Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-2

don't listen to the armchair critics and pontificators on these threads.

just read and appreciate the facts - as demonstrated in the continuous good results demonstrated by the turn-around of the Yowie business,
The figures don't lie.
EBITDA positive quarter after quarter.
Cashflow positive quarter after quarter ( before this qtr purchases of inventory materials in advance !!)
And what a good move that was - US has had major supply chain disruptions, so YOW purchased inventory in advance from its suppliers in China.
So now YOW can ensure it can meet the increased demand from customers.
Of course that is dependent upon the Yowie choc manufacturer not being adversely affected by labour shortages as workers are hit by Covid. Those issues are US wide unfortunately.
Note there are US$1m of back log orders for Yowie product, yet despite that backlog, Yowie still achieved a huge % increase in sales !!
If one reads between the lines, there seems to be plans afoot.

"We enter the 3rd quarter with over $1M in backlogged orders and exciting new distribution coming on board" --- what does this mean?? Maybe new customer or new distribution agreement in Aust or US or maybe somewhere else?? Europe maybe??

We have new Board members with recognised experience, and industry contacts, from the fast moving confectionery industry now on the Yowie board.

So, in spite of a severely undervalued share price, Yowie has demonstrated the potential of its business, and now its growth potential is being pursued by experienced FMCG operators.

So US$8m at 70c = A$11.43m ---> 218m shares = 5.2c Aus per share cash.
That cash is growing, and next quarter will not be affected by advance inventory purchases.

SO SP places no value on Yowies business, which is generating A$6m or US$4.2m sales per qtr or rate of A$24m sales per year.

It spins off significant cash per qtr, and getting better.
It has proved its business model against the huge advertising blitz of Kinder and other giants. Not only did Yowie survive that blitz, but it has improved its sales and cash flow.