First Quarter Fiscal 2025 Financial Highlights Compared to Prior Year
- Sales revenue increased 6.1% to A$10.4 million due to strong demand for the Company's cold pressed canola oil.
- Retail oil revenue increased 59.9% to A$5.7 million due to expanded distribution in leading retailers in Australia along with the addition of several new SKUs.
- Net loss of A$0.6 million compared to net income of A$1.4 million, reflecting changes to sales mix along with the timing of planned investments in brand and marketing to support our GEO products.
- Cash flow from operations improved to A$0.6 million compared to a use of A$1.5 million.