Forbidden Foods Ltd ( (AU:FFF) ) has issued an announcement.
Forbidden Foods Ltd has reported a significant 18.5% increase in revenue for the first half of FY2025, driven by the strategic acquisition of Oat Milk Goodness (OMG) and the implementation of a multi-brand strategy. The company has achieved substantial cost savings through employee and operational efficiencies, positioning itself for improved profitability and cash flow. The launch of new products, including Coffee ‘PrOATein’, and strategic partnerships, such as the sponsorship of the Melbourne Mavericks Netball team, are expected to further enhance brand visibility and market penetration.
More about Forbidden Foods Ltd
Forbidden Foods Ltd (ASX: FFF) is a health and wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brand, Blue Dinosaur®, is sold in Australia and the USA, catering to consumer demand for high-quality food options.
Average Trading Volume: 1,651,108
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.41M
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