An update from Noumi Limited ( (AU:NOU) ) is now available.
Noumi Limited reported a 0.9% increase in revenues to $299.3 million for the half-year ended December 31, 2024, with an adjusted operating EBITDA rising by 19% to $27.5 million. However, the company faced a significant loss of $82.1 million, attributed to fair value expenses of convertible notes and impairment of non-financial assets. This financial performance raises concerns about the company’s ability to continue as a going concern, as highlighted by the auditors’ review report.
More about Noumi Limited
Noumi Limited is a leading Australian FMCG company specializing in the production of dairy and plant-based beverages, nutritional products, and ingredients for the health and fitness industries. The company operates advanced manufacturing facilities in Victoria and NSW and offers well-known brands such as MILKLAB, Australia’s Own, So Natural, Crankt, Vital Strength, and PUREnFERRIN lactoferrin.
YTD Price Performance: -2.78%
Average Trading Volume: 63,987
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$48.49M
See more insights into NOU stock on TipRanks’ Stock Analysis page.