Skip to main content
Grafa
Consumer staples
Maggie Beer Holdings cuts statutory loss to $9.5M
Image for illustrative purposes only. Not a real photo.

Maggie Beer Holdings cuts statutory loss to $9.5M

Share
  • Maggie Beer Holdings reduced its FY26 statutory net loss by 60.8% to $9.5 million.
  • The company's stock held steady at $0.057 following the announcement.
  • Growth in core products and cost reductions offset e-commerce sales declines.

Maggie Beer Holdings (ASX:MBH) reduced its full-year statutory loss by 60.8% to $9.5 million for the period ended June 30.

The improved performance compares to FY25, supported by a 25.9% reduction in trading EBITDA loss to $0.5 million.

Chairman Mark Lindh said the last financial year had delivered significant progress in key areas of underlying financial performance, including unallocated corporate costs falling from $4.7 million in FY25 to $2.9 million in FY26 on an EBITDA basis.

Secondary metrics showed group net sales held flat at $75.7 million, while corporate costs fell by $1.8 million to $2.9 million.

The company ended the period with no drawn debt, a net cash balance of $1.9 million, and appointed a new managing director.

Following the announcement, the Maggie Beer Holdings share price was unchanged at $0.057.

The main Maggie Beer Products division grew sales by 8.2%, driven by strong demand in stocks, broths, and cheese distribution.

Conversely, the Hampers & Gifts Australia segment saw net sales drop 6.3% due to website migration issues that impacted organic search traffic.

Frequently asked questions