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How My Foodie Box’s $1.39M Profit Signals a New Strategic Direction
7:11pm on Tuesday 29th of July, 2025 AEST
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Consumer Discretionary
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How My Foodie Box’s $1.39M Profit Signals a New Strategic Direction
7:11pm on Tuesday 29th of July, 2025 AEST
Key Points
FY24 net profit of $1.39 million reversing prior loss
Sale of core meal kit business completed May 2024 to MFB (WA) Pty Ltd
Received 40% equity stake in MFB and provided vendor financing
Raised $560,650 in debt during FY24 and secured further loans post-year-end
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