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
July 6 (Reuters) - Bubs Australia Ltd (BUB) : PLAN FOR GROWTH &...
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Last
15.0¢ |
Change
0.005(3.45%) |
Mkt cap ! $134.1M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.0¢ | 14.5¢ | $122.2K | 828.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 372990 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 15.0¢ | 497553 | 8 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| BUB (ASX) Chart |