
circa $3.3 million committed subject to shareholder approval.