July 6 (Reuters) - Bubs Australia Ltd (BUB) :
- PLAN FOR GROWTH & DELIVERING SHAREHOLDER VALUE
- COMMENCED A STRATEGIC REVIEW OF BUSINESS WITH PARTICULAR FOCUS ON USA, AUSTRALIA, AND CHINA OPERATIONS
- ANNUAL OPERATING EXPENSES HAVE BEEN REDUCED BY APPROXIMATELY A$10M
- EXPECT THAT MONTHLY CASH BURN WILL BE MORE THAN HALVED FROM A$5M TO A$2M FROM Q2 FY24
- STRATEGIC REVIEW SETS OUT A 5-POINT PLAN TO RESPONSIBLY MANAGE CAPITAL, AMONG OTHERS
- BUBS' STATE OF ART MANUFACTURING FACILITY IN DELORAINE, VICTORIA IS UNDER- UTILISED, OPERATING AT 31% CAPACITY
- CURRENT GROWTH PLANS ARE FULLY FUNDED, AND PLANS ARE IN PLACE TO LIQUIDATE EXCESS INVENTORY
- SEES FY24 GROSS PROFIT MARGIN OF 40%
- SEES CASH FLOW POSITIVE IN FY25
News: BUB Bubs Australia Says Annual Operating Expenses Reduced By A$10 Mln
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $151.8M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.0¢ | $186.7K | 1.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 2382753 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 1174514 | 17 |
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| Last trade - 16.10pm 21/07/2025 (20 minute delay) ? |
| BUB (ASX) Chart |