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Elixinol Wellness Drives Q1 Growth Amid Margin Recovery and Ecommerce Surge
4:44am on Monday 2nd of June, 2025 AEST
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Consumer Staples
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Elixinol Wellness Drives Q1 Growth Amid Margin Recovery and Ecommerce Surge
4:44am on Monday 2nd of June, 2025 AEST
Key Points
Q1 FY25 revenue up 13.7% year-on-year to $3.5M, down 18.7% from record Q4
Gross margin declined to 37% due to legacy SKU clearance and promotional rebates, forecast to improve to 43-45%
Temporary rise in operating expenses linked to Healthy Chef integration and restructuring
Ecommerce channels continue strong growth, supporting a positive outlook for second half
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ELIXINOL WELLNESS (ASX:EXL)
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