Brief: Bubs Australia Says Expectation To Be Cash Flow Positive In FY25

Bubs Australia

31/08/2023 06:12

Aug 31 (Reuters) - Bubs Australia Ltd  BUB.AX :
    * EXPECTATION TO BE CASH FLOW POSITIVE IN FY25
    * SEES FY24 REVENUE GUIDANCE OF A$80M
    * SEES FY24 GROSS PROFIT MARGIN OF 40%
    * ON TRACK TO CUT MONTHLY CASH BURN FROM A$5M TO A$2M FROM
Q2 FY24

Source text for Eikon:  ID:nASX54Yvz8 
Further company coverage:  BUB.AX 

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