Forbidden Foods Ltd ( (AU:FFF) ) just unveiled an update.
Forbidden Foods Ltd reported significant growth in its Q3 FY25 activities, with net sales reaching $1.1 million, marking a 171% increase from the previous year. The company achieved record monthly net sales in March 2025 and secured a substantial order from Costco Australia, reflecting strong demand for its products. The strategic share placement raised $1 million, facilitating inventory build-out to meet rising demand, and the company is on track for annual post-acquisition sales of over $4 million. Additionally, Forbidden Foods plans to rename itself OMG Group Limited, subject to shareholder approval, and has made key executive appointments to strengthen its leadership.
More about Forbidden Foods Ltd
Forbidden Foods Ltd is a company operating in the fast-moving consumer goods (FMCG) industry, primarily focusing on a multi-brand platform that includes products like oat milk and the Blue Dinosaur range. The company has expanded its distribution footprint and product range, aiming to consolidate its market presence in Australia.
Average Trading Volume: 8,924,734
Technical Sentiment Signal: Buy
Current Market Cap: A$4.98M
See more data about FFF stock on TipRanks’ Stock Analysis page.