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An update from Forbidden Foods Ltd ( (AU:OMG) ) is now available.
OMG Group has secured a collaboration agreement with Sydney-based specialty coffee roaster The Little Marionette to supply premium, 100% ceremonial grade Japanese matcha as a raw ingredient. The Little Marionette’s established national and international café, hospitality and retail network positions OMG’s matcha within premium consumer segments aligned to its brand strategy.
The deal marks the first commercial validation of OMG’s matcha ingredient supply channel and complements the recent appointment of Food & Dairy Co as its first official matcha distributor. Together, these partnerships create dual revenue streams from branded products and ingredient sales, strengthening OMG’s vertically integrated matcha platform and supporting its push into food service, grocery and specialty retail channels.
Management said the collaboration underscores growing demand from premium brands for authentic Japanese matcha and confirms a key pillar of the company’s matcha strategy. OMG is continuing discussions with additional ingredient supply customers and distribution partners, signalling further expansion and potential revenue growth from its high-margin ingredient business.
The most recent analyst rating on (AU:OMG) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Forbidden Foods Ltd stock, see the AU:OMG Stock Forecast page.
More about Forbidden Foods Ltd
OMG Group Ltd is an ASX-listed health and wellness food company focused on clean, sustainable and healthy products. Its core brands include Blue Dinosaur and Oat Milk Goodness, and the company is building a vertically integrated platform around premium Japanese matcha spanning consumer brands, food service distribution and raw ingredient supply.
Average Trading Volume: 4,704,740
Technical Sentiment Signal: Sell
Current Market Cap: A$7.57M
See more insights into OMG stock on TipRanks’ Stock Analysis page.