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Nuchev Limited (ASX:NUC)

ALERT: Price-sensitive ASX Announcement for NUC
Current share price for NUC : $0.085 -0.055 (-39.29%)+
Announcement
Release
30 Oct 2025 2:26PM
Price at Release
$0.140
Full Release
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Summary
Nuchev Limited reported significant growth in its first quarter FY26, with group revenue reaching $6.5 million, marking a 30% increase from the previous year. The company's expansion into the Vietnam market contributed $0.6 million to this quarter's sales. Oli6® Nutritional sales in ANZ, China CBEC, and Vietnam grew significantly, particularly in ANZ's Grocery and Pharmacy channels. The Practitioner business also saw a 46% rise in sales revenue. Despite incurring net cash outflows of $3.1 million, the company adjusted for delayed cash receipts, resulting in a net cash outflow of $1.9 million. Nuchev's focus remains on profitability through growth in Vietnam, an NPD pipeline, and new distribution agreements.
Key Points
  • Group revenue in Q1 FY26 increased by 30% year-over-year.
  • Sales in Vietnam contributed $0.6 million to the quarterly revenue.
  • Oli6® Nutritional sales saw significant growth, especially in ANZ.
  • Practitioner business revenue rose by 46%.
  • Net cash outflows were adjusted to $1.9 million after accounting for delayed receipts.
  • Focus on profitability with growth strategies in Vietnam and new product developments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.