SPC Global Reports $383M Revenue, $41M Loss for FY2025

Robust Revenue Growth Amid Strategic Expansion

SPC Global Holdings Ltd has delivered a significant uplift in gross revenue for the financial year ended 30 June 2025, reporting $383 million, up 40.66% from $272 million in the prior year. This growth was largely driven by the successful integration of acquisitions including Natural Ingredients Pty Ltd and Nature One Dairy, as well as operational expansions across its food and beverage divisions.

The acquisitions, completed during the year, have broadened SPC Global’s footprint in the Australian and international markets, particularly in fruit and vegetable ingredients and powdered milk products. These moves align with the company’s strategy to diversify its product portfolio and strengthen its supply chain capabilities.

Profitability Challenges and Cost Pressures

Despite the revenue gains, SPC Global recorded a net loss of $41.1 million, a substantial increase from the $11.4 million loss reported in the previous period. The widened loss reflects significant restructuring expenses, merger and acquisition costs, and elevated finance expenses. The relocation of The Kuisine Company’s manufacturing facility to a larger site in Auburn, NSW, also contributed to short-term costs but is expected to enhance operational efficiency going forward.

Normalised EBITDA, which adjusts for exceptional items, showed a modest improvement to $12.3 million from $11.0 million, indicating underlying operational resilience despite the challenging cost environment. The company’s management highlighted that these normalisations include restructuring and listing costs associated with the merger activities.

Strategic Moves and Market Positioning

SPC Global’s portfolio now encompasses iconic Australian brands such as SPC, Ardmona, and Goulburn Valley, alongside newer additions like The Original Juice Company and Nature One Dairy. The group services retail, food service, and industrial customers domestically and exports to over 15 countries, including key markets in China, the US, and Southeast Asia.

The company also announced a successful share consolidation and rebranding, relisting on the ASX under the ticker SPG in December 2024. Post-reporting period, SPC Global secured credit approval to refinance its debt facilities, transitioning from Scottish Pacific to Commonwealth Bank of Australia, a move expected to support its capital structure and growth ambitions.

Outlook and Integration Focus

While the financial results reflect the costs of transformation, SPC Global’s expanded scale and diversified product offering position it well for future growth. The integration of acquisitions and operational improvements, such as the manufacturing relocation, are key focus areas for management. Investors will be watching closely how these initiatives translate into profitability and cash flow in the coming periods.