Sales and revenue growth from first full reporting period of NuLac Foods transaction
- Q3 net sales up 422% to $5.178 million on same period last year, and up 180% on the previous quarter.
- Q3 gross sales up 361% to $5.455 million on same period last year, and up 174% on the previous quarter.
- Quarterly growth driven by additional revenues from both the Bubs business and the first full quarter of trading from NuLac Foods under Bubs Australia’s ownership.
- Sales of Bubs® Goat Milk Infant Formula grew 63% on same period last year.
- Sales to China grew 55% for the third quarter versus the same period last year.
- Strong balance sheet: A$5.570 million in cash reserves following the NuLac Foods acquisition.
- Added to the All Ordinaries index of the Australian Securities Exchange
Sales and revenue growth from first full reporting period of...
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