Bubs Australia Ltd. ( (AU:BUB) ) has issued an announcement.
Bubs Australia Limited reported a significant improvement in its financial performance for the half-year ending December 31, 2024, with total revenue increasing by 23% to $48.5 million and a remarkable turnaround from a loss to a profit of $3.55 million after tax. Despite the positive financial results, the company did not declare any interim or final dividends for the current or previous periods, reflecting a cautious approach to capital distribution amidst its growth phase.
More about Bubs Australia Ltd.
Bubs Australia Limited operates in the infant nutrition industry, focusing on producing and distributing infant formula and related nutritional products. The company is known for its goat milk-based formulas and has a market focus on both domestic and international markets, particularly in China.
YTD Price Performance: 35.00%
Average Trading Volume: 2,540,393
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$120.6M
For an in-depth examination of BUB stock, go to TipRanks’ Stock Analysis page.