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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.