bearish

My Food Bag (MFB): FY23 Result – Initial Impressions

236 Views30 May 2023 20:00
Broker
My Food Bag’s (MFB) FY23 result was broadly in line with our expectations, featuring a significant reduction in normalised NPAT to NZ$7.9m from NZ$20.1m in FY22 (~-61%); MFB has pointed to a difficult trading environment with pressures on households as the key driver of this reduction.
SUMMARY
(Sign Up to Access)
Get started on the Smartkarma Research Network with a complimentary Preview Pass to:
  • Unlock all research summaries
  • Follow top, independent analysts
  • Receive personalised alerts and emails
  • Access Briefings, Analytics, and Events

Upgrade anytime to our paid plans for full-length research, real-time analyst discussions, and more.

Join a thriving community of 45,000+ investors, including the top global asset managers managing over $13trn in assets.

or
Already have an account? Sign In Now
Full Insight
(Paid Plans Only, 2-minute read)
Discussions
(Paid Plans Only)
chart-bar
Logo
Forsyth Barr
New Zealand Professional Investment Services Firm
New ZealandEquity Bottom-Up
Price Chart(Sign Up to Access)
analytics-chart
  • My Food Bag (MFB): FY23 Result – Initial Impressions
    30 May 2023
x