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Bubs Australia Ltd. ( (AU:BUB) ) has shared an update.
Bubs Australia Limited reported a positive operating cash flow for the second consecutive quarter, with a notable improvement in financial performance for Q3 FY25. The company achieved a group net revenue of $23.2 million, a 52.6% increase from the previous corresponding period, and a significant reduction in EBITDA loss. Bubs is making progress in the USA market, with strong sales growth on platforms like Amazon and in physical stores, partly due to competitors’ supply shortages. The company is also advancing its clinical trials in the USA, aiming for FDA approval later in the year, which could further enhance its market positioning.
More about Bubs Australia Ltd.
Bubs Australia Limited operates in the infant nutrition industry, focusing on producing goat milk-based infant formula and other nutritional products. The company has a significant market presence in the USA, China, Australia, and other regions, with a strategic emphasis on expanding its market share and improving financial performance.
YTD Price Performance: 20.0%
Average Trading Volume: 1,909,098
Technical Sentiment Signal: Buy
Current Market Cap: A$107.2M
For a thorough assessment of BUB stock, go to TipRanks’ Stock Analysis page.