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Forbidden Foods Ltd ( (AU:OMG) ) just unveiled an announcement.
OMG Group reported a strong first half to FY2026, with sales rising 79% to $3.108 million as demand accelerated across grocery, petrol and convenience, and ecommerce channels. Growth was driven by broader ranging of its Blue Dinosaur and Oat Milk Goodness brands, supported by a national retail footprint and improved supply chain efficiencies.
The company delivered its first-ever positive quarterly operating cash flow in Q2, reflecting improved operating leverage and scale benefits. A $2 million capital raising and new working capital facilities strengthened the balance sheet, funding a strategic inventory build and lifting net current assets, while ongoing sales momentum and margin-focused initiatives position OMG to expand distribution and build a more sustainable, cash-generative FMCG platform into 2026.
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 Australian fast-moving consumer goods company listed on the ASX, focused on multi-brand, multi-channel food and beverage products. Its core brands include Blue Dinosaur and Oat Milk Goodness, which are sold through major grocery, petrol and convenience retailers as well as a growing ecommerce platform, with an increasing emphasis on premium, higher-margin offerings such as Japanese matcha.
Average Trading Volume: 2,076,811
Technical Sentiment Signal: Sell
Current Market Cap: A$6.6M
Learn more about OMG stock on TipRanks’ Stock Analysis page.