Looks like BUBs outsources their Organic Baby food and Goat Infant formula product manufacturing (Property, plant and equipment valued at only $89,475 ) so margins could be much less than the competition if they have their own facilities.
Longer term may see BUB build their own plant. None of the $5m plus they have remaining is committed to building their own plant.
Competition in Goat Infant Formula -
Holle brand is the only one offering an Organic product in this category.
http://www.nursingangel.com.au/?rf=kw&kw=goat formula
Competition in the Organic Infant food market -
https://www.onlyorganic.com.au/
http://www.heinzforbaby.com.au/Our-Product/Heinz-Organic-Baby-food
http://www.ellaskitchen.com/our-products/
https://happyfamilybrands.com/
https://www.bellamysorganic.com.au/blog/its-here-bellamys-organic-baby-food/
https://www.wholekids.com.au/products/frooshies/
https://shop.coles.com.au/a/a-national/product/coles-4m-pouch-apple-banana-blueberry
https://www.woolworths.com.au/Shop/Discover/Macro-Baby
https://www.aldi.com.au/en/groceries/baby-care/
http://www.uponafarm.com/
Non Organic
http://www.raffertysgarden.com.au/
http://www.heinzforbaby.com.au/Our-Product/Farex
http://www.annabelkarmel.com/au/products/
https://woolworthsbabyandtoddlerclu...-baby/woolworths-once-upon-a-time-food-range/
BUBblicious, page-12
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