Demand Problem, page-5

There's no doubt that anyone who bought into Yowie thinking they were going to take the US by storm would have been disappointed. Maybe there is a demand problem, if so the question is whether it is just a matter of time for the product to gain traction (btw the Walmart roll out only occurred around September 2015 which is probably the more accurate point for saying "Yowie has been selling in the US" until that time it was just a handful of specialty stores and some trials in tier ones) or whether the US market has received Yowies with a disinterested shrug.

There is also the possibility that supply issues were a significant factor in the slower progression. No one know for sure how much the manufacturing change and wrapper debacle slowed the progess but there is certainly a significant possibility Yowie would be much further progressed at this point and it's only a matter of time before they get back up to pace.

Basically at current market cap all Yowie has to do to meet a 20x P/E ratio is clear a bit over $5m in earnings which is nothing. So at this price, the question is whether you think Yowie is a dog that will never (or is highly unlikely to) make a profit or its trading cheap at this price.