McPherson's reports $20.3M full year net loss
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Key points
- McPherson's reported a statutory net loss after tax of $20.3 million for FY26.
- The company's share price remained unchanged at $0.14 following the earnings release.
- Transformation disruption and sales challenges across key channels drove the financial decline.
McPherson's (ASX:MCP) posted a statutory net loss after tax of $20.3 million for FY26 as operational disruptions hit sales performance.
The financial result marks a significant decline from the $15 million net loss recorded in FY25.
"The result was clearly unsatisfactory," said McPherson's management in its annual progress report.
Revenue from continuing operations fell 14.9% to $118.3 million, while underlying EBITDA dropped to $44.3 million.
Following the announcement, the McPherson's share price was unchanged at $0.13.
The business ended the fiscal year with net cash of $4.5 million, down from $8.8 million a year prior.
McPherson's has spent three years restructuring its business model to lower costs and broaden distribution.
