In FY2019, the gross revenue for the Forbidden Foods Group was $3,429,344 and the pro forma gross revenue is forecast to be $4,117,706 in FY2020.
Are these numbers attractive? There are a lot of minus signs in the financials i noted when quickly scanning the prospectus. Is this a concern?
There apparently was a heap of interest shown in the IPO from fund managers. I have a receipt for my modest investment today so hopefully OK!
It appears that many IPOs are being heavily discounted during this Covid period so good opportunity - buy when blood is in the streets! There is not much on the streets at all lately, I've been out there and it is sooooooooo quiet with almost every business closed/locked up but online its a different story.
