tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Forbidden Foods Ltd Reports 218% Increase in April Sales

Story Highlights
Forbidden Foods Ltd Reports 218% Increase in April Sales

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Forbidden Foods Ltd ( (AU:FFF) ) has issued an update.

Forbidden Foods Ltd reported a significant increase in April sales, with invoiced sales reaching $445,961, marking a 218% increase from the previous year. The company has seen strong growth in its ecommerce sales, particularly for its Blue Dinosaur products, and is well-positioned to exceed $4 million in annual sales following the integration of Oat Milk Goodness. The company is also planning a name change to OMG Group Limited to strengthen its brand position in the FMCG market.

More about Forbidden Foods Ltd

Forbidden Foods Ltd (ASX: FFF) is a health and wellness food company focused on providing clean, sustainable, and healthy products. The company’s core brand, Blue Dinosaur, is sold in Australia and the USA.

Average Trading Volume: 8,924,734

Technical Sentiment Signal: Buy

Current Market Cap: A$4.98M

For an in-depth examination of FFF stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1