Food Revolution Group Reports Growth Amidst Challenges

Food Revolution Group Ltd. (AU:OJC) has released an update.

Food Revolution Group Ltd., owner of The Original Juice Co., has reported a 13.2% increase in gross sales revenue to $59.6 million for FY2024 despite an operating EBITDA loss of $1.7 million due to citrus shortages and increased costs. The company has successfully diversified its product range, reducing reliance on citrus from 90% to 55%, and seen a 47.1% growth in its Juice Lab shots range. Operational efficiencies and strategic investments have positioned the company for sustainable growth in the competitive juice and wellness beverage market.

For further insights into AU:OJC stock, check out TipRanks’ Stock Analysis page.