QUARTERLY ACTIVITIES REPORT AND APPENDIX 4C CASHFLOW STATEMENT
Bubs Australia (ASX:BUB), producer of Australian made premium infant formula and organic
baby food products, submits the following Activities Report and Appendix 4C Cash Flow
Statement for the fourth quarter, period ended 30 June 2017.
STRONG RECCURRING REVENUE GROWTH AND CONTINUING INVESTMENT IN BRAND
DEVELOPMENT AND ROUTE TO MARKET CAPABILITY
Highlights
Bubs Australia has delivered consistent positive sales growth, quarter on quarter throughout
FY17.
• Gross revenue for the fourth quarter was $1.41 million, up 19% on the previous quarter,
and up 35% on same period the previous year.
• Growth driven by increased domestic distribution in major grocery and pharmacy
channels.
• Since listing on the ASX in January 2017, the Company has approximately doubled the
number of stores in which Bubs products are sold in domestically.
• Domestic sales accounted for 77% of quarterly sales revenue, with 18% generated from
China cross-border e-commerce sales, and the remaining 5% from other markets.
• Annual domestic revenue growth continues; up 33% versus the previous year at the end
of the fourth quarter.
• Investment in developing new products to enable our product innovation strategy.
• Continued investment in building international channel capacity, including agreements
with Kaola NetEase and RED.
• Announcement of strategic partnership with Brilite Nutritionals to achieve regulatory
approval & distribute Bubs to Mother and Baby stores in Mainland China.
Cash Position
Bubs Australia continues to maintain a healthy balance sheet with A$5.3 million in cash
reserves as at 30 June 2017, with no debt outside of existing trade partners.
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