OMG Group Revenue Climbs 48% with Record 41% Gross Margin and Expanded International Reach

Robust Revenue Growth and Margin Expansion

OMG Group Limited (ASX:OMG) delivered a third consecutive year of strong top-line momentum in FY26, with revenue surging 48% to $6.13 million, up from $4.13 million in FY25. This growth streak reflects the company’s successful expansion across grocery, petrol, convenience, food service, and ecommerce channels, alongside the launch of a new matcha product platform.

Gross profit outpaced revenue, rising 52% to $2.52 million and pushing the gross margin to a record 41%, the highest since the company’s inception. This margin expansion was driven by improved logistics, packaging and ingredient efficiencies, and a growing share of ecommerce sales where OMG captures full retail margin. The gross profit increase represents a 179% jump since FY24.

Loss Reduction Amid Strategic Reinvestment

Despite the revenue and margin gains, OMG Group reported a statutory loss before tax of $2.54 million in FY26. Management identified approximately $680,000 of one-off growth investments in marketing, brand, and product development, including costs linked to the Woolworths ranging extension, and $126,000 in transaction costs. After adjusting for these and a $120,000 tax benefit, the normalised loss before tax stood at $1.86 million.

Further adjusting for a $299,000 non-cash long-term incentive expense, the normalised loss before tax improved by 8% compared to FY25, narrowing from $1.70 million to $1.56 million. The company deliberately reinvested much of the gross profit uplift into expanding its brand presence and distribution footprint to support future growth.

Broader Distribution Footprint and International Expansion

FY27 opens with an expanded national and international distribution footprint. OMG secured a Woolworths ranging extension for five Oat Milk Goodness PrOATein products, building on the three products launched in FY26. Blue Dinosaur achieved national ranging with Chemist Warehouse New Zealand, marking a significant international retail breakthrough. Additionally, the company signed its first Southeast Asia distribution agreement, targeting new markets beyond Australasia.

Ecommerce sales continued to accelerate, with July FY27 net sales reaching approximately $738,000; up 120% year-on-year and 46% from June 2026; defying typical seasonal trends and underscoring the growing importance of direct-to-consumer channels.

CEO Highlights Focus on Sustainable Growth

CEO Alex Aleksic emphasised the company’s strategic approach: "We have materially expanded our commercial footprint while reinvesting gross profit growth into brand, distribution, and new product initiatives. The focus now is on converting that broader footprint into sustainable revenue growth, maintaining margin discipline, and progressing toward cash flow breakeven."

The combination of strong revenue growth, record margins, and international distribution gains positions OMG Group well as it moves into FY27, though the path to profitability will depend on how effectively it leverages these expanded channels.