Without doing any figures and numbers...The largest product...

Without doing any figures and numbers...

The largest product sales come from biodegradable bags I think?



These bags resulted in H1 FY21 sales worth > 3.75 Million dollars.

As far as I know, this is made up of sales from Woolworths, Jewett Cameron, and Councils.

If we allocate each retailer 1/3rd of sales (this is conservative as I feel Woolworths may be responsible for a larger chunk of the sales than 1/3rd) this means Woolworths have attributed > 1.25 million dollars in sales at the time of the Half-Yearly Results Investor Presentation provided in March.

They are now more than doubling the stores this product is available in so I can only estimate this will result in > 1.25 million dollars worth of extra Biopolymer bag sales in the future once these products are ranged into said stores.

This is without allowing for growth in other retailers, customer sentiment, customer awareness etc...

Big growth ahead if Woolworths continue to expand the stores in which our products are available or they expand the product range of ours which they sell.

All in my opinion and Do your own research Happy Times!