Post by Bubs Australia
6,560 followers
FY25 was a significant year for Bubs as it achieved its first statutory after tax profit of $5.5m versus a statutory after tax loss of $21.0m, FY24. Underlying EBITDA1 was $0.6m versus a loss of $20.3m in FY24. Total revenue in FY25 was $102.5m, an increase of 29% on FY24 ($79.7m). Bubs CEO, Joe Coote said, “We continue to build strong momentum in the USA as well as our other core markets. We achieved strong growth in our two key strategic export markets, with USA revenue up 52% and China revenue up 22% on FY24. We also grew infant formula revenue in our home and rest of world markets including Japan and Vietnam. “Pleasingly, we achieved net revenue of $102.5m during the year in line with our revenue guidance,” Joe Coote said. To see the full presentation visit https://lnkd.in/d5SBd-3c