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Oliver's Real Food Limited (ASX:OLI)

ALERT: Price-sensitive ASX Announcement for OLI
Current share price for OLI : $0.006 -0.003 (-33.33%)+
Announcement
Release
16 Oct 2025 12:12PM
Price at Release
$0.009
Full Release
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Summary
Oliver's Real Food Limited reported significant financial improvements for the September 2025 quarter, with an EBIT increase to $185k and a cash flow turnaround to $769k from a previous negative. Despite a 4.82% revenue decrease brought by store closures, same-store sales grew by 3.1%. The company implemented efficiency initiatives, reducing expenses by 13.15%. The strategy focused on profitable stores, resulting in better financial outcomes, while maintaining nil interest payments on loans and managing directors' fees at $14k.
Key Points
  • EBIT improved to $185k, a 192% increase from the previous year's loss of $201k.
  • Cash flow from operating activities turned around from a negative $376k to a positive $769k.
  • EBITDA increased by 57% to $702k compared to $447k from the previous year.
  • Company revenue was $5.782m, a decrease of 4.82% compared to the September 2024 quarter.
  • Store closures in Lithgow, Coffs Harbour, and Pheasant Nest North impacted sales by -$408k.
  • Same-store sales were 3.10% higher than the September 2024 quarter.
  • Expenses were reduced by 13.15% due to efficiency and cost reduction initiatives.
  • The company is focusing on profitable stores and closing unprofitable ones to improve financial outcomes.
  • Interest paid to related party entities on loans was nil for the quarter, and Directors' Fees were $14k.
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.